News Articles
Annual Meeting a Success!
Posted on Feb 15th, 2016
Applewood Estates HOA would like to thank everyone who turned in a proxy and/or attended the annual meeting. The HOA would also like to thank the board members for their hard work, leadership and a job well done in 2015. Applewood HOA is "Leading the Way" for other homeowner associations by keeping your home values high and yearly dues low. Homeowners can view the meeting presentation at the website and by clicking "Meeting Mintues". Below are a few of the highlights of the night:
- Home values remain strong with an average selling price of $329,993.00 in 2015
- Soft cards and letters for covenant violations were down in 2015
- The HOA cash, reserve fund and total capital remain strong
- Total expenses for 2015 came in under budget by $3,379.00 and income from investments were $408.00
- Annual dues were lowered by $5.00 and set at $95.00
- The Capitol Reserve Study was updated to a Level 3
- Bernie Beldin will remain a board member for 2 years and Ray Pope will join the board for 2016!
- The Fuji Way Traffic Calming Project was discontinued with yearly volume counts
- The Keene Road Improvement Project Plan will continue into 2016
We look forward to another challenging but exciting year! Thank you for making Applewood Estates the best it can be!
