2017 Annual HOA Meeting Highlights
Lochmere’s Board of Directors welcomed residents to the Annual HOA meeting on October 24, 2017 at the Resurrection Lutheran Church, Fellowship Hall. A pleasant addition this year was early resident sign-in accompanied by cider and sweet snacks. This added social element to the meeting not only allowed us to start on time but gave folks a chance to socialize with their fellow residents. There were a total of 233 lots represented either in person (71) or by Proxy (162).
Board President, Reynold Nippe, gave an overview of the current state of affairs in Lochmere, focusing on how lucky we all are to live in such a great community and have so many volunteers on the committees.
Board member, and Nominating Chairman, Mark LeBlanc, officiated the Board member election. The membership voted to not require a written ballot due to the fact that two current Board members, Cecelia Davidson and Mark LeBlanc, were the only two standing for the open positions. Both were elected to the Board for a 3-year term expiring 2020.
Board Treasurer, Sharon Lee, walked the crowd through several financial statements, and provided a clear and concise overview of our reserve study and associated plans to maintain the community to the same high standards we've all come to expect. Sharon announced that the 2018 assessments will be $591 and explained the reasons behind the $9 increase.
The Committee Reports were led off with a report from the Communications Committee Chairman, David Blackwood. At the completion of his report, the group was entertained with the long-anticipated video “Take A Look At Lochmere” which illustrates the benefits of living in Lochmere to residents as well as potential buyers. David Werk, Lochmere resident and producer was thanked for creating such a fantastic video for the community. This video is now live on Lochmere.org.
The meeting concluded with the introduction of Cary Town Councilman, Jack Smith, and a question and answer forum with Jack and the Board of Directors.
The annual meeting was adjourned at 9:11 pm.
To review the full PowerPoint presentation presented at the meeting, the updated Reserve Study, and the 2017-2018 Operational Budget as presented, please see the attachments below.
(Please note that you must be logged in as a resident to review each of the attachments)