Recent Posts:
- 26.11.02 – Reserve Report / Budget / WUCIOAReserve Report Here is our ’26 reserve report ’27 Adopted Budget Here is the adopted budget for ’27, opting to remove the roof line item and dedicate it to reserve savings to meet new mortgage guidelines. Pending ratification in our meeting on December 7th. WUCIOA The board will be meeting weekly for 2 hours each Friday to finish our WUCIOA restatement, with the goal of ratifying this as an association come December 7th.
- 26.11.02 – Meeting PacketRatify Prior Meeting Minutes – Board Vote We need to ratify our prior meeting minutes found here. FHA approval – Board Vote FHA Approval would allow buyers to purchase with lower down payments, which may expand the potential pool of buyers. It may allow buyers to obtain a better interest rate than conventional mortgages. This would also allow owners to initiate reverse mortgages should they wish. This would require current reserve studies, audits, and detailed financial information. This may require us to invest in additional investigations or reports than those we currently have. Certification has limited shelf life. Quote from… Read more: 26.11.02 – Meeting Packet
- 26.10.04 – Budget / ZiplyRevised Budget Draft Attached below is the updated draft of our ’27 budget to be discussed tomorrow. Nothing is set in stone. Everyone has 1 month to think on this and reach out to the board with any suggested alterations. We will vote on the budget in the November meeting, and Ratify it in December. Note that the numbers are going to be a bit weird. As a reminder, to normalize our budgeting season back to September – November, we used a 10 month budget in ’26 to avoid the nightmare of wrangling vendors and obtaining Quorum in December. Column… Read more: 26.10.04 – Budget / Ziply
- 26.10.05 – Meeting PacketRatify Prior Meeting Minutes – Board Vote We need to ratify our prior meeting minutes found here. Discuss potential FHA approval A resident has asked that we pursue FHA approval which would allow seniors to obtain reverse mortgages, we have asked that their mortgage specialist come to speak with us. At this time we don’t have confirmation if they will attend, but we will discuss the proposal regardless. There will be no vote on this item today, as we will not be signing any potentially binding legal documents without our lawyers having a chance to review them. Finance Review Going… Read more: 26.10.05 – Meeting Packet
- 26.09.07 – WUCIOA Draft DocsAttached are the DRAFT documents we just received from our attorneys. None of this is binding yet, but this will soon become so. Now is the time to call out any concerns with these documents, the board will be reviewing them and discussing in more detail at the October meeting.
