Parkview Hills Clubhouse
The recorded comments below are expressions of council members
and are not approved policy until voted on. The statements
were not recorded
verbatim and cannot be used as quotes.
AGENDA:
I.
Call to Order
Meeting
was called to order at
II.
Roll Call
a.
Sign-In Roster
Council
Members Present: Paul MacNellis, Cam Vossen, Tim Holysz, Ann Paulson, Bob
Nagler, Mark Hoffman, Kay Chase
Guests Present: Cari DeLong, Chad Avery, Danielle Hunt, Chris Mauen, William Eckert, Debra Chope Hughes, Jeff Smith
III.
Adoption of Agenda
Ann Paulson moved to adopt the
IV.
Approval of
Ann Paulson moved to approve the
V.
Old Business
a.
Debra
Chope-Hughes
Debra passed a copy of the funds statement along with a packet from the KCF. She gave an overview of the budget and donations and answered questions. Key points included:
§ The endowment money is set aside to be used for development and maintenance of the property for passive recreation purposes.
§ Quarterly statements go out.
§ The principle is not touched. Interest money from the principal is used for granting.
§ If the interest money is not used it rolls over into the next year.
§ Some groups choose to use the interest to build the principal but then the money is no longer liquid.
§ On the statement the beginning fund value is how it looked on Jan 1st.
§ There is a fee – ¾ of 1% of the total fund value on June 30th.
§ Permanently endowed funds have had better return than just the money market. Money market is better short term.
§ MI community foundation tax credit – a gift to a permanently endowed fund is eligible for a tax credit. The donor can request that the gift go toward either spendable or principal. However, only gifts towards the principal get tax credit.
§ Mark asked whether it is typical for organizations to have a rainy day fund and whether the foundation would agree to that. Debra explained that she didn’t know about other organizations. Caution to make sure the money is segregated enough from other monies so that is doesn’t get used for the wrong purpose. Debra said she would check into whether or not the foundation would approve such a fund.
b.
Asylum
Cari passed out the
c.
Dogs at
Tom
Edmonds, Paul MacNellis
Paul reported that patrols of the
property by animal control have begun. Seven warnings have been given to people
without leashes for their dogs but no citations have been issued.
a.
Maintenance Report
Tim
Holysz
Tim passed out an
Paul
MacNellis
A monthly schedule was passed
around for Council members to fill out.
These schedules will be compiled and fall meeting dates will be
determined. August is the last scheduled
meeting.
a.
Research/Education Committee
Chuck reported for the R&E
Committee. They had received an application
for water quality study at
There was discussion about the role of the R&E Committee. It was agreed that the R&E Committee has the authority to approve or deny submitted applications for research without the Council’s vote. In the future any submitted applications will be sent out to the Council when they are sent to the R&E Committee so that the Council is aware of projects. The Council can then bring up any concerns if they choose to do so with the R&E Committee.
The R&E Committee will look into the application for the Asylum lake water quality study. Cari will email the application for water quality study to the Council.
b.
Operations Committee
The Operations Committee met to
discuss procedures.
It was decided the Operations Committee has the authority to stop a project if it violated approved parameters. There have been no protocol violations as of yet.
VIII.
Public Comments
A guest to the meeting voiced his
concerns for the water quality of
Paul added that the water quality study will be comprehensive and give a
complete picture of the health of the lake.
Agreed the report needs to be publicized once completed. Our website has a page that lists all past
and current research going on at
IX.
Council/Staff Comments
None.
Meeting
was adjourned at
