
RIVER ROAD
ESTATES
POA Meeting Minutes March 4, 2025
Members In Attendance:
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Board Members Present: Sean Kosar, President; Jason Thomas, Vice-President; Cari Gray, Treasurer; John Liehr, Architectural Committee Chair; Absent: Ashley Kosar, Secretary.
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Homeowners Present:
Barton Dial Kosar Messner Thomas York
Crain Dunnaway Liehr Reyes Trent
Davis Gray McClafferty Thebeau Worthy
Proceedings:
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Meeting Called to Order by: Sean Kosar, President, at 7:01 pm. Sean introduced Board Members and meeting attendees also introduced themselves.
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Meeting Minutes from March 5, 2024: Sean explained that unfortunately these minutes were accidentally deleted before they could be officially recorded. He verbally shared the topics that were covered last year.
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Motion to approve the minutes by: David Reyes, 2nd to motion by Jason Thomas: motion approved.
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Treasurer’s Report for 2/2024-1/2025: Cari Gray reviewed the financial reports she emailed.
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YE Financials: income = $13,315.12; expenses = $12,521.96: net gain = $793.16.
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YE Bank Balance: $30,470.70. Non-profits should have 2-3 years in reserves, and we’re close we’re meeting that.
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The proposed budget was also emailed; most items match 2024’s expenses or were reduced, with the exception of our liability insurance. Cari explained the drastic increases incurred (23% in 2024, 13% in 2023). And the policy was shopped with other carriers last year.
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There are currently 6 homeowners who have yet to pay their 2025 dues by today’s deadline.
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Motion to approve the financial reports by: Gail Thebeau, 2nd to motion by Brandon Messner: motion approved.
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Welcome Committee Report: The committee fizzled out, so we cut the budget and are sending welcome emails and/or greeting cards to new neighbors. Homes recently sold with new owners:
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3035 Nottingham: Hyeong-Geng Kim and Keonok Park
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3002 Cantebury: Tanya Degner
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Old Business: Sean indicated that the sidewalk repairs are completed, and all lights are working. We now have 2 fiber internet carriers for those who are interested. Our flags/banners are extremely faded (see new business item). And, as a reminder, repairs/replacement of any fence bordering the subdivision is the property owner’s responsibility.
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New Business:
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Activity Committee (no members present): Sean indicated that they are planning the annual Easter egg hunt on April 19. More details to follow. Some discussion was held about having something for the summer, perhaps a BBQ. This idea will be shared with the committee to pursue further.
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New Flags/Banners: A discussion was had about replacing the existing ones. Bill York has 8 left but we need 13. This is not a budgeted item, but we could dip into our reserves if needed, since this is not a frequent recurring expense. Sean volunteered to get pricing and share with the board.
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Election of 2025 Board Members and Officers: After a discussion regarding each position, the following individuals were elected for this current year:
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Jason Thomas, President; Brandon Messner, Vice-President, and Gail Thebeau, Secretary. John Liehr will remain as Board Member and Architectural Committee Chair and Cari Gray will remain as Treasurer.
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Motion to approve by: John Liehr, 2nd to motion by David Reyes: motion approved.
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Dues Increase: Sean and Cari explained that since our annual expenses are creeping close to our annual income (only $142 projected gain for this year), we should consider a dues increase. The main reason is the liability insurance discussed previously. There has never been a dues increase since our Property Owner’s Assn was chartered over 20 years ago. A $10 increase was voted on at this meeting; however, the Board will make the final decision and dollar amount later this year and get it communicated with plenty of notice for 2026.
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$250 Dues Reimbursement Drawing: The lucky winner was John Liehr.
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Adjournment:
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Meeting Adjourned by: Sean Kosar, President, at 7:28 pm.
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Motion to adjourn by: Gail Thebeau, 2nd to motion by Cari Gray: motion approved.
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In the Absence of Secretary, Ashley Kosar,
Minutes submitted by Vice President: Jason Thomas
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Jason Thomas