Minutes of the September 5, 2018 Meeting of the OTIA
Board members present: Dan Griffin, Jim Loring, William Yarbrough, Tracy Kleinschmidt, Colleen Hodges, Alfonso Contreras, and Ramona Triebold.
Members at large present: Katie Eamon, Amanda Welle, Rich Rieck, and Elaine Hohs.
The meeting was called to order by Vice President Tracy Kleinschmidt at 7:04pm.
Minutes- The minutes were read by Colleen Hodges. Two minor corrections were made and Dan Griffin made a motion accept the minutes as amended. Jim Loring seconded and the motion passed.
Treasurer’s Report- As of July 21, 2018,William Yarbrough reports there is currently $46,089.37 in all accounts with $26,286.62 in accounts receivable, bringing our total assets to $76,375.99. He also shared that we are charging the standard 9% interest on overdue accounts. At the time of reporting, we are pursuing a breach of contract with one resident and a home we were having monitored for foreclosure did not foreclose, therefore we lost the monitoring fee of approximately $250.
William gave us a summary of our reserve accounts:
- Budget reserved$10,530.00
- Boat ramp $7,811.05 (plus $25 not deposited)
- Pier payback -388.35
- Water Shed Grant $1,021.20
- Sea wall $5,908.20
- General reserve $1,100.13
Ramona Triebold made a motion to accept the treasurer’s report. Dan seconded and the motion passed.
Budget-William has set up a preliminary budget. Tracy will look over and send out to the Board for input. The Board will look over the list of projects and the funds needed and get back to William with recommendations by Sunday, September 9th.
Lake Issues-Tracy reported that the rain gardens were recently reviewed by Tori Trauscht and she feels they are in good shape. The rain garden at the end of Hickory will be burned and new seeds will be spread at the start of the year. The lake still has minimal plant life. The recent heavy rains have caused turbidity in the lake blocking sunlight. There will be a meeting of the Diamond Lake Preservation Alliance in the next few weeks. A representative from Clark Aquatics will be present to discuss the treatment of the lake. Tracy noted that Butler Lake in Libertyville had a widespread fish kill after treatment. Clark will address this concern, also. Also, Tori will report on the lake management manual she has been working on as it is near completion. There will also be representatives from Lake County on hand to answer questions. Tracy will send out a notice when the date has been confirmed.
Parks-Dan Griffin reported that the benches had been painted and repaired. Bill Grinnell of Fremont Township had the holes bored at the corner of Elmwood, Lakeview, and Hickory and the message board was installed. Thanks to residents Radu Roman and Trev Homsey for their help with the installation.
Restoration Areas-Jim Loring reported that he had checked on Lakeview Park and it is looking good. At Hansen Park, the cattails, an invasive, are dying off thanks to the treatment by ILM. There has been a lot of sediment flowing into the the wetlands at Hansen Park from the new home construction on Elmwood and Willow. The county has been called to make sure measures are taken to stop this situation as it is not healthy for the wetlands. Jim also shared that he and Greg Denny had installed a small picket fence at the edge of the beach at Lakeview Park to protect the bank from collapse. He is currently looking for options and estimates for installing rip rap rock for the shoreline at Lakeview.
Communications-The message boards are up and filled with information. Tracy is going to look into taking over our website management. Katie Eamon will be publishing The Acorn again after a several year absence. She has sent out an initial issue and will follow up with issues each month. They will be distributed in paper copy. Also, a copy will be posted on the message boards. She will be looking for input.
Summerfest-Colleen Hodges reported that the event came in under budget and was success. Thanks to all who helped on the day of the event.
There being no further business before the Board, Ramona Triebold made a motion to adjourn. Alfonso Contreras seconded and the motion passed. The meeting adjourned at 7:59pm.
Respectfully submitted by Colleen Hodges-OTIA Secretary
