PINE RIVER RANCHES LANDOWNERS ASSOCIATION, INC.
BUDGET MEETING- SEPTEMBER 18, 2021 – 10:00 A.M.
HOLLOWAY RESIDENCE 881 PINE RIVER RANCH CIRCLE, BAYFIELD, CO 81122
The meeting was called to order at 10:15 by President, Chip Burkett. Board members present were: Chip Burkett, Florian Walchak, Dan Holloway and Jeanie Widner.
The budget had been presented in advance to all members of the PRRLA and Chip asked if there were any questions, comments or objections. There were none, so the budget is adopted for the 2022 year.
BRIDGE UPDATE AND BANK DOCUMENT VOTE
Treasurer, Florian Walchak gave an update on the bridge project. Things are progressing and he now is anticipating it will be the fall of 2022 for installation of the new bridge. When the final cost is determined, there will be a special meeting called to approve the amount of the assessment for each lot. The billing will be handled in the same manner as the annual assessment is. Bills will be sent out, with payment due within 30 days. An additional 30 day grace period will be allowed before any collection action is taken.
The document for vote today is a required document from the Bank of Colorado to confirm that the landowners are in agreement with the board securing a Line-of-Credit loan, not to exceed $300,000.00 (our share of the total bridge replacement grant of $1.2 Million)
Chip stated that the ballot is merely legal paperwork required by the Bank lawyers.
Jim Clay moved for a voice vote to approve the measure, Mary Walker seconded. The approval was unanimous. Paper ballots were required from each lot owner. The final paper tally was 45 to approve – 1 to disapprove.
Dede Applegate said he would like to thank everyone who helped with all the roadside trimming and clean-up. Chip explain the situation with the culvert of Ludwig Drive and said the board is working on the proper fix for the damage. Rob McLaughlin asked that we hold off on any big expense in repairs to the road until after the bridge project is done, as there will certainly be some wear and tear on the road with all the equipment that will be on it. Jim Clay suggested that if the culvert is replaced, we put in a longer one to help with the drop-off edge.
Florian shared that he has submitted our expenses to FEMA through the PRFD for the studies that we needed to get the bridge project approved. We will be reimbursed 75% of the cost.
There was a lengthy discussion of the current cow problem from the adjoining neighbor. Various people shared the information and help they had been given from the sheriff’s office, the brand inspector, lawyers and other ranchers. Many of those present offered to share garden produce and firewood with their neighbors.
John Dustin moved to adjourn at 10:54. Bob McLaughlin seconded and the vote was unanimous.
These minutes were approved by a vote of ___________ on ____________________________
CHIP BURKETT, PRESIDENT DATE
JEANIE WIDNER, SECRETARY DATE