Cedar Springs HOA Special Board Meeting
February 16, 2024 2 PM
Windermere Real Estate Office & Zoom
● Meeting called to order at 2:05
● Attending
○ Board Members: Paul Stannert, Art Shotwell, Cele Westlake, Suzanne Metcalfe
○ Zoom: Mary Guard
○ Staff: Donna Cunningham
○ Homeowners: Kippy Stranberg, Joe Terrell
● Insurance cost discussion
○ Heather Ladd from State Farm presented a quote, suggested the option of insuring each building separately, answered questions about individual insurance coordinating with HOA insurance, loss assessment coverage, and options. Suggested keeping earthquake insurance with our current company, Farmers.
○ We discussed various deductible options and consequences, amount of coverage homeowners be required to have, insuring entire complex versus each building.
○ Art made a motion to continue HOA insurance at $2,500 deductible and schedule a special meeting with owners to discuss insurance. Cele seconded. Motion passed.
○ Cele moved to send a letter calling for a special HOA membership meeting to discuss insurance and possibility of raising dues. Mary seconded. Motion passed.
■ The board will look at options and present its recommendation.
■ Let homeowners know of their responsibility regarding individual insurance coverage.
■ Plan to have an insurance agent present to answer questions.
● Special HOA meeting scheduled for March 16, 2024
● Cele discussed damage done by Ziply. Ziply will pay for the damage from the installation. Water lines need to be cleared out. Suggested that we have Herberth do this.
● Brief discussion about mulching and landscaping.
● Meeting adjourned 3:57
Respectfully submitted,
Suzanne Metcalfe, Cedar Spring HOA Secretary
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