Board of Directors Meeting

Financials and Accounting

• •Spending still under overall budget; some items moved between categories to accommodate unplanned expenses.
• •7 member fees remain outstanding for 2024 — Carl to send another reminder. Profit & Loss and budget sheet still a work in progress.

Correspondence & Membership Maintenance

• •No new issues — Kelly has been away.

Common Areas Development

• •Status of Strata agreements — both have now been signed.
• •Additional expenses for installing water services in both 771 large green spaces — Board unanimously and retroactively approved roughly $1,700 while other work was underway.
• •A $500 deposit was paid to BC Hydro; a project manager has been assigned and will advise when the balance is required.

Snow Removal Update

Rick

• •Contract signed by Reg. Contractor advised some sanding is required for insurance purposes. Plowed twice, with two issues: complaints about a windrow across a driveway entrance, and requests to clear gravel side roads in 771.
• •Ray should not be dealing with complaints directly — action: Rick to revise and resend the plowing notice with info@kvca.ca as the contact for enquiries/complaints.
• •Rene cleared around hydrants and fire equipment, charged $135. Bruce noted a request from Brian Bell (771 Strata Manager) to also clear 8 side gravel roads per agreement — action: Bruce to reply and discuss.

Fire & Safety Update

Bruce

• •Confirmed with Shelley that no additional non-critical F&S expenses should be incurred this year — acknowledged.

Future Strata and KVCA Board Cooperation

Bruce

• •Discussion on improving coordination between the Stratas and KVCA. Agreement that all Boards coordinating on activities and budgets would benefit the community — further discussion at future meetings.