Highland Park

Homeowners’ Association

Newsletter – March 2006

Volume 4, Issue 1

Board of Managers Mission Statement:

To ensure that Highland Park homeowners’ value and living experience are maximized through cost-effective management and maintenance of “common areas” and the administration and enforcement of the Code of Regulations and Deed Restrictions.

Carlyle Management Co. 28001 Chagrin Blvd. Suite 302 Cleveland, OH 44122 Phone: (216) 464-7465 Clubhouse Rental – Extension 231 or email Heather Johnson: hjohnson@carlylemanagement.com Property Management – Edward Fratus, Extension 228

Upcoming Events Highland Park Homeowners’ Association Annual General Meeting Tuesday, March 28, 2006 7:00 PM Avon Public Library 37485 Harvest Drive

Board of Managers Dave Celznick, President 934-6174 Bob Richenburg, Vice Pres. 934-2990 Sean Flaherty, Treasurer 934-3492 Pete Just, Secretary 934-2330 Leslie Bemis, Trustee 934-3318 Website: www.highlandparkassoc.com

Letter From The President

By Dave Celznick

I would like to take this opportunity to thank the Board of Managers for another excellent year of service. I enjoyed working with all of you to make decisions that were in the best interest of Highland Park.

Sean Flaherty and Pete Just and I are at the end of our two (2) year term. The entire board has worked as a team to strengthen our financial condition while improving the infrastructure and contractor service quality levels. We were very successful with our Landscape contract process for the 2005/2006-budget year and are in process of applying the same techniques to secure a “best fit” aquatic facility (pool) contract for 2006/2007 season.

Thank you to those homeowners that have expressed concern over the cost of mail box post replacement. As you might be aware, by Deed restriction all mailbox posts are required to look the same. Looking into a less expensive, longer lasting mailbox post continues to be a priority for the Board. The current cost to replace your post and mailbox is about $300 plus labor. Proper care of your mailbox and post is in the best interest of our community. The aesthetics and overall look of the community can either add or detract from the value of all the homes in Highland Park.

Finally, I’d like to thank my family for dealing with the phone calls, inspection tours and board meetings. Without your support, taking care of association matters and business needs would have been very difficult.

Financial Update

By Sean Flaherty

I am pleased to report that the 2005 financial results are excellent. I have data through the end of the calendar year and, for the most part, we finished well within budget parameters. We exceeded our plans for year-to-date income. This can be attributed to an increase in the number of completed homes in the new section of the development, interest income and newsletter advertising revenue. Unfortunately, we did not reach our 100% assessment dues collection goal for the year, but we were very close. The Board of Managers has taken the proper actions to secure all delinquent homeowners assessment fees (property liens, etc.).

As a reminder, 2006 assessment fees are due by April 1, 2006.

There are a few budget areas where we incurred some increased expenses;

• Administrative – Postage fees from the various mailings to homeowners (Code Revision and Pool Heater information/ballots)
• Maint. & Repair – The pool heater and filter hit this expense category as a Non-Budgeted expense item.
• Utility – Our Gas and Electric bills exceeded the budget and can be attributed to the installation of the pool heater but the figures are well below our estimated totals thanks in part to the warm weather during the summer pool season. 2006 budget items have been properly adjusted for increased consumption and the dramatic increase in fuel costs.

The $23k surplus that you see will be used to cover the Jan-March 2006 expenses (Assessments are not due until April 1^st). There were some landscaping repairs from the very heavy rains last summer that had to be put off until 2006. We will also be adding funds to the Contingency Reserve Fund leaving a small amount in savings.

I am please that we have finished the year with a balanced budget and are able to maintain and add to the contingency reserve fund.

More financial details will be available at the 2006 Annual Association Meeting.

Our financial summary through the month of December ’05 is as follows:

Operating Fund - Summary		Dec 2005
		Annual Budget
Revenue		Actual	Budget	$ Variance	% to Budget	Over/Under
	Total Income	152,703.07	146,000.00	6,703.07	104.59%	4.59%
	TOTAL REVENUE	152,703.07	146,000.00	6,703.07	104.59%	4.59%
Expenses
	Administrative	7,859.99	6,250.00	-1,609.99	125.76%	25.76%
	Professional	11,452.00	12,825.00	1,373.00	89.29%	-10.71%
	Contracted Services	55,903.38	55,590.00	-313.38	100.56%	0.56%
	Maintenance & Repair	34,338.36	25,800.00	-8,538.36	133.09%	33.09%
	Utility	10,941.67	10,300.00	-641.67	106.23%	6.23%
	Other	9,122.86	9,800.00	677.14	93.09%	-6.91%
	TOTAL EXPENSE	129,618.26	120,565.00	-9,053.26	107.51%	7.51%
Current Revenue/Expense		23,084.81	25,435.00	-2,350.19

Proposed Amendments to Highland Park’s Code of Regulations

By Pete Just

Along with the notice of the Highland Park Annual Meeting (to be held on Tuesday, March 28^th, 7:00 PM at the Avon Public Library), you were mailed an overview of the three code amendments to be voted upon by Highland Park Residents.

In summary, the three proposed amendments are:

• AMENDMENT A: An occupancy restriction to prohibit any person registered as a “sexual predator”, “habitual sex offender” or similar categorization from residing or occupying a sublot for any length of time. (Cont. on Page 3)

• AMENDMENT B: “Cost of Collection” and “Cost of Enforcement” provisions to hold any homeowner in question liable for all costs associated with the collection of their specific past due account or other enforcement assessment(s) levied against them—including but not limited to reasonable attorney fees, recording costs, title reports, court costs, etc.

• AMENDMENT C: A change to allow more flexibility for scheduling the Highland Park Homeowners’ Association annual meeting. Currently the meeting is stated “to be held on the first Tuesday of March” each year; the amendment will seek to provide a change to schedule the annual meeting “within the first or second calendar quarters” (January through June) for any year.

Each amendment will necessitate a 75% approval of the voting power of the Association in order to be passed.

A ballot that included all three amendments on one page was also included with the materials mailed to you. Your ballot can be returned to the Board of Managers at the March 28^th annual meeting; it can be mailed to Carlyle Management, 28001 Chagrin Blvd., Cleveland, Ohio 44122; or it can be given to one of the current or incoming Board members. There is no deadline for returning your ballot; however, each amendment must meet the 75% approval criteria before it is written into the Code of Regulations.

Communications Committee Update

By Pete Just

Please be sure to visit the Highland Park website for information concerning the association and the City of Avon. The web address is: www.highlandparkassoc.com

Warm Welcome To Our New Neighbors

Please extend a warm welcome to the following families/individuals who have recently moved into our Highland Park community:

The Best Family Montrose Way	The Haji Family Wendell Street	The Martinez Family Montrose Way	The Roberts Family Wendell Street
The Davis Family Wendell Street	The Hamilton Family Wendell Street	The Meadows Family Wendell Street	The Schneider Family Wendell Street
The Emermine Family Wendell Street	The Hsu Family Wendell Street	The Nercessian Family Wendell Street	The Shim Family Wendell Street
The Grant Family Wendell Street	The Lamb Family Astoria Way	The OffenbacherFamily Haverford Place	The Suhay Family Wendell Street
The Haessig Family Glendenning Street	The Malinowski Family Wendell Street	The Ramey Family Truxton Place

Newsletter Advertising

By Pete Just

Thank you to the many residents who have used the newsletter to advertise your business. We hope it has proven valuable to your organization.

If you have a business you’d like others to know about (or if you have been satisfied with work completed by a local company and think they could be a good resource for other residents), why not advertise in the Highland Park Newsletter? The cost to advertise for residents is $25/quarter or $85/year (four newsletter issues are distributed each year) or for non-residents is $40/quarter or $150/year for a business card size advertisment. Please see this issue’s advertisements on the last two pages and support these local businesses whenever possible.

If you are interested in advertising your business, please complete the advertising insert form and return it to Pete Just at 4072 Truxton Place, or e-mail your company info to pjust@shamrockcompanies.net. If you have a company logo which you’d like included, please ensure that you include it in the e-mail you send. Checks should be made payable to Highland Park Homeowners’ Association.

CLASSIFIED ADVERTISING SECTION IS AVAILABLE

If you are interested in placing a classified ad for items for sale—most commonly motor or marine vehicles, furniture, household items, etc.—or if you would like to publicize an upcoming garage sale or similar market event, we will entertain such ads on a first come-first served basis if space allows. Your classified ad will be limited to a business card size and the copy will be typeset in 10 pt. Arial font. The cost will be $10 for residents or $15 for non-residents per item per quarterly issue of the newsletter.

Please use the Advertising Insert form located at the bottom of this page.

THE NEXT ISSUE OF THE HIGHLAND PARK NEWSLETTER WILL BE PUBLISHED IN JUNE.

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Newsletter Advertising Form

Please check one of the following:

HP Resident:: □ □ Quarterly Business/Service Advertising (resident $25 / non-resident $40)

Non-Resident: □ □ Annual Business/Service Advertising (resident $85 / non-resident $150)

□ Quarterly “For Sale” Classified Advertising (resident $10 / non-resident $15)

Company Information:

Company Name:

Contact Name:

Address:

City, State, Zip:

Business Description:

Additional Information:

Please enclose a check payable to Highland Park Homeowners’ Association for the appropriate amount.

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