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Tuesday, May 4, 2010

POA Board State of the Village

The POA board held its annual meeting yesterday and took the opportunity to make a state of the Village address and to recognize several people making a difference in the Village over the past year.
According to POA general manager Dave Johnston, "perhaps the most significant accomplishment was the approval last fall by the membership of a $4 per month increase in the assessment rate which took effect on January 1. This approval is anticipated to provide $1.5 million in badly needed revenue that will help keep our roads and infrastructure in good condition. It also will help increase our ability to advertise and promote the Village as a place to visit or even move to."
He also stated, "another significant achievement during the past year was the sale of $9.5 million in sewer revenue bonds. $3.5 million represented the re-financing of debt incurred in 2004 which will save $512,000 in interest costs over the remaining life of the 2004 bonds. $6 million of the bod issue represents new construction funding to support anticipated costs at the two wastewater treatment plants necessary to comply with anticipated new requirements under the provisions of National Pollution Discharge Elimination System, NPDES, permit renewals."
Johnston also touched on the geothermal issue, "two projects that many were critical of because of the capital costs seemed to continually escalate were the installation of two geo-thermal heating and air conditioning systems at the Coronado Fitness Center’s pool area and at the Balboa Club, respectively. The final economical costs actually came in within two-percent of the original project approvals. Energy savings are anticipated to be at least $40,000 per year."
The acquisition of several reserve properties in exchange for the liability of the initial paving of the remaining 30 miles of roadway in the Village was also touted.
The success of the first ever urban deer hunt was mentioned. There will be another hunt this fall.
Lot sales of the foreclosed lots from NRPI was touched on and the plans to market the lots with local Realtors.
Johnston ended his state of the Village speech by touching on the success of the 40th anniversary celebration and looking forward to the strategic plan looking ten years into the future of the Village.
Two POA employees were honored for their fast thinking and rapid response to a drowning Bill Gibbons at the natatorium on May 26, 2009. Liz Carroll and Deb Johnston were honored for saving Gibbons.
Eight POA employees were honored for the extra time they put in this year beyond their 40 hour work week to make the 40th anniversary celebration a success. They were Linda Mayhood, Stacey Hoover, Mary Cotton, Doris Truitt, Jerry Hansen, Candi Stiles, Tiffany Glover and Stephanie Stone.
Several outstanding service awards were given to members of teams working to better the Village. The groups included the team championing the assessment increase, the ad hoc advertising and promotions committee, the coordinators of the employees benefit fund, the team improving the golf program, beautification efforts of Al Edmonton and the Village Men’s Garden Club, the food vendors, the strategic planning team and the members of the 40th anniversary committee with special recognition to John and Karen Tidquist.
A special President’s Award was given to Larry Ebner. Ebner has been a Village resident since 1990. In 20 years he has been appointed to the POA board twice and was elected to the board twice. He has served on many of the POA committees. He is currently the president of the Concerts Association. His background is business and finance.
Ebner said he was humbled to accept the award. Coming to the Village was the right choice, staying in the Village was the right fit. He said he had received more than he had given. Ebner thanked everyone for their support.
Outgoing board directors Paul Day and Teri Jackson were recognized for their service to the Village.
Mike Misch turned over his well-used gavel to Bill Linam. Linam presented Misch with a brand new gavel as a memento of his service as POA board president. Linam took the helm as the new POA board president.

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