2008 Annual Membership Meeting Budget Voting Results
Operations and Maintenance Budget
The Operations and Maintenance Budget is the portion of our dues that maintains our assets and common areas, as well as the operating costs, such as employee wages, insurance, governmental fees, and taxes.
Approved 125 Yes
4 No
Capital Expense Budget
Capital Expense Items are major expenses that are presented on an individual basis. The 4 that were voted on are listed below with their results.
1. $10,000 for balance remaining on Bridge Feasibility Study tasks
Last year, the membership requested this feasibility study to be conducted. This is the estimate of the remaining balance provided for that service by Art Anderson Associates and Geo Engineering.
Approved 111 Yes
12 No
2. $500,000 for bridge repair project
As stated at the annual meeting, a new bridge inspection is about to be performed in which we will have a clearer picture as to the urgency of required repairs. If there are any repairs REQUIRED within the next 12 months, this approved budget will allow the Board to take immediate action.
Approved 83.5 Yes
40.5 No
3. $40,000 to replace the float at the dock facility:
The float portion of our dock facility is in need of replacement. The estimate of $40,000 is based on one proposal received. The Dock commissioner will be obtaining additional estimates and presenting them to the Board. The other option the Board will look at is to obtain a float design and build it ourselves by volunteers. Several issues were discussed at the Annual meeting that would need to be addressed if we built it ourselves, such as: liability, where to build, etc.
Approved 93.5 Yes
31.5 No
4. $25,000 to replace the gangway at the dock facility:
The gangway portion of our dock facility, at low mean tide, is steep. The estimate of $25,000 is, again, based on one proposal received. The Dock commissioner will be obtaining additional estimates for this item also. The estimate we do have will remove 2 creosote pilings from the water, reduce the length of the stationary pier and increase the length of the gangway which will reduce the gangway angle.
Approved 74 Yes
51 No
(Note: Everyone did not vote on every item, therefore, the total number of votes vary.)