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2018 Annual Report

Balance Sheet 12-31-17

General P&L 12-31-17

Water P&L 12-31-17

Aged Receivables 12-31-17

2017 Reserve Recap

HRPOA Insurance Coverage

2017 Annual Meeting Minutes

HURRICANE RIDGE PROPERTY OWNERS ASSOCIATION, Inc.

547 Ridgetop Circle

Clyde, North Carolina   28721

hrpoa.bod@gmail.com


February 5, 2018


Dear Members,


Our By-Laws require that an Annual Report be issued to the members prior to April 1st each year.


1)  Water System:    Our water system is in good working order.  No major changes or improvements are planned for this year.

 2) Roads:   Our road system is gradually recovering from what has been a difficult winter to date. This coming spring we will be testing a new resurfacing technique using a finer grade of aggregate on approximately one-half mile of our roads.  If this method does help we plan on extending this throughout our road system over the next few years.  Additional details can be found in the minutes of the 2017 Annual Meeting.

As always the quality of our roads is a function of the weather, proper maintenance,  use of 4 WD vehicles and strict observance of the 15 MPH speed limits.  Pay particular attention to driving on the OUTSIDE (high side) of all switchbacks. This may seem counter intuitive but it is essential to preserving our roads and keeping maintenance costs down.  Please keep this in mind as you, your families and friends enjoy our mountain.

3) Finance:   Our financial statements for the year ending 12/31/2017 and the status of our Reserves can be found in the annual report documents attached and on the Hurricane Ridge website. In compliance with our bylaws, an independent Audit must be conducted annually. The report will be sent to the membership upon its completion.

We also would like to urge those of you who do not have an automatic gate opener to contact Bill Sanislow at 828-400-1621 and purchase one for $35. The “clicker” will save time and avoid you having to keep up with the more frequent gate code changes.

2018 Annual Report documentation is attached and can also be found at

http://hurricaneridgenews.org/2018annualreport.html


If you would like a hard copy of any documentation please notify the Board at mailto:hrpoa.bod@gmail.com


Thank you

Don Ostrowski

President

HRPOA






  









2018 Budget Summary