3. 2008 Annual Meeting Agenda
Call to Order
Call to Order
Establish Quorum
2009 Budget Highlights
Speed Bump Overview
Vote
Board Candidates Overview
Nominations from the floor
Candidate introductions
Vote
Reserve Study Updates
Reserve Study Updates
5‐Year Strategic Plan Update
Community Accomplishments
Community Issues
Main
Sub
Home Values Update
Community Volunteers
Board Volunteers
Board Volunteers
Upcoming Events
Vote Results
Adjourn
Boulder Walk Lane, Spring 2008
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4. 2009 Budget Highlights
2009 Budget Highlights
Focused on what the real costs
of the community are
Reduced Landscaping fees,
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increased quality
Successfully met all of our
obligations for 2008
Current Budget is on target and
Current Budget is on target and
should remain so
Able to continue making strong
contributions to the reserve fund
Still very tight, no room for
errors
2009 will go up to $355 per
home
Due date is February 1, 2009
5. Speed Bump/Hump Study
p p/ p y
Vote to ask county to come
into community
No choice as to need
May come back and say no
May come back and say no
No choice as to the placement
Stop signs
On master community plan
Currently missing
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BW Dr. @BW Way
Speed Limit 25 MPH
Hidden Costs
Taxes up? $25.00 increase
Taxes up? $25 00 increase
County has changed their policy so
many times in past 12 months on
what cost are
Vote
6. Nominations for
Nominations for
2009 Board of Directors
Five posts open
three 1 year terms
three 1‐year terms
• Rick Rauch
two 2‐year terms • Stacey Mattison
Next year there will be
three posts open
three posts open • Tiffanie Nakia Towns
• Jennifer Cheers
• Mike Datelle
• Gerale Grinach
• Nominations from the floor
7. 20‐Year Reserve Funding
Study Highlights
Study Highlights
Based on our proposed
spending, reserve fund will
accommodate all of the changes
accommodate all of the changes
Learned what our obligations
will look like over the next 20
years
Reserve study is an estimate
that must be updated every two
years to stay on track
Cash flow study proves out
that years 2 and 3 will be the
hardest (2008 & 2009)
Reserves to be at $10,000
minimum as of 2010
minimum as of 2010
Our reserve fund is not there
to see how much can be added
8. 5‐Year Strategic Plan
5 Year Strategic Plan
Highlights
Objectives
To improve the quality of life
for all Boulder Walk residents
To improve the property
values of the Boulder Walk
Community
To invest in the community‐
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at‐large securing our place in
moving community affairs and
issues to resolution
To protect and conserve the
To protect and conserve the
natural resources within and
surrounding Boulder Walk to
retain the natural beauty of our
neighborhood.
To create a solid
path/direction for our
community to grow and prosper.
9. Community
Accomplishments
Developer Issues
Sidewalks
Curbs
Streets Paved
Drainage Issues
Detention Pond and BW Court
Drainage
ALRC Processes
52 requests
46 Approved
Additional Processes and Guidelines
Worked with
County to get lift station
beautification
Resolve Developer Issues
Georgia Power and AT&T
Watershed County Meeting
Neighborhood Watch
Website
Community Recordkeeping
Checks/balances
standards
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Cut costs
Landscaping
Insurance
10. Community
Accomplishments
Rewrote and established new
governing documents
Focused on protecting the community
and making it stronger
New Entrance Look and Feel
N E t L k dF l
New entrance monument
New landscaping and trees
New Landscaping
Completed the gathering garden
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The Nature walk is 95% complete
More Security Activities
Established Social Calendar
First Tri‐Neighborhood Event
Showcased the community to elected
officials
Eight Events/Eight Months
Eight Events/Eight Months
Easter Egg Hunt (March/April)
Community Improvement Day (April)
Community Yard Sale (May)
Family Safety Day (June)
Night Out (August)
Halloween Festivities (October)
Fall Festival/Cook off (November)
Fall Festival/Cook‐off (November)
Light Up Night (December)
Developed Communication plan
Retooled based on feedback
Over 700 emails responded to
Community Surveys
11. Community Issues
Community Issues
6 Main Issues
GA Power
Conduct and lack of compliance
SWAT
Still dangerous
Made headway, still no com.
Sewage
24 Direct line to the plant manager
If smell is issue, must call # immed.
Crime
Ongoing
McNair HS
Ongoing
Code enforcement
Ongoing
12. Community Issues 14 Sub Issues
Sun Valley Upper Key Road code
Eagle’s Run Apartments enforcement (the top beyond
City Crest
Cit C t Fayetteville to Moreland)
Fayetteville to Moreland)
McNair HS area cleanup and The DeKalb Co. easement along
keep up. BW on Bouldercrest
Lower and mid‐Key Road
y Key Road and Bouldercrest Rd.
dumping and trash issues speed enforcement
d f t
Bouldercrest vacancies and Unfinished/abandoned homes
dangerous trash on Bouldercrest
Gunfire on public property and
Gunfire on public property and Key Road Lighting
in a residential areas “Poachers” on city properties
The vacant properties across
from our entrance on Key Road
13. Entrance Monument
Entrance Monument
Proposal
Statement
Elegant
Classic
Baker Land Designs
8 firms w/ ideas
Footprint and Right‐of‐Way
Entrance restrictions
What we have to work with
Perceived and Realistic Value
Sets the standard for a $400k
community
14. E t
Entrance Update
U d t
Statement
Elegant
Classic
Baker Land Designs
Sets the standard for a $400k
community
Perceived and Realistic Value
New Plantings
Monument planting
14 new trees
New grasses
Sod Replacement
Planted corner beds
Left to be done
Additional Grasses to be planted to
complete tree beds
complete tree beds
15. Landscaping Update
Phase I completed
Intended to be complete in
2011
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Will be completed by Spring
of 09
Under budget
Smaller plants
Volunteer time
Donations
Elements
The Nature Walk
95% complete
The Gathering Garden
e Gat e g Ga de
95% complete
Native/Adaptive plantings
NWF Certification
Perceived and Realistic Value
Sets the standard for a $400k
community
16. Boulder Walk
Community Report
We don’t know.
Market is still too volatile to tell
what real numbers are
State of the area
Our community sold out at 100%,
Our community sold out at 100%
only second community in entire area
to do so
Bankruptcy rumors abound
6 homes have sold within the past
12 months
12 months
Currently five homes for resale in
entire community
4 foreclosures (that we know of) in
08
Current value growth for Boulder
Current value growth for Boulder
Walk is estimated at ‐10% for 2008
Based on known appraisals
Area sales
Community sales
Market value
Market value
Well above the predicted ‐26%
growth loss for entire metro area
17. 2008 Volunteers
Frank Barton
Joshua Maurice
J h M i
Sarah Berry
Anja Wolf
Thomas Wood
Randy Mell
David Chandler
John Hester
Bryant Koontz
John Joyce
Sharon Joyce
Sandra Braboy
Travis Groo
Keith Meadows
Sean Peppers
Valicia Gonzales
Tara Rauch
Tara Rauch
Tara Ladner
Stacey Mattison
Rhonda Mclaren
18. 2008 Volunteers
Lee Spurgin
David Smith
D id S ith
Sierra Bazemore
Tiffanie Nakia Towns
Stacey Chandler
Robin Reiger
Joel Reiger
Jamie Datelle
Mike Datelle
Don Bostic
Rochelle Turner
Joey Detenber
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Jorge Brooks
Jenna Kaba
And more
(
(I know I missed people here, please
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forgive me!)
20. Upcoming Events
October 31
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Halloween Trick‐or‐
Treating and House
Decorating Contest
i C
November 15
(Tentative)
Fall Festival and Chili
Cook‐off
December 13
(Tentative)
Boulder Walk Light Up
B ld W lk Li ht U
Night
