WIPOA NEWSLETTER
Spring 2011
Greetings from San Salvador.
The annual meeting of WIPOA members was held on
Feb. 9, 2011, at the Paradis restaurant on San Salvador. The minutes of the annual meeting are available
on WIPOA’s website (wipoa.org) There were 30 property owners in attendance. The
financial results for 2010 were presented. (see below) As indicated in the Dec.
2010 newsletter, the income for 2010 was low, due to the fact that the dues
were not billed in 2010. They will be billed in conjunction with the 2011 dues.
Of special note, was the recognition to Jo Ecklund for her
many years of service on the board of directors and her substantial
contributions as sec/treas. The board has reluctantly accepted her resignation
as sec/treas which she had submitted 2 yrs ago. Jo will fortunately stay on the
board.
The board of directors and officers for 2011 were elected by
the members and are as follows:
Mike Weber,
Pres Brenda Lee
Jones-Strachen
Jenni
Barnes, Treas Stefan
Bommerer
Tim Smith,
Sec Raymond
Parino
Jo Ecklund Bill
Bickle
Jenni is retiring from her position with Chevron Oil, and is
in the process of moving to the island and living there year round. Tim Smith,
is in the process of building a vacation home on the island and currently visits
the island frequently. Tim is also responsible for maintaining WIPOA’s web
page. (www.wipoa.org).
The
board announced that the legal presentation for the association has now changed
to Gail Lockhart-Charles. She and her firm have significant experience in
representing home owner/property owner associations. The firm is also available
to assist any of you with property issues including, buying, selling, estates,
etc. Our specific lawyer contact at the firm is Lori Nelson. The contact
information is; Lori
C. Nelson Registered Associate Gail
Lockhart-Charles & Co., Caves Village, Building #7 West Bay Street, P.O. Box SP60063, Nassau, Bahamas, Telephone:242.327.1391,
Fax: 242.327.1392, Email: lori@lockhartcharles.com
Currently the Bahamian telephone company, BATELCO, is in the
process of erecting a cell phone tower for the southern portion of the island
which will obviously be a big benefit for everyone within Columbus Landings
development.
One of the struggles that WIPOA has had over the years is being
informed as to property transactions in Columbus Landings, so that we can keep
out data base accurate. While records from the early years, 70’s and 80’s are
haphazard at best, all property transaction from 1992 forward are now available
to WIPOA online. This new service will greatly enhance our ability to be
current.
There is a new gas station that recently opened in United
Estates, and another one is being built near the Riding Rock Inn that will
replace their current pump.
And lastly, there are renewed rumors that those searching
for “treasure” on the island will be returning before summer. We’ll keep you
posted.
Thank you for continued support.
Mike Weber
Contact information:
Mike Weber: mjjlweber@aol.com
(note: the 3rd letter is an L)
Jenni Barnes: spscuba@gmail.com
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WIPOA: SUMMARY 2010 |
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SUMMARY OF LIABILITIES AND |
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SUMMARY
OF EXPENSES: |
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EQUITY |
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TOTAL
LIABILITIES AND EQUITY; |
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ANNUAL GOV'T REGISTRATION |
$
5,000.00 |
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BEGINNING
BALANCE, JAN 1 |
$
44,963.04 |
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ANNUAL MEETING |
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$ - |
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EXPENSE: |
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BANK FEES
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$
45.00 |
(2) |
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Checks
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$
24,731.20 |
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BUILDING PLAN REVIEW |
$ - |
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Bank
Charges |
$
12.02 |
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DATA BASE MAINTENANCE |
$
960.00 |
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Cash
Pymnts |
$ - |
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DONATIONS
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$ - |
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TOTAL
EXPENSE: |
$
24,743.22 |
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GARBAGE |
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$
1,625.00 |
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INCOME: |
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LEGAL
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$
3,050.20 |
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Dues
Inc. |
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$
3,092.50 |
(1) |
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MAINTENANCE(Grotto, shed) |
$ - |
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Interest
Inc. |
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MISC. |
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$ - |
(2) |
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Wachovia |
$
28.60 |
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NEWSLETTER/BILLINGS |
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$ - |
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Bahamas PO |
$
300.00 |
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POSTAGE/PRINTINGSUPPIES |
$ - |
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Bahamas Bank |
$ - |
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ROAD WORK |
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$
13,715.00 |
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TOTAL
INCOME: |
$
3,421.10 |
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ROADSIDE MOWING |
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$ - |
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TRAVEL |
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$
336.00 |
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NET
INCOME: |
$(21,322.12) |
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WEBSITE
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$ - |
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ENDING
BALANCE: DEC 31 |
$
23,640.92 |
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TOTAL: |
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$
24,731.20 |
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ASSETS:
DEC.31: |
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Checking |
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$
16,910.83 |
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(1)
Dues were not billed in 2010, but will be billed |
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Cash |
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$
84.26 |
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in conjunction with the 2011 dues in 2nd
qtr 2011 |
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Bahamas
P.O. |
$
6,600.00 |
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(2)
These payments are for the years 2006-2010 |
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Bahamas
Savings |
$
45.83 |
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__________ |
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TOTAL: |
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$
23,640.92 |
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