(Dec. 15, 2016) The Ocean Pines Association Board of Directors discussed the following items during its Dec. 9 public meeting in the community center:
Treasurer’s report
According to the monthly treasurer’s report presented by Director Pat Supik, Ocean Pines finished the four-month period ending on Oct. 31 with a $3.698 million net, with $9.649 million in operating revenue against $5.951 million in expenses.
Reserves ended that period with a $7.764 million balance. She added that 97.1 percent of assessments had been collected as of that date.
GM report
Hill said financials at the yacht club had been positive during the last several months and that November revenues, in particular, were twice what were budgeted.
Reporting on ongoing projects, he said the new roof installation for the country club was about halfway done and that the new bathrooms at Whitehorse Park should be wrapped up next week.
Installation of playground equipment at Huntington Park was nearly done. The sports fields there, while graded and ready for grass, will have to wait for permanent coverings until the spring, Hill said, because of the cold weather.
Change order
The directors voted unanimously to budget $44,000 as part of a change order related to bridge repairs.
Deputy Public Works Director John Ross said water and sewer lines would have to be run above ground. Funding from the county to bury those lines was apparently available in the past, but delays in starting bridge repairs blamed on a previous administration in Ocean Pines caused the county to allocate that money elsewhere.
The association could have put off the work and waited to see if new funding became available through the county, although Ross said that might not have happened until May or June of next year.
Hill speculated that could have take even longer – perhaps upwards of a year.
Closed meeting
Following the open portion, the directors adjourned to a closed session to discuss separate negotiations related to the fire company and Ocean Pines’ contract with golf management company Landscapes Unlimited.
According to a statement emailed by Hill on Monday, “No votes for any matter were taken in the closed session. The directors strictly provided guidance for negotiations with the Ocean Pines Volunteer Fire Company and Landscapes Unlimited related to the upcoming budget.”
Treasurer’s report
According to the monthly treasurer’s report presented by Director Pat Supik, Ocean Pines finished the four-month period ending on Oct. 31 with a $3.698 million net, with $9.649 million in operating revenue against $5.951 million in expenses.
Reserves ended that period with a $7.764 million balance. She added that 97.1 percent of assessments had been collected as of that date.
GM report
Hill said financials at the yacht club had been positive during the last several months and that November revenues, in particular, were twice what were budgeted.
Reporting on ongoing projects, he said the new roof installation for the country club was about halfway done and that the new bathrooms at Whitehorse Park should be wrapped up next week.
Installation of playground equipment at Huntington Park was nearly done. The sports fields there, while graded and ready for grass, will have to wait for permanent coverings until the spring, Hill said, because of the cold weather.
Change order
The directors voted unanimously to budget $44,000 as part of a change order related to bridge repairs.
Deputy Public Works Director John Ross said water and sewer lines would have to be run above ground. Funding from the county to bury those lines was apparently available in the past, but delays in starting bridge repairs blamed on a previous administration in Ocean Pines caused the county to allocate that money elsewhere.
The association could have put off the work and waited to see if new funding became available through the county, although Ross said that might not have happened until May or June of next year.
Hill speculated that could have take even longer – perhaps upwards of a year.
Closed meeting
Following the open portion, the directors adjourned to a closed session to discuss separate negotiations related to the fire company and Ocean Pines’ contract with golf management company Landscapes Unlimited.
According to a statement emailed by Hill on Monday, “No votes for any matter were taken in the closed session. The directors strictly provided guidance for negotiations with the Ocean Pines Volunteer Fire Company and Landscapes Unlimited related to the upcoming budget.”