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HomeMy WebLinkAbout2019-05-21 Horizons Business Park Association Minutes MINUTES Horizons Business Park Association Board of Directors' Meeting Riverside City Hall 2950 NW Vivion Road Riverside, MO 64150 Tuesday, May 21, 2019 The Board of Directors for Horizons Business Park Association met in session in the Board of Aldermen Chambers at City Hall, 2950 NW Vivion Road, Riverside, Missouri 64150. Staci Bundy called the meeting to order at 4:05pm. Those in attendance were President Staci Bundy, 1s' Vice President Sal Lo Porto and Treasurer Aaron Thatcher. Also present were Capital Projects & Parks Manager Noel Challis and Administrative Support Rebecca Noble. MINUTES Aaron Thatcher moved to approve the April 16, 2019 meeting minutes. Sal Lo Porto second. Yes: Bundy, Lo Porto, Thatcher Motion carried 3-0. INSURANCE After the last meeting Staci went back to the drawing board to find insurance. She received a quote from Tapco Underwriters for a Property Management policy. The cost is $841.05 per year. Aaron asked if we could get this policy for three years. Staci will check with Tapco then the board can approve the quote through email. OTHER INSURANCE Currently there is not a quote for D&O insurance. There is an application out but we need to know the number of buildings, the businesses and the owners. Brent may have this information. Staci will follow up on the application and try to get more quotes. BUDGET Sal Lo Porto moved to approve the budget. Second: Aaron Thatcher Yes: Thatcher, LoPorto, Bundy Motion carried 3-0 ASSESSMENTS Rebecca reported that all assessments were received by the due date. OBELISK Noel reported that the obelisk is old enough that it will no longer be under warranty. Noel showed a picture again of the rust stains and chipping on the obelisk. You need to get close to see the wear but if we let it go it may be worse. Noel is going to reach out to the subcontractor f rst. TAXES Rebecca reported that the CPA Bruce Culley dropped off a copy of the Application for Automatic Extension of Time to File an Exempt Organization Return.The taxes are now due November 15, 2019. Bruce Cullley indicated that he did not need any additional information to complete the taxes. FENCE SCREENING Noel has been in contact with Craig Wibbenmeyer at Mac's Fence. Mac's Fence will not require that the Horizons Business Park put down the 50% prior to starting the work. Mac's Fence's bid did not indicate what will be done with the existing mesh fence. We hope that Mac's Fence will remove it but do not have clarification at this time. ANNUAL REGISTRATION Rebecca reported that she would set up an organization account with her city email on the Missouri Secretary of State website. The Secretary of State website is where the 2019 Annual Registration Report will need to be completed. SIGNS The April 16, 2019 meeting there was a suggestion to research "stay out of the water" signs Aaron Thatcher moved to table the signs Second: Sal LoPorto Yes:Thatcher, LoPorto, Bundy Motion Carried 3-0 ATTORNEY There is not much that requires an attorney. Aaron indicated that with the CID Board the attorney comes to an annual meeting when they have the election of the officers.The board would like to see an hourly rate for an attorney with Husch Blackwell. Rebecca will find out who the CID uses and how much is the contract. NEXT MEETING The next meeting will be in the fall. Everything will be done by email between now and the fall. ADJOURNMENT Aaron Thatcher moved to adjourn the meeting at 4:25 Second: Sal LoPorto Yes:Thatcher, LoPorto, Bundy Motion Carried 3-0