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HomeMy WebLinkAbout2019-04-16 Horizons Business Park Assoication Minutes MINUTES Horizons Business Park Association Board of Directors' Meeting Riverside City Hall 2950 NW Vivion Road Riverside, MO 64150 Tuesday, April 16, 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 4:04pm. Those in attendance were President Staci Bundy, 1" Vice President Sal LoPorto and Treasurer Aaron Thatcher. Secretary Brent Miles joined by telephone. Also present were City Administrator Brian Koral, Capital Projects& Parks Manager Noel Challis and Administrative Support Rebecca Noble. MINUTES No minutes were provided for the December 3, 2018 meeting. Aaron Thatcher moved to table approving the minutes. Sal LoPorto second. Yes: Bundy, LoPorto, Miles,Thatcher Motion carried 4-0. LANDSCAPE MAINTENANCE The board reviewed the bids from Signature Landscape, LLC and White Lawn and Landscape, LLC. Noel pointed out that the bids were before Horizons Business Park Association received their tax exempt status. The bids included tax. White Lawn and Landscape's bid included the tax in the final price whereas Signature Lawn and Landscape had the tax separated. Staci asked about White Lawn and Landscape's reputation and Brent indicated they have had no problems with them. Aaron Thatcher moved to accept the bid from White Lawn and Landscape if they will remove the sales tax. Sal LoPorto Second. Yes:Thatcher, LoPorto, Bundy, Miles Motion carrier 4-0. FUTURE LANDSCAPE NEEDS The board discussed spending on landscaping needs. Aaron suggested keeping expenses as low as possible. Sal and Brent indicated that they would like to spend all available funds. No one is complaining of the maintenance issues and it appears that people feel like they are getting their money's worth. At this time no future landscape needs are apparent. INSURANCE Staci explained that the insurance was dropped because the insurance company had the business park rated wrong. The insurance company had rated the business park as an HOA. The board reviewed the two quotes provided by Lockton. The business park does not hold land, does not perform work and has no employees. The obelisk is currently covered by the City's Insurance.The board would like to get additional quotes. Staci asked if The City could carry insurance on the common ground and the business park reimburse The City? Staci and Brent will devote attention to the insurance issue. Aaron Thatcher moved to table the insurance. Second: Sal LoPorto Yes: Thatcher, LoPorto, Bundy, Miles Motion carried 4-0 FENCE SCREENING Noel showed a picture of the current mesh screen on the fence. Brent thinks the original mesh was around 2007 and it may have been replaced once. Rebecca explained the bids from Mac's Fence, Inc. and Van's Fence, LLC. Brent indicated that it would be better to spend the additional money and get the vinyl slats. Aaron Thatcher moved to accept the bid from Mac's Fence for vinyl slats. Second:Sal LoPorto Yes: Thatcher, LoPorto, Bundy, Miles Motion carried 4-0 BUDGET&ASSESSMENTS Brian provided a budget for 2019.The Board discussed 2019 assessments. Aaron asked if there was a requirement of when the business park needs to notify the businesses of assessments. Brent indicated that property management is asking when they will be charging them for the assessments. The businesses perspective budgets include the amounts for the assessments. The business park needs to be sensitive to business owners and keep the assessments the same for one more year.The business park also needs another year of operations to be sure of the yearly expenses. The assessment is on the property not the buildings. Rebecca will prepare the assessments. Brent Miles moved to invoice assessments for 1 cent per square foot Second:Aaron Thatcher Yes: Miles, Thatcher, Bundy, LoPorto Motion Carried 4-0 OBELISK Noel showed pictures of the obelisk which appeared to be rusting and have places where water may be pooling and draining causing damage. Brent suggested having NSPJ, Gunter and North Point look at the obelisk together. Noel will arrange this meeting. TAXES Rebecca discussed having Bruce Culley prepare the taxes for the business park. Since the business park is tax exempt the taxes are due May 15tH ANNUAL REGISTRATION The annual registration looks to be an easy form to complete. More research will be done before the next meeting to see if this is something that can be completed in house. SIGNS There is interest in researching "stay out of the water signs". The majority of the signs will be around the Taylor Memorial area. NEXT MEETING The next meeting is set for May 21"at 4:00 ATTORNEY Brian asked if the board would like attorney Joe Bednar to continue to represent the business park association. There was discussion of how often the business park will need an attorney now that the tax situation is rectified. It was suggested to have an attorney on an as needed basis. Aaron indicated that the attorney used for the Community Improvement District has been working out well. Brian will get the numbers on the CID attorney. Aaron Thatcher moved to adjourn the meeting at 4:53 Second: Sal LoPorto Yes: Thatcher, Lo Porto, Bundy, Miles Motion Carried 4-0