POND PLACE TAX DISTRICT VIRTUAL DIRECTORS’ MEETING - Sept 28, 2023
Christopher Rossetti, President
Mitch Uzwack, Vice President
Judith Larkin, Clerk
James Downey, Treasurer
Meeting called to order at 7:43 p.m.
Rossetti moved the minutes of August 24, 2023 be approved. The motion was seconded and
Downey reported that everything looks good and should go forward to years’ end.
Rossetti and Uzwack met with the engineer from Reserve Advisors. He was conducting our Capital Reserve Study on August 22nd, and a report should be issued soon.
The CD’s at TD Bank were redeemed and the funds were remitted to W&K, who will wire the funds to our Charles Schwab account. The funds will be invested in a Government insured Money Market Fund, which is currently earning over 5 %.
Rossetti recognized Brea Gilbert from Gilbert and Timmey Investments for her services rendered on behalf of Pond Place. Uzwack moved we authorize Rossetti to select an honorarium not to exceed $250. The motion was seconded and passed.
Formerly ordered maintenance projects are underway or completed. Rossetti would like to add scraping and painting the metal rails on the culvert bridge. Rossetti then moved we build a retaining wall by Owl Court, in conjunction with building the bench. The motion was seconded and passed.
M&G landscapers planted our formerly purchased trees. Judy Larkin noted that the White Fir on Finch Run will need to be moved in the spring as it is too close to the existing dogwood trees.
Mitch reported he will spray the Poison ivy after October 9th.
Rossetti has negotiated with the Connecticut Water Company for our purchase of their property known as 150 Darling Drive, and may have reduced the price to $15,000. He has been in touch with the Farmington company that previously inspected the dam, and moved we hire them to inspect the culvert bridge ASAP. The motion was seconded and passed.
The tennis court was not striped as desired, and Hinding sent a proposal to sand the court and restripe it for one tennis and one pickleball court, at a cost of $4,500. An option would be to leave the court as it is and purchase a moveable net for the pickleball. After discussion, Rossetti moved we purchase a net from Hinding for $500. The motion was seconded and passed.
Rossetti moved the Board authorize payment to Hinding for work already done. The motion was seconded and passed.
The account manual for the Tax District is being typed and circulated to the appropriate persons and will be brought to the Board for approval.
With no other business or comments,
Meeting adjourned at 8:16 P.M.
Judith Larkin, Clerk