MUTUAL WATER COMPANY FAQ'S

This has been posted on our website for about 3 years, but I'm not sure that every Shareholder has read it.  This briefly describes how a Mutual Water Company operates.  Please take a minute to read it now.

http://www.lfmwc.org/img/mutualwatercompaniesfaq.pdf

** SPECIAL MEETING HAS BEEN ~POSTPONED~ **

SPECIAL MEETING OF 09/09/2017 POSTPONED UNTIL FURTHER NOTICE

This Meeting has been postponed by a majority vote of the Board of Directors. Shareholder, Ron LaGatta has posed questions and concerns to the Board that must be answered before we can move forward with this Special Meeting. A future date will be set.

Sorry for the late notice and inconvenience.

SPECIAL MEETING 09/09/2017

PLEASE NOTE:  LFMWC only has the room at Annie's at Lake Francis from:

11:00AM - 1:00PM

This Meeting must be over by 1:00PM and we must vacate the space.  Those wishing to stay for Lunch can move into the eating space of the Restaurant.

If the Meeting is not adjourned at 1:00PM or earlier it must be continued and scheduled for another date.

Those wishing to stay and discuss a Road Committee or HOA cannot do so in the Meeting Space.

Our thanks to Annie's at Lake Francis for providing us this space free of charge.

LFMWC will be paying for soft drinks..

Separate Water & Maintenance Accounts

Committee to report on Separation of Water and Maintenance Accounts.

Thank you to Jonathan Beth, Carianne Huss & Ron LeGatta for preparing a Report and Recommendation.

To view this Recommendation in Adobe Acrobat please click below: 

http://lfmwc.coffeecup.com/img/2017recommend.pdf

This Report will be discussed at the Special Meeting of 09/09/17.

MEETING AGENDA

SPECIAL SHAREHOLDER’S MEETING

SEPTEMBER 9TH 2017 – 11:00AM

ANNIE’S @ LAKE FRANCIS RESORT

TO ENCOURAGE SHAREHOLDER’S PARTICIPATION THE BOARD OF DIRECTORS HAS VOTED TO HAVE BEVERAGES PAID FOR BY LFMWC.  (NO ALCOHOLIC BEVERAGE) ANNIE’S AT LAKE FRANCIS HAS PROVIDED THE MEETING SPACE FREE-OF-CHARGE.

SHAREHOLDER’S ARE ENCOURAGED TO SUPPORT OUR LOCAL RESTAURANT.

AGENDA

1)  MEETING CALLED TO ORDER

                 

2)  ATTENDANCE / TALLY OF PROXIES / QUORUM  

A quorum is necessary to continue with this Meeting. 

3)  APPROVAL OF MEETING MINUTES FROM 06/03/17

4)  OLD BUSINESS

                Welcome Package for New Residents or Lot Purchasers? (It was voted that the Secretary will notify “New” Owners with a  link to our Website, (what if they don’t have internet access?))

                Establish Committee for Road Maintenance? (It was voted that any ”Road Maintenance” will be separate from LFMWC, a Community Meeting will follow today at the end of the LFMWC business for those wishing to discuss this subject.)

                Re-Address separating Water & Maintenance Accounts? (See attached Committee Report prepared by Rob LaGatta, Jonathan Beth and Carianne Huss)

5)  CURRENT BUSINESS 

Shall LFMWC establish a water hook-up fee for new construction, a Fee in of the amount of $1000.00 effective immediately?

(A Vote will be called on this issue)

               

6)  NEW BUSINESS

                A Report from Stephen Fairman regarding a meeting with a Real Estate Attorney on our CC&R’s, Architectural Control Committee, Manufactured and Modular Homes.  (Voting is not required on this issue)

               

7)  MEETING ADJOURNED

NOTE: If you plan to attend this meeting you don’t need to return the proxy sent in the mail.
If you do not plan to attend the meeting you may return your proxy in the envelope provided. You may assign your vote to any Board Member or Shareholder that does plan to attend and they will vote on your behalf.  Proxies must be received no later than 10:00AM on 09/09/2017.

If you are not sure who to assign your proxy vote this is a great platform to ask questions.

SPECIAL SHAREHOLDER’S MEETING

SPECIAL SHAREHOLDER’S MEETING
SEPTEMBER 9th 2017 – 11:00AM
ANNIE’S @ LAKE FRANCIS RESORT

AGENDA ITEM: NEW CONSTRUCTION HOOK-UP FEE’S

COMMUNITY/WATER COMPANY ITEM: SEPARATION OF MAINTENANCE ACCOUNT FROM WATER ACCOUNT

COMMUNITY ITEM: CREATION OF HOA AND/OR ROAD COMMITTEE

THE COMPLETE AGENDA AND PROXY VOTES WILL BE SENT OUT BY 08/09/2017

Architectural Control Committee

Minutes of Meeting held on 06/28/17 posted to LFMWC website.

http://lfmwc.org/information.html