NEXT VVA MONTHLY MEETING:
Sunday, September 8, 2024 @ 2:00PM at the clubhouse. All members in good standing are welcome and encouraged to attend. If you want on the agenda, you must notify the office on or before the Monday prior to the board meeting.
Lake Viking News
©Viking Valley Association | 144 East Main, Gallatin, Missouri 64640
LakeVikingMo.com
VVA Board of Directors Monthly Meeting
August 2024
Volume 37, No. 4
August 11, 2024
Call to Order Doug Winter, Lot 46, called the meeting to order, held in the upper level of the Clubhouse, at 2:00 pm. Board members present were: Robert Walton, Lot 217, Tom Rice, Lot 343, Tony Gronniger, Lot 2281, Michelle Sullivan, Lot 1826, Jeremy Lillig, Lot 3041 and Terry Nibarger, Lot 657. Jeremy Lillig led in prayer. Shad Mort, Acting Lake Manager, led the Pledge of Allegiance. Doug Winter, Board President, read the mission statement of Lake Viking. Approval of Minutes A motion was made by Tom Rice and was seconded by Terry Nibarger to approve the minutes of the July 14, 2024 regular board meeting. The July 2024 minutes were approved unanimously. COMMITTEE REPORTS: Handbook Committee • Michelle Sullivan reported the Handbook has not been totally updated as the VVA Office and Safety both had changes they have kept track of. We need to ensure these changes have been incorporated into the handbook. • Discussion ensued regarding printing of the handbook. In the past we have printed 1000 copies annually It was suggested that a minimal number of Handbooks be printed (100) and only distributed to members without computer access. Recent changes are printed in the front of the handbook for quick reference. No further handbook changes for the month. • Michelle reminded members to use the established procedure to request Handbook changes. Finance Committee • Jeremy Lillig reported the Finance Committee met August 8, 2024. • Balance sheet for June 2024 showed strong numbers with YTD funds up $760,000. He reported overtime was up for the month and was attributed to the changes in the VVA Association Office. This overtime should decrease in the near future as a new employee has been hired and is training. • Morgan Stanley account value was down $479.00 in July 2024 as the markets are going through a rough stretch which continues in August 2024. Kathy Butts has been added to the Morgan Stanley view status. • The contract with Community Foundation of Northwest Missouri was reviewed with minor changes. This will provide a VVA tax exempt status for donations. Finance Committee will make a recommendation to the board. • The last items for the 2023 FY Audit were submitted on August 5, 2024. • Two (2) lake lots were sold in July 2024 for $3500. The YTD total for lot sales is $124,044.95 plus $214,976.85 for sale of lot 717 (funding the Jetty Project.) • 2025 Budget draft is in progress and when finished will be submitted to the board. Budget will be printed in the Lake Viking News in September 2024. • Road tubes will need to be replaced at 3 Tubes, Pirate and Pilot locations. The estimated cost for this work is $250,000 to $300,000. The possibility of moving $145,000 from the Morgan Stanley retained earn-
ings to fund part of the project was discussed. • Pool maintenance expenses: Maintenance will replace grout under the metal (this year) and will sandblast and epoxy (next spring). This will prolong life of the pool. • Campground Septic/Electrical update: The Campground septic plan has been approved by the DNR and we have 24 months to implement. Campground is moving forward with continued electrical upgrade. • Clubhouse Septic Update: VVA accepted the Bird Septic bid of $87,000. Developments are pending. • Farm Programs: Haying contracts will need to be updated. • Jetty Project: Docks delivery has been delayed. Update Harbor Expense Report will be published in the Lake Viking News. ...... Strategic Planning Committee Doug Winter, Board President, reported that George Eshnaur has stepped down from his Board Member position. Tony Gronniger has replaced George Eshnaur on the Strategic Planning Committee. Tony (continued on page 16)