by Mike Conroy
On the heels of the playground replacement at William Hurley Park, other park infrastructure is in need of replacement. Path lights in the park were scheduled for replacement in 2018 and were to be done in coordination with the playground replacement. Additionally, the path itself is aged and in need of major work; it currently has drainage issues, tree root damage and cracking over the majority of the path.
Bids for both projects were solicited from qualified contractors and were awarded at the May 23 Montgomery Village Foundation (MVF) Board of Directors meeting. M.R. Electricians was selected to replace the 8-foot old globe light fixtures with new 12-foot LED fixtures for a replacement cost of $14,257 from Reserves.
Total Asphalt, LLC was selected for the path project, which will also include restriping the basketball court. Problem-causing roots will be removed, followed by application of deep patches and a 1.5” asphalt overlay to the path. The Board awarded the bid for $18,725 from Reserves.
Other Agenda Items
In committee affairs, two committee chairs were reaffirmed and a new Recreation Committee member was appointed. Melanie O’Brien and Karen Neilson were respectively reaffirmed to chair the Communications and Recreation Committees. Village resident Jamie Kumpf Kendrick was also appointed to serve on the Recreation Committee.
The Board also approved the purchase of computer replacements for the MVF Office, from Dell, through MVF’s IT contractor. Computers are replaced every five years, with expenses coming from Reserves. In order to stay ahead of the Windows 7 operating system end of support, 2020 replacements were also added to this year’s purchase, totaling $26,894.07.
Finally, the Board reviewed concept plans for the renovation of the North Creek Pool and Bathhouse. Following a presentation by Scheibel Construction and discussion of the proposed concepts, the Board authorized the EVP to negotiate a contract for the combination 50/25-meter pool design and desired features (see article full details).
Board President Glenn Gargan noted that Architectural Review Board (ARB) member Andrew Walker had recently resigned after several years of service on the committee. Although Walker was not able to attend the meeting, he was honored with a Community Service Award for his time on the committee.
Gargan thanked members of the community, including fellow Board members, for their volunteered time and dedication to the community. He went on to say he believes the MVF staff continues to do a great job advancing the Village and keeping resident concerns at the forefront.
EVP Dave Humpton said that the May 4 MVF Board Retreat was productive. He thanked the Board for their input during the session, noting that there were a number of items discussed that would be relevant for either budget or long-term planning.
Humpton also reported that the next census will soon be upon us, and the emphasis this time around is a complete count, making sure forms are filled out by all residents. He said that MVF will be helping spread the word and assisting in the upcounty efforts to reach all segments of the population in our area.
In the absence of both the MVF treasurer and CFO, EVP Humpton gave the financial report for the month of April and the year-to-date (YTD). Humpton reported that overall, MVF had higher than expected Investment, Capital Contribution Fee and Village-wide Special Event revenue, slightly offset by lower than expected Advertising Revenue.
He noted that both Personnel and Operating costs were running favorable to the budget, as well as Net income for the month at about $200,000, which was approximately $48,000 ahead of the budget. Additionally, Total Revenue and Total Operating Expenses were reported as $3.2 million and $2.2 million, respectively, both favorable to the budget. Contributions to Reserves were made as prescribed.
With MVF’s $9.7 million in Cash and Investments and $1.99 million in Undesignated Reserves, Humpton remains confident about MVF’s continued excellent financial position.
The next MVF Board of Directors meeting is scheduled for 7:30 p.m. on Thursday, June 27 in the North Creek Board Room, 20125 Arrowhead Road. The meeting begins promptly at 7:30 p.m. with Residents Time. Residents are invited and encouraged to attend. The meeting agenda and information packet will be available online at www.montgomeryvillage.com the week of the meeting.