by Mike Conroy
At the September 26 Montgomery Village Foundation (MVF) Board of Directors meeting, the MVF Board approved several items in preparation of the 2020 MVF Board Election. Recommendations from the Nominating and Election committees were approved to update the election materials with dates for the upcoming election as well as a change to the presentation of candidate information.
The most notable change was a recommendation to replace the Candidates’ Forum with a Candidate Video Interview. After years of dwindling resident attendance, difficulties for candidate attendance, weather cancellations and poor overall participation, the Candidates’ Forum was in need of a refresh. After discussion and evaluation of the forum format, the Election Committee recommended a video interview format, similar to that of the “What’s Your Story?” branding series.
The videos allow flexibility in scheduling for candidates, and incorporate a set of questions taken from the application and historical questions asked at the Candidates’ Forum; residents will not be able to submit questions. The new format gives residents the option to watch videos of candidates on their own timeframe, and for those who are unable to watch the videos, a transcript will be published in the Village News. The candidate video interview will debut in the 2020 MVF Board of Directors election cycle; watch the Village News, MVF website and social media for the release of the videos.
Other Agenda Items
The purchase of a new server for the MVF Office was approved from Reserves. The new server will afford MVF more resources to expand current systems as necessary, including new operating systems for two of its current platforms, which will reach the end of support in January 2020.
The Board also approved long-time Village resident Nadine Taylor-Tolbert to the Recreation Committee. She brings a strong knowledge of exercise physiology and a passion for exercise and recreation—specifically aquatic and endurance activities—to the committee.
Finally, Executive Vice President (EVP) Dave Humpton was authorized to negotiate and execute an addendum to the landscaping contract with BrightView. The addendum arranges for an extension of the current contract through 2026, with a 3% cost reduction for the next two years. Additionally, an amendment to the rental agreement provides MVF with an increased storage area, which will be necessary during the renovation to the North Creek Community Center and Pool.
MVF Board President Glenn Gargan reminded members of the Board and residents in attendance that the Great Pumpkin Race and Fall Festival is scheduled from 11 a.m. to 3 p.m. on Saturday, Oct. 12 at North Creek Community Center. He said he was excited to see the creativity and racing fun again this year.
EVP Humpton noted that demolition to the pad sites at the Village Center had commenced. He said that although the center will be under construction, he was excited for the positive progress being made. Residents are reminded to stay clear of the construction areas during the center renovations.
Board Treasurer Bob Carey gave the financial report for the month of August and the Year-to-Date (YTD), noting that MVF remains in a strong financial position. Carey said that total Revenue continues to be favorable to the budget at $6,343,466. He noted that Expenses were unfavorable for August, but YTD remain ahead of the budget.
Carey reported that Cash and Investments are at approximately $8.6 million, which is up $400,000 from the same time last year. Capital Contribution Fees through August were reported at $114, 524, over $20,000 favorable to budget. The monthly Contribution to Reserves (CTR) was made in accordance with the budget, bringing the YTD fund total to $874,412.
The next MVF Board of Directors meeting is scheduled for 7:30 p.m. on Thursday, Oct. 24 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. The meeting agenda and information packet will be available online at www.montgomeryvillage.com the week of the meeting.