NEXT VVA MONTHLY MEETING:
Sunday, February 11, 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 Call to Order George Eshnaur, Lot 505, called the meeting to order, held in the upper level of the Clubhouse, at 2:00pm. Board members present were Tom Rice, Lot 343, Robert Walton, Lot 217, George Eshnaur, Lot 505, Terry Nibarger, Lot 657, Jeremy Lilllig, Lot 3041 and Michelle Sullivan, Lot 1826. Jeremy Lillig led in prayer. Jeff Ferguson, Lake Manager, led the Pledge of Allegiance. George Eshnaur read the mission statement of Lake Viking. George Eshnaur welcomed those in attendance for braving the weather and joining us. Approval of Minutes George Eshnaur stated we needed to amend the December minutes to include the clubhouse rental rate changes were not in the December minutes. Rental rates changes are: From $50.00 to $100.00 per hour for Upper Clubhouse From $30.00 to $ 50.00 per hour for Lower Clubhouse From $10.00 to $20.00 per hour for Shelter Motion made by Tom Rice and seconded by Terry Nibarger. Amended Minutes for the December 2023 meeting were unanimously approved COMMITTEE REPORTS: Handbook Committee Tom Rice reported there is no report this month. Finance Committee Michelle Sullivan reported that the committee met January 14th, 2024. • Year End Financial Documents - Payroll reporting process was touched upon as was journal entries of checks going out. Committee decided more explanation comments should be included for journal entries of checks. YE Financial Documents will be in this edition of newspaper. • Morgan Stanley Update - Terry Nibarger provided the Morgan Stanley update. Terry reported recent strong performance in the market investment sector has resulted in a gain of $36,452.62 for the month and $162.027 for the year in 2023 with an overall return of 10.43%. • Sale of lake owned lots - 2 lots were sold in December for a total of $3,500. Year to date total is $95,917.78. Paula commented that this was a strong number and higher than budget projection. • Retained Earnings - Paula has created a spreadsheet with year-end numbers. This will also appear in this edition of Lake Viking News. • Other business – Jeff confirmed continued positive results since the office has taken over collections. Steve Danner reported that he is in contact with USDA and anticipates more dialogue as to how VVA might benefit from “farm” status. Strategic Planning Committee No report per George Eshnaur Activities Committee No report per Jeremy Lillig
January 2024
Volume 36, No. 9
January 14, 2024
Building Committee Report by Robert Walton • Lot 729 Restrictions were presented regarding limit of septic system, house footprint can’t be altered, no second story or additional bedrooms allowed. Must be built on slab or crawl space. Since the Board of Directors had made this allowance outside the building regulations listed in the handbook, it is the Boards decision to also adopt these limitations for Lot 729. If these new requirements are approved by the board, the new building requirements will be listed on the property deed. George Eshnaur asked if there was a motion to accept these changes. Tom Rice made a motion to discuss, Terry Neibarger seconded the motioned. Board approved changes by unanimous vote. Board members asked Robert Walton questions regarding requirements listed in the deed to ensure this would be the case. Robert Walton confirmed that the buyers were aware of the restrictions. Fire Department Report by Tony Gronniger • No Report • Tony Gronniger did mention that every four years the levy has to be voted on regarding the roads. Tony Gronniger asked any members present to sign to help assist in the taxes from the county to get on the ballot. This is the tax levy that shows on personal property taxes for the special road district. Safety Department No report this month Campground Committee • Report by George Eshnaur • No campground meeting this month. • Campground rental fees have been sent out. • No meetings until March scheduled. • Phase II of electric is completed. Lake Committee No report this month Infraction Committee Report by Terry Nibarger • Security is requesting we remind members to lock and/or ensure their doors are locked. • Several doors in the campground were swaying in the wind. Dredge Committee No report this month Fishing Committee Report by Tom Rice • Committee has confirmed they have retained Chris Cakes and have reserved the lower club house and the patio for the fundraiser scheduled for July 6, 2024. Tech Committee Report by Jeff Ferguson • Fiber is being installed around the lake. (continued on page 15)