Keys Breeze January 2020

Tahoe Key s P r oper ty Owner s Ass oc iation

WATER QUALITY SPECIAL ASSESSMENT MEMBERSHIP VOTE PG. 16

TKPOA WATER QUALITY ACCEPTS TRPA BEST IN BASIN AWARD PG. 10

356 Ala Wai Boulevard South Lake Tahoe, CA 96150

Tahoe Keys Property Owners Association

PRSRT STD U.S. POSTAGE PAID RENO, NV PERMIT NO. 200

JANUARY 2020

CHANGES TO ARCHITECTURAL CONTROL COMMITTEE MEETING SCHEDULE PG. 9

Tahoe Keys Specialists Working Together for You.

ADELE LUCAS

CHRIS HERNANDEZ

BROOKE HERNANDEZ

530.545.0888 | 866.541.2200

530.318.6946 | 775.588.6130

530.314.9766 | 775.588.6130

AdeleLucas.com NV# 0029180 CA# 00838770

RealTahoeEstates.com NV# 145419 CA# 01477359

RealTahoeEstates.com NV# S.0071297 CA# 01477800

Here is your Tahoe Keys year in review, 2018 vs 2019: Single Family

2018

2019

Condos

2018

2019

SOLDS:

55

52

SOLDS:

22

21

AVG. SOLD PRICE:

$987,329 $1,108,669 ($425/sq. ft.) ($464/sq. ft.)

AVG. SOLD PRICE:

$444,745 $555,190 ($372/sq. ft.) ($407/sq. ft.)

132 % OF ASKING PRICE: 95%

125 96%

SOLD DOM:

SOLD

26 Lighthouse Shores | $5,300,000

SOLD

2042 Aloha | $940,000

104 % OF ASKING PRICE: 98%

115 96%

SOLD DOM:

SOLD

SOLD

443 Christie | $1,025,000

SOLD

SOLD

1887 Venice | $886,000

SOLD

439 Ala Wai #117 | $495,000

458 Lido | $925,000

SOLD

392 Wedeln Court | $2,300,000

276 Beach | $2,400,000

2019 #1 in sales for Tahoe Keys Keys Breeze

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Make us your choice.

Tahoe Keys Boulevard Median Project Subcommittee

By Kirk J. Wooldridge, General Manager AT THE SATURDAY NOVEMBER 16TH, 2019

Tahoe Keys Boulevard Median Project Subcommittee

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Board Actions Summary

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Successful Goals Rely on Mental Performance 6 TKPOA Calendar 2018 TRPA Best in Basin

9 10

Six Ways to be Water Safe in Winter 12 2020 ACC Application Submittal Schedule 13 Employee of the Quarter

15

Where in the Universe

15

Membership Vote to Replace the "Second Payment" of the Approved 2017 Water Quality Special Assessment 16 Winter Safety

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ACC Rule of the Month

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Accounting Report

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2019 TKPOA Member Volunteer Reception 30 PUBLISHING DISCLOSURE NOTICE The Keys Breeze is the official monthly publication of the Tahoe Keys Property Owners Association (TKPOA), which is located at 356 Ala Wai Blvd., South Lake Tahoe, CA 96150. Each membership parcel receives one subscription to Keys Breeze mailed to a domestic address. Cost to produce and distribute this publication is offset by advertising revenues and budgeted funds. The inclusion of advertising in this publication does not constitute an endorsement or recommendation by the Tahoe Keys Property Owners Association or its Board of Directors of the projects, services or views contained therein.

FOR ADVERTISING OPPORTUNITIES please contact Kathy Hess-Slocum at Just Imagine Marketing and Design at (775) 846-5656, kathy@justimaginemktg.com.

Printed on recycled paper with soy-based inks.

Tahoe Keys Property Owners Association (TKPOA) Board of Directors Regular Board Meeting, the Board approved the formation of a “Tahoe Keys Boulevard Median Project Subcommittee”.

The “Tahoe Keys Boulevard Median Project Subcommittee” will be a subcommittee appointed by the Board of Directors of at least five property owners that are interested in working with TKPOA Staff on developing project options for the landscaping and beautification of the Tahoe Keys and Ala Wai Boulevards medians. Ideally the subcommittee can develop a long term sustainable solution for the medians that will be able to adapt to current and future water conservation requirements.

On May 5th, 2015 the State of California - State Water Resources Control Board adopted the “Emergency Regulations” in accordance with Governor Jerry Brown’s April 1st, Executive Order, which included further requirements and clarification:

IDEALLY THE SUBCOMMITTEE CAN DEVELOP A LONG TERM SUSTAINABLE SOLUTION FOR THE MEDIANS THAT WILL BE ABLE TO ADAPT TO CURRENT AND FUTURE WATER CONSERVATION REQUIREMENTS.

CONTINUED ON PAGE 14

The Keys Breeze Magazine IS THE OFFICIAL PUBLICATION OF THE TAHOE KEYS PROPERTY OWNERS ASSOCIATION

356 Ala Wai Boulevard South Lake Tahoe, CA 96150 (530) 542-6444 p (530) 541-2521 f tkpoa.com ADMINISTRATIVE OFFICE HOURS

8:30 a.m. to 4:30 p.m. Daily TAHOE KEYS PROPERTY OWNERS ASSOCIATION

Kirk J. Wooldridge

General Manager, Ext. 224

Heather Blumenthal

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Administrative Assistant, Ext. 223

Don Havard

Daniel Larson

Water Company and Water Quality Manager (530) 542-6451

Accounting Manager, Ext. 227

Front Desk Attendant Dial 0

Linda Callahan

2019–2020 BOARD OF DIRECTORS

Architectural Control Dept.

Manager, Ext. 239

Joe Sherry, PRESIDENT

Tom Callahan

Jim Siegfried, TREASURER

Facilities Manager, Ext. 226

James Brooks

Robert Meyers, VICE PRESIDENT Sean Ward, SECRETARY

Project Coordinator/ Property Manager, Ext. 241

Dennis Daniel, DIRECTOR

Bill Spicer

Melvin Meyers, DIRECTOR

Pool Supervisor (530) 545-4124

Operations Manager, Ext. 228

Keys Breeze

Angela LaTella

Security (530) 545-0847

JANUARY 2020

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Vacant, DIRECTOR

2019

BOARD ACTIONS SUMMARY

By Angela LaTella, Administrative Assistant

DECEMBER 21ST, 2019 – EXECUTIVE SESSION BOARD ACTIONS • Reviewed four personnel matters.

• Three disciplinary matter reviewed.

• Reviewed four legal matters including ongoing issues with the Tahoe Keys Marina and Yacht Club (TKM&YC).

• Approved the Additional Work Order Authorization No. 1 for the Cove 3C Bulkhead Design for Repairs and Replacement Contract with Reno Tahoe Geo Associates Inc. • Reviewed 12 contracts; three new contracts were approved.

• Approved a contract with Just Imagine Marketing for January 1st, 2020–December 31st, 2020 for the publication of the monthly Keys Breeze newsletter.

• Approved a contract with McMaster Consulting for January 1st, 2020–December 31st, 2020 for TKPOA IT Services.

• Approved a contract with Sierra Ecosystem Associates (SEA) for January 1st, 2020–December 1st, 2020 for $52,000 for Professional Environmental Consulting Services to support the Tahoe Keys Lagoon Restoration Project and Waste Discharge Requirements (WDR).

DECEMBER 21ST, 2019 - BOARD OF DIRECTORS MEETING BOARD ACTIONS • Meeting was canceled.

OUTGOING BOARD MEMBER

By Heather Blumenthal, Operations Manager ON BEHALF OF TAHOE KEYS PROPERTY OWNERS ASSOCIATION

(TKPOA) Board Members, Management, Staff, and Members, we would like to thank outgoing Board Member Rick Wood (Vice President 2014–2016 and Director 2018–2020 terms) for his time and dedication to serving the Association. After many years, Rick and his wife Mary sold their TKPOA property and attended the December 19th, 2019 Volunteer Reception to bid farewell to the Association. Rick was presented with the TKPOA Sailboat Plaque to commemorate his volunteered time to serve the Association. The Woods will be greatly missed.

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SUCCESSFUL GOALS

SETTING YOUR GOALS is crucial to creating the life you love, having a sense of fulfillment, and being happy. With a new year and new decade upon us, now is a great time to chart a course to accomplish what is most important to you and set personal, professional and healthrelated goals.

Rely on Mental Performance

By Ryan Carr

There are different aspects of setting goals, all of which depend on mental performance and addressing the psychological components of what you want to accomplish, and why, to be successful. Grab a piece of paper and get ready to break down those New Year resolutions into attainable goals that keep you accountable and mentally focused.

Ready to set successful goals for 2020? Don’t miss Barton Health’s free wellness lecture Thursday, January 9 at the Barton Center for Orthopedics & Wellness, from 6:00–7:00 p.m.

Outcome Goals

featuring insight from mental performance

How was this past year for you in regards to your personal and professional life, as well as your health? Write down one thing in each category you did well, one thing you have an opportunity to improve

expert Ryan Carr. For more information, visit bartonhealth.org/lectures

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upon, and one thing you were grateful for.

Now that you have your positive energy going, let’s set Outcome Goals for the year ahead. Outcome Goals are something you want to achieve this year. Go ahead and reach for something that will challenge you, but not something that is not totally unrealistic. Outcome Goals can be for your personal life, professional life, and your overall health. A critical part of determining successful Outcome Goals is identifying why they are important to you. Make sure the reason speaks to you and is something worth working towards.

Process Goals

Next, write down what needs to happen for each Outcome Goal to be successful. These aspects are called Process Goals, and are things you have control over. For example, if your Outcome Goal is to lose 10 pounds, your Process Goals would help you get there. Committing to exercising outdoors two times per week for at least 60 minutes is a Process Goal. Try to have at least two Process Goals for each Outcome Goal. In this case, planning to eat at least five servings of fruits and vegetables per day, or going to the gym twice each week for strength and cardio workouts are other Process Goals to help arrive at the desired outcome.

Process Goals are where the fun lives. In the example above, if you are only focusing on losing 10 pounds, you won’t be happy until you get there. However, focusing on

the journey allows you to celebrate all the small victories along the way such as getting your workouts in and eating healthy.

Overcoming Barriers

The next part of successful goal setting is identifying the challenges that you may encounter along the way such as time, money, other people's priorities, and so on. By identifying the hurdles you might have to jump over, you won’t be surprised when they come up and you can formulate a game plan to work around them.

Equally important is creating a support system who will help you in achieving those goals. Think about family, friends, coworkers, significant others who can assist you along the way. Select people for your support team who will give you a pat on the back when needed but also help you if you happen to get off-track.

Keep Your Mental Focus

Stay on-track and measure these goals by reflecting daily, weekly and monthly on your progress. Set a time in your day, week and month that you look back at your goals and check in with yourself. Put your Outcome and Process goals somewhere that you can see them often such as your bathroom mirror, on your desk, next to your bed, or on the refrigerator. Most importantly, make sure you enjoy the process of working towards your goals and have fun along the journey.

Ryan Carr is the Performance Supervisor for Barton Health, and a Certified Mental Performance Consultant through the Association for Applied Sport Psychology. To learn more about performance training and services through Barton Health, visit bartonperformance.com.

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Cove Advisors Needed for Bavarian Isle, Aloha Isle, Mount Tallac Village III, and Cove 2 It is important that all TKPOA subdivisions are represented by a property owner living within their subdivision. Per the Advisor rules, any owner in good standing may volunteer to serve as the Advisor to their Subdivision or Cove. Otherwise the property owners may nominate themselves or another owner within that subdivision, confirmed by a vote of the Board of Directors.

Each Cove Advisor is responsible for handling the general affairs of the cove including unit/common area facilities; report maintenance, repair and other property owners issues to TKPOA management and follow-up in keeping those property owners up to date with current events, general affairs of projects happening within the Keys, and manage the cove’s budget.

If you want to volunteer or nominate a fellow owner please complete the “Request to be Appointed” form, which can be found on the TKPOA website: www.tkpoa.com by clicking on the news ticker on the home page. Please return your completed form to Administrative Assistant, Angela LaTella, alatella@tahoekeyspoa.org, or turn in at the Pavilion Office located at 356 Ala Wai Blvd, South Lake Tahoe, CA 96150.

Sincerely Neal Simmons TMS Advisor Co-Chair Advisor Committee

TKPOA CALENDAR FOR JANUARY 2020 AND BEYOND January 2020

14 18 18 23

28

ACC Meeting 9:00 a.m.

Board of Directors Exec. Session 8:00 a.m.

Board of Directors Regular Mtg. 2:00 p.m.

Town Hall Forum TBD Water Quality Committee TBD Waterways Usage Committee TBD Finance Committee Meeting 10:00 a.m.

February 2020

11 15 15

ACC Meeting Board of Directors Exec. Session Board of Directors Regular Mtg. Town Hall Forum Water Quality Committee Waterways Usage Committee

March 2020

10 21 21

ACC Meeting Board of Directors Exec. Session Board of Directors Regular Mtg. Town Hall Forum Water Quality Committee Waterways Usage Committee

9:00 a.m.

800 a.m.

2:00 p.m.

TBD TBD TBD

NOTE: All meetings will be held at the TKPOA Pavilion, 356 Ala Wai Blvd., South Lake Tahoe unless otherwise noted.

9:00 a.m.

8:00 a.m.

2:00 p.m.

TBD TBD TBD

2020 ARCHITECTURAL CONTROL COMMITTEE MEETING SCHEDULE JANUARY 14

FEBRUARY 11

MARCH 10

APRIL 14 & 28

MAY 12 & 26

JUNE 16 & 30

JULY 14 & 28

AUGUST 11 & 25

SEPTEMBER 15 & 29

OCTOBER 13

NOVEMBER 10

DECEMBER 8

IMPORTANT! ACC Meetings have been moved from Mondays to Tuesdays for 2020.

All meetings are held at the Pavilion and begin at 9:00 a.m. unless otherwise posted. ACC application submittals are due by Wednesday prior to the meeting date. For more information please contact Linda Callahan, ACD Manager, at (530) 542-6444 ext. 239, or lcallahan@tahoekeyspoa.org.z

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2018 TRPA BEST IN TKPOA Bubble Curtain and Seabin Project

By Gregory J. Hoover, TKPOA WQ Manager / AIS Management Coordinator THE TAHOE KEYS PROPERTY OWNERS ASSOCIATION

(TKPOA) was awarded the 2018 Tahoe Regional Planning

Agencies (TRPA) Best in Basin Award and a Certificate of Commendation from Nevada Senator Catherine Cortez Masto for the West Channel Bubble Curtain and Seabin Project. The Water Quality Staff received this prestigious award with five other Lake Tahoe Basin Agencies at the December 18, 2019 TRPA Governing Board Meeting. The Best in the Basin awards program annually recognizes and showcases public and private projects that demonstrate exceptional planning, implementation, and compatibility with Lake Tahoe’s environment and communities.

The TKPOA introduced the Boat Backup Station in the West Channel in 2016 to help combat the number of plant fragments that are transported into Lake Tahoe.

During the 2018 season, TKPOA installed a Bubble Curtain in the West Channel to help reduce the number of fragments spreading out into Lake Tahoe. In 2019, TKPOA installed the first of two Seabins in the West Channel to further reduce the number of fragments spreading out into Lake Tahoe by halting the plants at the Bubble Curtain and collecting them into the Seabin.

This is the first time that these two technologies have been combined together to form an intergraded system used for fragment control from Aquatic Plants. The objective of the Bubble Curtain and Seabin Project is to (1) create a barrier in the West Channel which would reduce the amount of plant fragments and debris from entering Lake Tahoe, (2) collect the diverted weed fragments and debris and (3) integrate these methods that have only been used independently of each other. This program aims to monitor and record the integration of these methods, and their efficiency and effectiveness.

The bubble curtain setup design consists of a “V”shape formation. The purpose for this design was to

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create three collection points for plant fragments and garbage to collect, one in the center and two on either of the channel near the bulkhead. The Seabin was placed on the West Channel bulkhead next to the Bubble Curtain. It was strategically placed at this location due to the Bubble Curtain design and placement. The Seabin, along with the Bubble Curtain, ran for 24 hours a day and seven days a week.

The Bubble Curtain and Seabin collection and monitoring took place twice daily, five days a week from June, 2019 to October 2019. Over the 131 days of monitoring, 159.32 ft3 of weed fragments were collected, sorted and identified. These plants and their percentages were: Eurasian Water Milfoil, (Myriophyllum spicatum) 49.91%, Coontail (Ceratophyllum demersum) 29.94%, Curly Leaf Pondweed (Potamogeton crispus), 10.90%, Elodea (Elodea canadensis) 4.81%, Richardson Pondweed (Potamogeton richardsonii) 2.51%, Leafy Pondweed (Potamogeton foliosus) 1.0%, Common Bladderwort (Utricularia macrorhiza) 0.04%, other plants .35% and common grass clippings 0.18%.

Due to the integration of these technologies and the success that the project has had in its first year, it was awarded the 2018 Tahoe Regional Planning Agency (TRPA) Best in Basin. Due to the success that we have had, the WQ Staff is looking at installing both a similar system into the East Channel and smaller systems throughout the West Channel in the 2020/2021 seasons.

We would like to thank Jessie Patterson and the League to Save Lake Tahoe who partnered with the TKPOA and provided $5000 in grant funding for this project. We would also like to thank the Water Quantity Committee and the Water Quantity Staff for all of their hard work on this project over the last two seasons.

JANUARY 2020

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BASIN During the 2018 season, TKPOA installed a

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Six Ways to be Water Safe in the Winter

By TKPOA Water Company EVERY WINTER, Tahoe Keys Property Owners Association (TKPOA) homeowners face the potential

damage and expense of frozen water pipes. Please remember to winterize your property before the cold weather sets in.

Here are a few tips and reminders on winterization:

1. When leaving town, shut off your water at your Shut-off Valve unless you have hydronic heat or

other unusual conditions. If you do not have a Shut-Off Valve, seasonal water turn off requests can be made by calling the Tahoe Keys Water Company Office to schedule a shut off at (530) 542-6451. There is no service charge for turning the water off during normal business hours between 8:00 a.m. and 4:00 p.m. however this type of request requires 48 hours’ notice. It is the homeowner’s responsibility to make sure the Shut-Off Value is accessible and cleared of any landscaping that prevents access or charges may be incurred to obtain access to this valve.

2. It is also important to leave the thermostat at a recommended 55 degrees or above when you

are away to prevent freezing of internal pipes. Don’t run the water in order to keep pipes from freezing. This is a costly waste of water and can cause water damage in certain circumstances.

3. Close vents and other openings that allow cold air to reach plumbing under the house.

4. Detach hoses and sprinklers from hose bibs.

5. Shut off, drain and remove backflow devices on irrigation systems. Store backflow devices inside to prevent damage.

6. Post written directions for water shutoff in home for emergency situations. Post emergency contact information for property management or our TKPOA Water Company personnel.

The TKPOA Water Company responds 24 hours a day, 7 days a week for water emergencies. Call (530) 318-4268 if you have a water emergency. When the Water Company responds to an emergency after business hours there is a charge of $75 per hour with a 2 hour minimum for the work performed.

The TKPOA Water Department or TKPOA Office will attempt to contact the Homeowner if the water is turned off or requires additional work. Be sure we can reach you by keeping your contact information current with the Association. You can update your contact information by requesting a Property Owner Update form from the Front Desk at info@tahoekeyspoa.org. Information about the Water Company and related charges can be found on the TKPOA Website at www.tkpoa.com.

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2020 ACC APPLICATION

SUBMITTAL SCHEDULE ACC MEETING DATES HAVE BEEN CHANGED FROM MONDAYS TO TUESDAYS FOR 2020

SUBMITTAL DEADLINE (Wednesday prior to the meeting)

ACC MEETING DATES (Tuesdays)

January 8th

January 14th

February 5th

February 11th

March 4th

March 10th

April 8th

April 14th

April 22nd

April 28th

May 6th

May 12th

May 20th

May 26th

June 10th

June 16th

June 24th

June 30th

July 8th

July 14th

July 22nd

July 28th

August 8th

August 11th

August 19th

August 25th

September 9th

September 15th

September 23rd

September 29th

October 7th

October 13th

November 4th

November 10th

December 2nd

December 8th Keys Breeze

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Tahoe Keys Boulevard Median Project Subcommittee CONTINUED FROM PAGE 3

The new prohibitions in the Executive Order apply to all Californians and will take effect immediately upon approval of the regulation by the Office of Administrative Law, these include:

term solution. Since 2017 TKPOA Staff has provided proposals for “phased” median landscaping projects, but based on cost and timing none have been approved to move forward.

In past meetings with the City of South Lake Tahoe (CSLT) – Public Works Department they have indicated that they will take no responsibility for the medians that are located on the Tahoe Keys and Ala Wai Boulevards, even though these streets and medians have been dedicated to the City and they have also indicated they have no existing plans or schedules for street or curb maintenance to provide at this time.

If you are interested in submitting a “Board SubCommittee Individual Request to be Appointed Form” for this “Tahoe Keys Boulevard Median Project Subcommittee”, or if you have any additional questions regarding this subcommittee please contact Angela LaTella, TKPOA Administrative Assistant at the TKPOA Office, at 356 Ala Wai Blvd., South Lake Tahoe, CA 96150, (530) 542-6444, or email at ALaTella@ tahoekeyspoa.org.

• Irrigation with potable water of ornamental turf on public street medians; Because of this Prohibition on watering public street medians, the TKPOA was required to stop watering the Tahoe Keys and Ala Wai Boulevard medians.

On February 8th, 2017 the State of California – State Water Resources Control Board extended the “Emergency Regulations”, prohibitions against wasting Water.

On April 26th, 2017 the State of California – State Water Resources Control Board rescinded this Prohibition. Since this Prohibition has been rescinded the TKPOA has only continued to provide drip irrigation to the trees on these medians and basic landscaping to trim and weed the existing turf per Board direction to continue water conservation efforts and to seek a long

IN PAST MEETINGS WITH THE CITY OF SOUTH LAKE TAHOE (CSLT) – PUBLIC WORKS DEPARTMENT THEY HAVE INDICATED THAT THEY WILL TAKE NO RESPONSIBILITY FOR THE MEDIANS THAT ARE LOCATED ON THE TAHOE KEYS AND ALA WAI BOULEVARDS, EVEN THOUGH THESE STREETS AND MEDIANS HAVE BEEN DEDICATED TO THE CITY AND THEY HAVE ALSO INDICATED THEY HAVE NO EXISTING PLANS OR SCHEDULES FOR STREET OR CURB MAINTENANCE TO PROVIDE AT THIS TIME.

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KEY PERFORMER AWARD

By Heather Blumenthal, Operations Manager ON BEHALF OF THE TKPOA Board of Directors,

Management, Staff, and Members, I would like to congratulate Front Desk Attendant Jason Albery for receiving the TKPOA Employee of the Quarter Key Performer Award for the 4th Quarter 2019.

The TKPOA Employee of the Quarter Key Performer Award is a Peer Recognition Program that acknowledges those employees that routinely go above and beyond to meet the needs of the Association, their Department, and position assignment.

Employees are nominated by their co-workers based on key eligibility criteria that includes reviewing specific accomplishments the nominated employee has achieved within the last year and their customer service skills and TKPOA expectations. TKPOA Management Staff selects the Employee of the Quarter based on the nominations after reviewing these key criteria requirements.

The TKPOA Board and Management Staff recognize the hard work and efforts of all TKPOA employees that allow the successful management of this unique community development and would like to congratulate all 2019’s 4th Quarter nominees: Raul Hernandez, Water Company and Vesper Rodriquez, Front Desk and Water Quality.

WHERE IN THE universe IS KEYS BREEZE? Attention all TKPOA Homeowners Submit your photo and win!

S

how us where you read the Keys Breeze. Winners will be chosen at the end of the year and given a $25 gift certificate to Chicken in a Barrel. All images must be submitted electronically. JPEG files are the preferred format and the size needs to be no less than 1 MB. By submitting your photo, you are giving us permission to reprint in Keys Breeze. Please email submissions to Heather Blumenthal at HBlumenthal@ tahoekeyspoa.org.

Dave and Lianne Peterson, Puglia, Italy

Thank you!

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MEMBERSHIP VOTE to Replace the “Second Payment” of the Approved 2017 Water Quality Special Assessment

By Kirk J. Wooldridge, General Manager

AT THE SATURDAY DECEMBER 21ST, 2019 Board of

Directors – Executive Session Board Meeting, the Board approved RESOLUTION TKPOA No. #2019-0087 to authorize a Vote of the TKPOA Membership. A Membership vote to replace the “Second Payment” of the Approved 2017 Water Quality Special Assessment for “The Authorization to Pursue Regulatory Approvals for the Use of Aquatic Herbicides to Control Aquatic Invasive Weeds in the Tahoe Keys Lagoons” [RESOLUTION TKPOA #2017-001] .

Water Quality Special Assessments:

There are two remaining payments of the already approved “2017 Water Quality Special Assessment” – each in the amount of $600 per TKPOA Property Owner ($1,200 total) that had been expected to be collected in 2019 and 2020 respectively. The Water Quality Committee (WQC) has recommended to the Board for a 2020 Water Quality Special

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Assessment to replace the current approved “2017 Water Quality Special Assessment” – “Second Payment” to a reduced amount discussed later within this letter. The WQC proposes collecting the “Second Payment” during the first half of 2020. Furthermore, the WQC anticipates a delay in the collection of the Third Payment. This delay is based on the Environmental Impact Report (EIR) required by the California Environmental Quality Act (CEQA) and Lahontan Regional Water Quality Control Board (LRWQCB), and an Environmental Impact Statement (EIS) required by the Tahoe Regional Planning Agency (TRPA).

The TKPOA has been actively investigating approaches to control the aquatic invasive weeds in the Tahoe Keys Lagoons since 2011. To date the past and current Boards have proceeded with efforts to control the Aquatic Invasive Species (AIS) weeds based upon input from experts, stakeholders, and community members, including TKPOA Property

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Owners. We still believe the most feasible and cost-effective way to control the aquatic weeds is through the use of aquatic herbicides.

In 2017, the TKPOA received a positive majority vote for the Ballot – RESOLUTION TKPOA #2017-001 for the “Authorization to Pursue Regulatory Approvals for the Use of Aquatic Herbicides to Control Aquatic Invasive Weeds in the Tahoe Keys Lagoons, and the Water Quality Special Assessment”.

This positive vote authorized the Board to approve a Special Assessment of not more than $1,600 per property ($400, $600 and $600) to fund the actions necessary to obtain regulatory approvals for the use of aquatic herbicides. This positive vote allowed the Board to collect and bill for the “First Payment of the Special Assessment” of $400 in June 2017. This “First Payment” generated $611,600 in funding for this project.

The final reconciliation has shown that all of the funds from the “First Payment” of the Special Assessment have been utilized during the 2017–2019 fiscal years, as reported in the May 2018 and June 2019 Keys Breeze monthly magazine.

The Remaining Two Payments as Voted — 2017

Per the 2017 “Authorization to Pursue Regulatory Approvals for the Use of Aquatic Herbicides to Control Aquatic Invasive Weeds in the Tahoe Keys Lagoons, and the Water Quality Special Assessment” Ballot language: “As planned the second payment would be not more than $600 conditioned on receipt of the requisite regulatory approvals to conduct a small-scale test of aquatic herbicides in the Tahoe Keys Lagoons and would be payable 45 days after receipt of approval and past due 30 days later. This payment would cover the cost of completing all aspects of a small-scale aquatic herbicide test and continued efforts to obtain grant funding. This is projected to occur in 2018”.

“The third payment would be not more than $600 conditioned on successful completion of the small-scale herbicide test and acceptance of the test results and would be payable 45 days after receipt of regulatory approval of the small-scale test results and past due 30 days thereafter. This is projected to occur in 2019.

This payment would cover the cost of work through gaining approval for full-scale use of herbicides during 2021, 2022, and 2023”.

The TKPOA has been unable to collect the “Second and Third Payments” as stated above due to the requirements and timing of EIR required by CEQA and LRWQCB, and the EIS required by the TRPA.

Keys Breeze

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JANUARY 2020

The final reconciliation has shown that all of the funds from the “First Payment” of the Special Assessment have been utilized during the 2017–2019 fiscal years, as reported in the May 2018 and June 2019 Keys Breeze monthly magazine.

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17

THE GOOD NEWS – 2019 “Funding and Grants”

The TKPOA has successfully submitted the “Tahoe Keys Lagoons Aquatic Weed Control Methods Test Application” that triggered the need for EIR/EIS and CEQA. The Control Methods Test application proposes the use of targeted herbicides as one weed control method to test alongside and in combination with other methods to reduce and control the abundant growth of invasive and nuisance aquatic weeds that are compromising water quality and degrading beneficial uses of the Tahoe Keys lagoons, as well as threatening the future ecosystem and water quality of Lake Tahoe.

The environmental analysis will determine if the use of U.S. Environmental Protection Agency (EPA) and the California Department of Pesticide Regulation (DPR) approved herbicides can meet the strict environmental standards of Lake Tahoe’s classification as a Tier Three, Outstanding National Resource Water (ONRW).

The original estimated cost of obtaining regulatory approvals that was presented in 2017 to use aquatic herbicides was estimated to be $2.4 million between 2017 and 2020. The Board, consultants and staff had worked very hard to identify all costs, expenses and anticipated receivables. The costs provided were the best estimates based on what is known at that time.

Since this 2017 estimate was determined, the TRPA has been able to secure funding from the United States Army Corp of Engineers (USACE) – from the Lake Tahoe Restoration Act for up to $3.0 million dollars to conduct this regulatory process review of the TKPOA’s submitted application. Being the first of its kind, with a significant amount of data collection needed this is on the higher end of any EIS the TPRA has conducted. The “Facilitation Process” has been contracted with Zephyr Collaboration through 2021 for $250,000, the “Environmental Monitoring and Investigation” has been contracted with ESA for $750,000 and the “EIS/EIR Documentation” work has been contracted with TRC Solutions Inc. for $750,000. In additional to this the TRPA has contracted with Inventive Resources for Ultraviolent Light (UV) test applications by Boat for AIS weed control in the Tahoe Keys. At this time the total investment for this TKPOA application funded by the TRPA through 2021 is estimated at approximately: $2.5 million.

With that said, this TKPOA application is a priority project at TRPA, they have staff assigned to this project that have spent over 2500 hours for calendar year 2019, which does not include the time of the TRPA Executive Director, legal, communications or finance teams. The Keys Breeze

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TRPA currently plans to carry over the same level of commitment each year through 2021. The TRPA has worked diligently over the last several years carrying the message to Washington, D.C. and working with the Tahoe delegation to receive this federal funding dedicated to this project application, which has allowed the TRPA move forward with the environmental documentation and stakeholder process.

The TRPA, as one of the lead agencies on this project, had convened a core committee of stakeholders to select neutral facilitation services and an independent environmental consulting firm for the environmental analysis process. This “Stakeholder Committee” is composed of representatives from LRWQCB, TKPOA, TRPA, Tahoe Water Suppliers Association, and The League to Save Lake Tahoe. This Stakeholder Committee provided the selection of Zephyr Collaboration, TRC Solutions, Inc., with the USACE funding these contracts.

The goal of this collaborative, multi-stakeholder process is to ensure stakeholder concerns and perspectives are addressed during the environmental analysis, resulting in a project plan that is science-based, broadly supported, and effective at controlling aquatic weeds in the Tahoe Keys lagoons.

The collaborative process design addresses a wide range of topics including establishing a project inquiry process , milestones that correspond with the EIR/ EIS analysis and permitting schedule, designing a transparent, collaborative process that includes broad stakeholder perspectives and concerns, inviting an even broader Stakeholder Consultation Circle (SCC) and public to workshops at strategic milestones, and developing public outreach materials including a project website: www.tahoekeysweed.org. The regulatory and collaborative process has now produced the required “Tahoe Keys Aquatic Weed Control Methods Test” Scoping Report as of October 31st, 2019.

In addition to this TRPA funding the TKPOA has received multiyear grant funding from the League to Save Lake Tahoe to implement additional AIS Weed technology based projects which include: Laminar Flow Aeration (LFA) with 10 diffusers, the West Channel Bubble Curtain and Sea Bins.

Much of these expenses were included in the TKPOA’s original estimates for the “Second and Third Payment” of “2017 Water Quality Special Assessment” of $600 each, representing $1.8 million dollars which was planned to be collected in 2019 and 2020 respectively. Now that the TKPOA and the WQC have reached these smaller project milestones with a better understanding of the future larger milestones, timing

JANUARY 2020

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18

and outside funding sources, it is time to review and reconcile these original approved plans for the “Second and Third Payment” of this approved “2017 Water Quality Special Assessment”.

Moving Forward 2019–2020

The Board and the WQC have now determined a replacement Special Assessment for “Second Payment” of the “2017 Water Quality Special Assessment” for the TKPOA Property Owners to vote on.

The proposed new replacement “Second Payment” for the Special Assessment would be $400 per Property Owner to generate approximately $611,600 for costs to be incurred in the 2020-2021 Fiscal Years to support the “Tahoe Keys Lagoons Aquatic Weed Control Methods Test Application” and the EIR/ EIS and CEQA requirements. This “Second Payment” is less than the original $600 per Property Owner due to the current and projected future funding that has been provided through the TRPA EIR/EIS process, as well as additional grants. This “Second Payment” Special Assessment would replace the $600 Per Property Owner cost as approved in 2017.

At the Saturday October 19th, 2019 the Tahoe Key Property Owners Association (TKPOA) Board of Directors (Board) Regular Meeting, the Board approved the 2020 Operating Budget and Reserve Funding Plans that have resulted in Quarterly Assessment of $709.

In additional to this reduction in the “Second Payment”, if approved, an additional reduction will be realized in the $709 Quarterly 2020 Assessment to $688 for the Quarterly 2020 Assessment for the Second, Third and Fourth quarters. The reduction in Quarterly Assessments would be due to the transfer of Water Quality Reserve Expenses scheduled for 2020 from the Quarterly Assessments to the new “Second Payment” Special Assessment for the “Tahoe Keys Lagoons Aquatic Weed Control Methods Test Application” and the EIR/EIS and CEQA requirements.

If approved the replacement “Second Payment” $400 Special Assessment will be due in full by April 30th, 2020.

This revised replacement “Second Payment” assessment and related costs are detailed in the attached tables:

A. AIS AND HAB MANAGEMENT

QUANTITY TOTAL

1. HARVESTING ENHANCEMENT

a. Aqua Harvester

1

$54,000

b. Tiger Cat

1

$80,160

c. Mobile conveyor

1

$16,000

a. Internal bubble curtains

3

$15,000

b. Larger bottom barriers for use under bubble curtains

10

$2,500

c. Additional skimmer boats

3

$9,000

d. Staffing - additional skimming crew

4

$32,000

e. New compressor for West Channel bubble curtain

1

$6,000

f. Dock Bubblers

5

$2,750

a. LG Sonic Mezzo DB units

3

$7,800

b. Additional focused AIS fragment/HAB monitoring

1

$15,000

c. LFA Dye Circulation Study

1

$9,500

d. Internal bubble curtains

0

$0

a. Additional dataloggers

10

$15,000

b. YSI Exo Logger

1

$6,000

c. Weather Station

3

$4,500

2. FRAGMENT CONTROL ENHANCEMENTS

3. HAB MANAGEMENT

4. MISCELLANEOUS

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B. NUTRIENT MANAGEMENT

QUANTITY

TOTAL

1. WATER CIRCULATION

a. Components of Domenichelli recommendations

1

$50,000

b. West Lagoon to Tallac pumping evaluation

1

$12,000

a. Yellow Pond Lily removal

1

$22,500

b. Test Phos-Loc in Tallac canal after pond lily removal

1

$12,500

c. Test Floating Island Wetlands in Tallac after pond lily removal

1

$15,000

d. P-Fertilizer ban throughout SLT

1

$2,500

QUANTITY

TOTAL

a. Dr. Lars Anderson

1

$9,000

b. Sierra Ecosystem Associates (SEA)

1

$56,000

c. EMKO

1

$49,000

a. Downey Brand

1

$12,000

b. Outreach Consultant

1

$2,400

a. Increase 2 position to year-round from seasonal for 2 years

4

$68,000

QUANTITY

TOTAL

2. OFFSITE SOURCE MANAGEMENT

C. PROGRAM MANAGEMENT 1. TECHNICAL SUPPORT FOR WDRS AND EIR/EIS PROCESS

2. OUTSIDE SERVICES TO SUPPORT ASSOCIATION EFFORTS

3. AIS TECHNICIAN

D. RESERVE FUNDING 1. WATER QUALITY RESERVE FUNDING

$25,490

TOTAL

$611,600

New "Second Payment" Special Assessment

$400

The “Third Payment” of the 2017 Water Quality Special Assessment” will continue to stand for now, conditioned on successful completion of the EIR required by the CEQA and LRWQCB, and an EIS required by the TRPA, for the approval of the small scale testing of aquatic herbicides. This payment would cover the cost of work required to receive the approvals for full-scale use of herbicides in the future. This third payment would be payable 45 days after receipt of regulatory approval for the small-scale tests to take place and past due 30 days thereafter.

This will be reviewed and reconciled during the 2021 Annual Operating Budget development process.

Moving forward, the use of projected to significantly reduce the density of the aquatic invasive species weeds so that they can be controlled in the future using non-herbicide control methods. The use of aquatic herbicides, combined with non-herbicide control Keys Breeze

|

methods, is projected to reduce the cost of future weed control activities (estimated harvesting cost reductions are 30% following the first year of herbicide use and an additional 50% following the second year of herbicide use as part of future TKPOA Water Quality – Operating Budgets).

What is the Effect of Your Vote?

A For (approval) vote would replace the “Second Payment” of the 2017 Water Quality Special Assessment of $600 with a revised replacement 2020 “Second Payment” a $400 Special Assessment and also reduce the Second, Third, and Fourth 2020 regular Quarterly Assessments from $709 to $688. The actions following approval by a majority of the TKPOA Property Owners voting would be:

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20

The $611,600 generated from this “Second Payment” Special Assessment will be used to: • Provide technical and legal support for the application that was submitted in July 2019 for approval to conduct a 13.7-acre aquatic herbicide demonstration within the Tahoe Keys.

• Continue AIS and Harmful Algae Bloom (HAB) Management with the use of new technology and equipment for the TKPOA Water Quality Staff and related Consultants • Continue and improve Nutrient Management in the Tahoe Keys Lagoons through analysis and testing of portions of the Circulation System, implementation and testing of “Offsite Source Management” projects • Continue Program Management to include the Technical Support for Waste Discharge Requirements (WDR’s), and the EIR/EIS process, Outside Services to Support the Association’s efforts and changing the current TKPOA staff AIS Technician positions from part time to full time for two years for required monitoring and sampling.

• Continue efforts to obtain grant funds to reduce costs.

• Continue outreach to non-member stakeholders and public education efforts.

All of these Special Assessment payments can be characterized as an investment in the future of the Tahoe Keys.

All of these Special Assessment payments can be characterized as an investment in the future of the Tahoe Keys.

Greatly reducing or eliminating the aquatic weeds from the Tahoe Keys Lagoons is anticipated to improve the quality of boating, recreation, and aesthetics thereby improving property values throughout our community.

There are risks associated with pursuing permits for the use of aquatic herbicides in Lake Tahoe. The risks include: • The application for the small-scale aquatic herbicide demonstration in the Tahoe Keys Lagoons may not be approved.

• The small-scale herbicide demonstration may not be deemed successful.

• The application for permits for the full-scale use of herbicides in the Tahoe Keys Lagoons may not be approved.

• Any of the regulatory permit processes could be stalled or stopped by challenges to the environmental impact evaluation process.

These risks will be mitigated:

• The subsequent “Third Payment” Special Assessment

payment is conditioned on completion of defined milestones in the regulatory permit process.

• The proposed small-scale aquatic herbicide demonstration will provide information on both the effectiveness of the aquatic herbicides and the practices needed to monitor and control the impact of the herbicides.

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An Against (Disapprove) vote would direct the Board to continue the use of the current aquatic weed control methods consisting of continued harvesting, weed fragment control, and mandated monitoring and reporting.

The actions following an Against vote would include: • TKPOA would continue to meet regulatory requirements with respect to monitoring and reporting as specified in the regulatory operating permit for the Tahoe Keys Lagoons.

• TKPOA would continue to manually harvest aquatic weeds to keep the lagoons open to boat traffic and it would continue efforts to control the weed fragments created by harvesting.

• TKPOA would take legal action as required to protect the Association from liability claims, regulatory actions, or third-party lawsuits.

• Would not allow TKPOA to acquire better-suited equipment, which would thus prevent TKPOA from improving fragment collection around docks and difficult areas and would not allow TKPOA to try new ways to reduce HABs and improve water quality in the lagoons • The Second, Third, and Fourth 2020 regular Quarterly Assessments would not be reduced and would remain at $709, and could potentially increase in future years to maintain the same level of service because improvements in weed and HAB management would not be implemented.

• The “2017 Water Quality Special Assessment” approved “Second Payment” would remain in effect at $600, along with the conditions required to trigger the collection of this assessment.

There are risks associated with continuing historical methods of aquatic weed control. The risks include: • Allowing the aquatic invasive infestation to continue to grow increases future weed harvesting costs and negatively impacts boating, recreation, and water quality. This, in turn, adversely impacts property values and rental income.

• Lack of action will continue to increase the spread of aquatic invasive weeds in Lake Tahoe.

• The LRWQCB could mandate action (e.g. boat inspections prior to entering Lake Tahoe from the Tahoe Keys Lagoons, extensive use of bottom barriers each year until aquatic invasive weeds have been eradicated) which would likely increase future aquatic invasive weed control costs. This action could also lead to extended and costly litigation.

• Under the Federal Clean Water Act, individuals could bring litigation to either force LRWQCB to act or to force TKPOA to act to control the aquatic invasive weeds.

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Ballot Schedule The schedule for the vote of TKPOA members is: ACTIVITY

DATE/TIME

Mail ballot package

January 8th, 2020

Member voting period ends and ballots must have been received by TKPOA

February 12th, 2020, 4:30 p.m. PDT

Open and count ballots

February 15th, 2020, 4:30 p.m. PDT

It is important to note that ballots received after the voting period ends and those that are not completed in accordance with the written instructions included in the ballot will not be counted.

Questions or Request for Additional Information

The membership vote to replace the “Second Payment” of the Approved 2017 Water Quality Special Assessment will be sent out the first two weeks of January 2020. If you do not receive a voting ballot please contact the contact the TKPOA Front Desk Staff at (530) 542-6444. Also any additional questions can be answered by contacting the TKPOA Front Desk at (530) 542-6444 Monday through Sunday 8:30 a.m.–4:30 p.m.

Additional information can be found on the TKPOA website at www.tkpoa.com, and www.keysweedsmanagement.org.

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THE TAHOE KEYS PROPERTY OWNERS ASSOCIATION (TKPOA)

WINTER SAFETY

By Jesse Isaacson, Security Supervisor

Security Department would like to share some words of advice for travelers this winter. Roads will be full of cars, high winds and heavy snow storms that can create issues for those not prepared on the road.

Every year, families travel to South Lake Tahoe for the winter months, leading to congested roadways and an increase in pedestrian traffic. Many of these travelers are foreign to winter weather and do not have much experience driving in icy conditions. TKPOA would like to remind owners and guests to be alert and courteous so that everyone can arrive at their destination and enjoy the season with their friends and loved ones.

Many accidents occur every year due to unsafe driving in snow, ice and other wet conditions, such as driving too fast for conditions, following too closely, or failing to maintain a lane and over-correcting. In winter weather, motorists are reminded to drive slowly for conditions and leave space between their vehicle and others. Wearing a seat belt and focusing on the road are other important driving tips for any type of weather.

WINTER DRIVING TIPS

• Buckle up!

• Only travel in winter weather when necessary, leave enough time to safely reach your destination and plan your route to help avoid snowy/icy areas and steep hills.

• Remove snow and ice from all vehicle windows, mirrors, lights, turn signals and license plates.

• Check your brakes, lights, and windshield wipers to make sure they are functioning properly.

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• Warm up your vehicle and make sure your • • • • • • • • • • •

windshield is clear of ice and snow before driving.

Be alert. Constantly scan the road for hazards and give yourself enough room to react safely.

Turn on headlights to see and be seen.

Avoid quick starts, stops, and fast turns. Accelerate, brake and steer smoothly and gradually.

Reduce speed. Speed limits are based on normal road and weather conditions, not winter road conditions.

Do not slam on brakes. Apply steady pressure on ABS-equipped vehicles and pump the brakes if necessary on non-ABS vehicles.

Keep additional distance from other vehicles.

Watch carefully for snow removal equipment.

Do not pass without good distance and sight clearance.

Use extra caution on bridges, ramps, overpasses and shaded areas- they may freeze first.

If the vehicle begins to skid, steer in direction of the slide and slowly remove foot from accelerator.

Be aware of black ice.

CARRY WITH YOU: Tire chains; Flashlight; Spare batteries; Ice scraper; Cell phone for emergency communication; Snow shovel; Flares; Jumper cables; Small bag of sand for wheel traction; Extra winter clothes, coat, gloves, socks; Blanket or sleeping bag; Non-perishable foods, water; First aid supplies, prescription medication; Battery-operated radio; Candles, matches or lighter.

Have a safe winter season everyone!

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By Linda Callahan, Architectural Control Department Manager

Holiday Lights TAKE DOWN YOUR LIGHTS HOLIDAY LIGHTS CANNOT REMAIN on the residence year round. Lights

should be removed after the holiday, weather permitting.

According to the Architectural Control Rules Brochure (ACRB), Section 15, Misc. Provisions for Exterior Grounds, Storage and Structures, Item 15.14 reads as follows: Holiday and Traditional Displays vary widely. Displays and holiday decorations may be erected temporarily without a permit. Holiday decorations may be displayed no more than 30 days before or 14 days after a holiday (weather permitting).

Decorations for personal events (birthdays, weddings, homecomings, etc.) may be displayed no more than three days before and three days after the event. All other displays require ACC approval and must be in harmony with the requisite occasion (as appropriate) and surrounding structures and neighborhood. Lights may not shine so brightly as to be an unreasonable disturbance to neighbors or drivers and no sound devices are permitted for any decoration. All lighted displays must be turned off by 11 p.m. No display may obstruct the views from any other property.

take them down!

KKe ey ys s B Br re ee ez ze e

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NJ O A VN EUMA BR EY R 2 20 02 109

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2 266

Accounting

Report

By Don Havard, Accounting Manager THE ASSESSMENT PAYMENT SCHEDULE is included in every issue of Keys Breeze. Assessments are due on a quarterly

basis as indicated in the Assessment Payment Schedule below. No other payment plans have been approved by the board, so please pay your assessment in full according to the schedule.

QUARTERLY ASSESSMENT

DUE ON

1st Quarter 2nd Quarter 3rd Quarter 4th Quarter

January 1st April 1st

July 1st October 1st

LATE FEES APPLY AFTER

Mail payments to:

January 30th April 30th July 30th October 30th

Tahoe Keys POA P.O. Box 1026 Roseville, CA 95678-8437

Quarterly statements are mailed out as a courtesy, however, assessment payments are due even if the statement is not delivered by your mail courier.

Meetings and Approvals

At the December 21st, 2019 open meeting, the TKPOA Board of Directors approved the October Financial Statements, reviewed homeowner delinquent accounts and scheduled disciplinary hearings on delinquent accounts. There were no approvals for lien notices for delinquent homeowners to review. Disciplinary hearings are generally held when a homeowner is delinquent on two quarterly assessments.

The TKPOA Annual Disclosure and 2020 Budget was mailed out November 1st, 2019, and is also available on the TKPOA website. 314 homeowners opted to have the TKPOA Annual Disclosure and 2020 Budget sent to them via email rather than a hard copy in the mail, giving the Keys Breeze

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TKPOA a substantial savings on printing and mailing costs. If you also wish to participate in helping the Association to save money, you will find the “Consent to Receive Disclosures via Electronic Delivery� on page 33 of the Annual Disclosure. Simply complete the form and return it to the Association at TKPOA, 356 Ala Wai Blvd., South Lake Tahoe, CA 96150.

The December Finance Committee meeting was rescheduled for Tuesday, January 21st, 2020.

As a reminder, the Budget meetings, the Board meetings, and the Finance Committee meetings, and are open to members of the TKPOA (meeting dates are subject to change).

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TAHOE KEYS PROPERTY OWNERS ASSOCIATION OPERATING AND RESERVE FUNDS NET INCOME RESULTS AS OF NOVEMBER 30, 2019 (ACCRUAL BASIS)

Annual Expense Budget % Remaining Budget

Operating Funds (Year to Date) FUND

INCOME

EXPENSE

NET INCOME

BUDGETED EXPENSE

%

Reserve Funds (YTD) NET INCOME

TKPOA COMMON $2,217,781

$1,991,648

$226,132

$2,163,318

7.9%

$145,927

Water Quality

469,502

441,206

28,297

471,699

6.5%

(78,737)

Water Company

618,065

513,465

104,600

559,828

8.3%

198,169

$3,305,348

$2,946,319

$359,029

$3,194,845

7.8%

$265,359

Common

TKPOA TOTALS

SUBDIVISIONS Cove 1

$47,445

$51,511

(4,066)

$47,130

-9.3%

(54,976)

Cove 2

43,144

42,682

461

41,190

-3.6%

(18,571)

Cove 2A

64,074

79,564

(15,490)

63,496

-25.3%

84,249

Cove 3A

48,810

46,635

2,175

48,034

2.9%

(13,217)

Cove 3B

43,525

57,904

(14,378)

43,192

-34.1%

(134,113)

Cove 3C

81,664

85,036

(3,372)

81,820

-3.9%

28,250

Cove 4

45,506

38,234

7,273

43,116

11.3%

46,726

Cove 5

205,723

184,780

20,944

193,466

4.5%

152,829

Islanders I

22,450

25,551

(3,102)

22,506

-13.5%

26,078

Islanders II

39,950

45,239

(5,289)

39,524

-14.5%

(62,085)

Islanders III

87,522

80,878

6,643

80,888

0.0%

32,069

121,665

110,506

11,159

118,959

7.1%

14,194

38,123

65,985

(27,862)

37,620

-75.4%

27,530

PineStone East

1,196

1,209

(14)

1,206

-0.3%

42,628

PineStone West

893

707

187

752

6.0%

805

7,309

2,594

4,715

2,827

8.2%

7,641

$898,999

$919,015

($20,016)

$865,726

-6.2%

$180,036

$4,204,347

$3,865,334

$339,013

$4,060,571

4.8%

$445,395

12

8.3%

Tahoe Marina Shores Lighthouse Shores

PineStone 3 SUBDIVISION TOTALS ASSOCIATION TOTALS

ACCOUNTING REPORT

Operating Months Remaining

1

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TAHOE KEYS PROPERTY OWNERS ASSOCIATION OPERATING AND RESERVE FUND BALANCE RESULTS AS OF NOVEMBER 30, 2019 (ACCRUAL BASIS)

FUND

OPERATING

RESERVE

TKPOA Common

($11,397)

$683,438

$-

$190,100

Water Quality

150,615

26,143

Water Company

$51,853

476,012

TKPOA TOTALS

$191,072

$1,375,694

Com—Channels & Lagoons

SUBDIVISIONS Cove 1

$34,871

$214,140

Cove 2

41,300

140,065

Cove 2A

10,765

257,645

Cove 3A

11,752

240,684

Cove 3B

4,347

214,451

Cove 3C

19,819

394,812

Cove 4

40,720

247,471

Cove 5

($11,046)

862,177

Islanders I

30,828

242,900

Islanders II

8,548

123,836

Islanders III

14,250

464,014

Tahoe Marina Shores

39,095

81,298

Lighthouse Shores

35,653

281,453

PineStone East

5,769

73,388

PineStone West

3,083

10,955

PineStone 3

25,672

42,520

SUBDIVISION TOTALS

$315,425

$3,891,809

ASSOCIATION TOTALS

$506,498

$5,267,502

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2019 TKPOA Member Volunteer Reception

By Heather Blumenthal, Operations Manager THANK YOU TO OUR 2019 TKPOA VOLUNTEERS! TKPOA’s Annual

Volunteer Appreciation Reception was held at the Pavilion on the evening of Thursday, December 19th, 2019 to acknowledge our Volunteers’ time and commitment. It is the enthusiasm of volunteers and the mutual support of the members working together that makes the Tahoe Keys a great place to live!

Whether you volunteered for an event, served on a committee, assisted with elections, or participated in one of the many tasks necessary to run a successful community, the TKPOA would like to take this opportunity to thank all of you that have done so much in the past year.

YOUR WILLINGNESS, DEDICATION, AND CONTRIBUTIONS ARE APPRECIATED!

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0-1

5-1

439 ALA WAI #133

9

6-1

9-1

$1,059,300

9

5-1

11-

$525,000