Keys Breeze January 2021

REVISED AND AMENDED TKPOA BYLAWS MEMBERSHIP VOTE PG. 3 LAKE TALLAC LOT SALE — MEMBER CREDIT PG. 18

STATUS OF TAHOE KEYS LAGOONS AQUATIC RESTORATION PROJECT PG. 11

356 Ala Wai Boulevard South Lake Tahoe, CA 96150

Tahoe Keys Property Owners Association

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JANUARY 2021

Tahoe Key s P r oper t y O wne r s A s s oc ia t ion

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Here Are Your Tahoe Keys December 2020 Market Statistics: SINGLE FAMILY SOLDS: AVG. SOLD PRICE: SOLD DOM: % OF ASKING PRICE: ACTIVE: AVG. LIST PRICE: AVG.DOM:

SOLD

SOLD

DECEMBER

2020

TOWNHOUSES

10

DECEMBER 2020

3

SOLDS:

$1,092,400 ($510 sq. ft. avg.)

51

$546,000 ($412 sq. ft. avg.)

AVG. SOLD PRICE:

60

SOLD DOM:

96%

% OF ASKING PRICE:

12 (as of 12/31/20)

4 (as of 11/30/20)

ACTIVE:

$2,378,000 ($756/sq. ft. avg.)

47

101% $865,750 ($619/sq. ft. avg.)

AVG. LIST PRICE:

72

AVG.DOM:

This is your Tahoe Keys blank canvas waiting to be refashioned or refurbished. $699,000

Rare single story home with 80 feet of water frontage and large dock. $1,875,000

Exquisite waterfront chalet situated on prestigious White Sands Drive with large dock. $2,900,000

Breathtaking views from this refurbished Channel-front home w/ overwater deck/large dock. $2,100,000

Keys Breeze

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JANUARY 2021

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Revised + Amended TKPOA Bylaws Membership Vote

By Heather Blumenthal, Operations Manager ON BEHALF OF THE TAHOE KEYS PROPERTY OWNERS ASSOCIATION (TKPOA), I

Revised and Amended TKPOA Bylaws Membership Vote 3 Seek Care this Winter

4

TKPOA Rental Permit — 2021 Annual Fee 6 2020 Board Actions Summary

10

Status of the Tahoe Keys Lagoons Aquatic Restoration Project 11 TKPOA Calendar

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would like to thank all the TKPOA members that submitted a ballot for the Revised and Amended TKPOA Bylaws Membership Vote. A total of 594 ballots were returned representing over 30% of TKPOA members that were eligible to vote. To achieve a quorum for the vote we needed 509 valid ballots (33 1/3 of eligible owners), which was clearly achieved, and the minimum number of YES votes required was 256.

The TKPOA Board of Directors is proud to announce a “YES” vote has been achieved: 540 members voted “Yes.” Details of the ballot count are shown on the table below.

REVISED + AMENDED BYLAWS MEMBERSHIP VOTE BALLOT COUNT 12/16/20

Where in the Universe is Keys Breeze? 13

Total TKPOA Members

1,529

TKPOA Members Eligible to Vote as of 10/21/20

1,529

Lake Tallac Lot Sale

Total Ballots Received by 6:05 pm on 12/16/20

594

18

Working Together to Solve the Tahoe Keys Weeds Problem 20

Total of Invalid Ballots Received Total of Valid Ballot Envelopes Received

585

Cover Advisors Needed

22

Ballots Required for a Quorum (33 1/3 of Eligible Voters)

509

Speak Now

23

Votes Required for a Majority (50% of Valid Ballots + 1)

256

Ice Safety

24

Count of Yes Votes

540

2021 ACC Application Submittal Schedule

Count of No Voters

40

26

2021 Architectural Control Committee Meeting Schedule

26

Accounting Report

27

Update on the Bylaws & CCRs

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.

9

CONTINUED ON PAGE 8

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

Joe Sherry, PRESIDENT Dave Peterson, VICE PRESIDENT Kieron McCammon, TREASURER

Tom Callahan

Facilities Manager, Ext. 226

Sean Ward, SECRETARY

James Brooks

Bonnie Halleran, DIRECTOR

Project Coordinator/ Property Manager, Ext. 241

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

JANUARY 2021

Melvin Meyers, DIRECTOR Steven Shepherd, DIRECTOR

Daniel Larson

Operations Manager, Ext. 228

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Architectural Control Dept.

Manager, Ext. 239

Security (530) 545-0847

General Manager, Ext. 224

Front Desk Attendant Dial 0 2020–2021 BOARD OF DIRECTORS

Linda Callahan

Pool Supervisor (530) 545-4124

Kirk J. Wooldridge

Keys Breeze

Accounting Manager, Ext. 227

Bill Spicer

TAHOE KEYS PROPERTY OWNERS ASSOCIATION

Heather Blumenthal

Don Havard

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Seek Care this Winter Keys Breeze

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JANUARY 2021

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ACCIDENTS AND ILLNESS HAPPEN. Know where to go when you or a loved

one needs medical care.

Go to the EMERGENCY ROOM if you:

• Have chest pain or pressure after shoveling snow • Find that your skin stays numb, changes color, hardens, blisters, or

feels severe pain after you’ve been outside—these symptoms could indicate frostbite • Experience trouble breathing—cold air can affect respiration, especially if you have a lung disease like asthma or chronic obstructive pulmonary disease (COPD) • Have any sudden, severe problems that are life- or limb-threatening

Go to the URGENT CARE CENTER if you:

• Suspect a sinus or ear infection • Sprain or strain muscles or joints when you take a tumble on ice or

snow • Have flu symptoms and are in a high-risk group (including young children, people ages 65 and older, pregnant women, and people with certain medical conditions) or are very sick • Have an ailment or injury that needs fast treatment but isn’t life- or limb-threatening

Call the BARTON COVID-19 HEALTH LINE at (530) 600-1999 if you: • Experience any of the following symptoms, even mildly • Fever or chills • Cough • Shortness of breath or difficulty breathing • Fatigue • Muscle or body aches • Headache • New loss of taste or smell • Sore throat • Congestion or runny nose • Nausea or vomiting • Diarrhea

Been in contact with someone who is suspected positive for COVID-19 in the past 14 days

Know When to Go

Safe, high-quality medical care is available around the clock through Barton Health. Barton Urgent Care, located in Stateline, NV, just across the California-Nevada border in South Lake Tahoe, offers some of the same services as the 24/7 Emergency Department at Barton Memorial Hospital, such as X-rays and blood testing. However, Urgent Care does not treat life-threatening conditions. Call (775) 589-8901 before arriving at Barton Urgent Care. If you are experiencing a medical emergency, call 911. Also call facilities upon arrival for screening and guidance to enter.

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TKPOA Rental Permit – 2021 Annual Fee

By Heather Blumenthal, Operations Manager DURING THE OCTOBER 21ST, 2020 Board of Directors Regular Meeting, the Tahoe Keys Property Owners Association (TKPOA) Board approved the 2021 Operating and Reserve Budgets for Common, Water Company, Water Quality, and the Townhome Subdivisions. As part of the annual budget planning process the TKPOA Board, Finance Committee, and staff review fees and fines for the upcoming fiscal year, including the Annual TKPOA Vacation Home Rental (VHR) Permit Fee. These fees and fines are then approved as part of TKPOA’s Annual Budgets.

For the 2021 calendar year, the TKPOA Annual VHR Permit Fee has been set at $525 as approved as part of the 2021 Annual Budget. During the budget planning process for 2021, the Board appointed a VHR Programs Ad Hoc Committee to review TKPOA’s Annual VHR Permit fee and good faith estimate for the purpose of making recommendations to the Board for the 2021 TKPOA VHR Permit Program and fee.

At the September 16th, 2020 Joint Board of Directors and Finance Committee meeting, the Board of Directors approved the Ad Hoc Committee’s recommendation for an annual fee amount of $525 for 2021, this 2021 VHR Permit fee is to be prorated and billed monthly based on the VHR property’s CSLT VHR Permit expiration date during 2021.

Due to the passage of Measure T, vacation home rentals will not be allowed within residential zones in

K K ee yy ss BB rr ee ee zz ee

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the City of South Lake Tahoe after 2021 and CSLT VHR Permits, as well as TKPOA VHR Permits, will not be renewed after their 2021 expiration date.

The VHR Programs Ad Hoc Committee and TKPOA staff put together a good faith estimate of TKPOA’s reasonable costs associated with vacation rentals within the Association that includes maintenance of TKPOA Amenity facilities, use of TKPOA Amenity facilities by vacation renters, supply costs per department, staff time assisting vacation renters, staff time responding to vacation rental complaints and reporting, Water Quality expenses (for vacation renter boating), and other vacation rental related expenses.

The good faith estimate also includes revenue collected from the daily and weekly pool passes and vacation renter boat stickers (for their boats docked within the townhome dock areas) and compares TKPOA’s estimated 2021 revenue to the estimated 2021 vacation rental program expenditures. Based on the staggered VHR Permit expiration dates throughout 2021, it is anticipated TKPOA will see a decrease in VHR expenses for the year.

The TKPOA front desk operations typically has staffing at the TKPOA Pavilion Offices open from 8:30 am–4:30 pm seven days a week, Monday through Sunday.

Currently the front desk is closed on the weekends due to COVID-19 safety precautions. The normal front desk hours are to accommodate property owners, property owners guests, and vacation rental guests. Currently our process to sell recreational passes is not an integrated

JJ A AN NU UA A RR YY 22 00 22 01

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point of sale system, so the tracking of the types of “guests” these passes are sold to are through a manual system at the point of sale and also tracked at the point of entry at the indoor and outdoor pools.

Our TKPOA Maintenance, Landscaping, Water Company, Water Quality, and Security Department respond to issues and concerns that occur in our overall community, our common areas and townhome common areas that are at times the result of impacts from vacation renters, from nuisance issues to damage to TKPOA property or homeowner property and to the increased usage of TKPOA lagoons and waterways.

This is documented through Security Incident Reports, Maintenance Work Orders, Water Company and Water Quality Work Orders, Police Reports, Insurance Claims, Member Letters and Lawsuits filed against the TKPOA. As part of providing improved enforcement of the “Owner, Renter, and Vacation Policy, Rules, and Regulations” moving forward TKPOA staff has worked towards better classification of these nuisance calls.

This is a public relations process at best, and often times this depends on the cooperation of the actual occupants alleged of a nuisance complaint to provide the TKPOA staff with accurate information.

The TKPOA Board of Directors is allowed to implement an annual fee based on the provisions of the Davis-Stirling Act Civil Code section §5600. Duty to Levy Assessments; Fees to Defray Costs. “An association shall not impose or collect an

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assessment or fee that exceeds the amount necessary to defray the costs for which it is levied.” The “Watts vs.

Oak Shore Community Association” legal case gave the California Associations be ability to provide a good faith estimate that would be sufficient to determine this charge or fee. An Association can adopt different rules and fees for property owners who engaged in shortterm rentals.

Each year the TKPOA provides property owners through the annual billing and the Annual Disclosure a mailing of all the fees. TKPOA bases its VHR property list on the City of South Lake Tahoe’s (CSLT) VHR list of properties within the City that have a current, valid permit with the CSLT. TKPOA pulls the addresses within the Tahoe Keys from the list to determine which properties must also register as a VHR with the Association. The CSLT list can be found on the City’s website at www.cityofslt.us.

Information on TKPOA’s VHR Program can be found on the TKPOA website, www.tkpoa.com.

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REVISED + AMENDED TKPOA BYLAWS MEMBERSHIP VOTE CONTINUED FROM PAGE 3

The new restated and amended TKPOA Bylaws (Seventh Draft dated October 21st, 2020) can be found on the TKPOA website, www.tkpoa.com under Documents>>CC&R &Bylaws.

Member approval was needed because California law requires that any amendment to the Governing Documents (CC&Rs and Bylaws) be conducted by secret ballot in accordance with the Civil Code and the Association’s election rules and voting procedures.

Members have received the entire restated and amended Bylaws as required by Davis Stirling Civil Code Section §5515 (e) in an election to approve an amendment of the governing documents, the text of the proposed amendment shall be delivered to the members with the ballot.

It’s very important to have copies of these “Governing Documents” because you are expected to know and comply with all rules and regulations of the TKPOA. You will also want to stay informed by reading all materials provided by the TKPOA through

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the monthly Keys Breeze, “Email Eblasts”, Association mailings, and website information.

On behalf of TKPOA I would like to thank Leon Malmed, Inspector of Elections, who supervised the election and the tabulation of the result, as well as the election volunteers Joanne Donmoyer, Janet Baumann, Renee Landau, Mike Sukau, Karen Nighswonger, Patricia Malmed, Nina Davies, Catherine Bierwith, Sheri Masich, and Cathy Cliff, Bob Cliff, that donated their time on December 16th, 2020 to open and count ballots.

Additional information

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HAVE COPIES OF THESE “GOVERNING DOCUMENTS” BECAUSE YOU ARE EXPECTED TO KNOW AND COMPLY WITH ALL RULES AND REGULATIONS OF THE TKPOA.

Our website www.tkpoa. com is an important communication tool for our membership. We will continue to post to our website important information concerning the Governing Documents update project including Keys Breeze articles and meeting notifications for the Bylaws and CC&Rs Communication Ad Hoc Committee.

Questions or Requests for Information

Also, any additional questions can be answered by contacting the TKPOA front desk at (530) 542-6444 Monday through Friday 8:30 am–4:30 pm.

www.docksndeckslaketahoe.com Keys Breeze

IT’S VERY IMPORTANT TO

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Wishing you a healthy & happy New Year!

Barton Memorial Hospital 530.541.3420 Level III Trauma Center 24-Hour Emergency Care Open 7 Days a Week

Barton Urgent Care 775.589.8900 Holiday Hours

Christmas Eve and New Years Eve: 8am - 4pm Christmas and New Years Day: 11am - 4pm

COVID-19 Health Line 530.600.1999 Please call for clinical advice if you are experiencing COVID-19 symptoms.

bartonhealth.org

2020

BOARD ACTIONS SUMMARY

By Heather Blumenthal, Operations Manager

DECEMBER 16TH – EXECUTIVE SESSION BOARD ACTIONS • Reviewed seven personnel matters.

• Reviewed 10 contracts, no new contracts were approved.

• Reviewed three disciplinary matters; including two member hearings.

• Reviewed 18 legal matters, including ongoing issues with the Tahoe Keys Marina and Yacht Club (TKM&YC).

• Authorized filing a legal complaint for foreclosure on APN’s #022-322005-000, #022-221-011-000, #022-301-022-000, and #022-123-013000.

DECEMBER 16TH – BOARD OF DIRECTORS MEETING BOARD ACTIONS • Approved the October 2020 Financial Statements.

• Approved sending the East Channel East Bulkhead Replacement Project.

Request for Proposals (RFP) pending additional Board of Directors comments due by December 20th, 2020.

• Approved recording a lien against APN #022-032-003-000.

• Approved sending the Tahoe Keys Water Company Long Term Facilities Plan Request for Proposals (RFP).

• Approved a Property Owners Assessment Credit in the amount of $82.97 for the funds received from the Lake Tallac Property Sale.

• Accepted the Cove 3B Advisor’s, Stephan Kay, resignation due to the sale of his property.

• Appointed Ron Hoffman and Jeff Flairity to the Water Quality Committee.

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Status of the Tahoe Keys Lagoons Aquatic Restoration Project

By Kirk Wooldridge, General Manager and Andrew Kopania, Water Quality Committee - Chairperson

ON DECEMBER 11TH, 2020, the Tahoe Keys Property Owners Association

(TKPOA), received written notice of a “Regulatory Process Schedule Revision” for the TKPOA’s The Tahoe Keys Lagoons Aquatic Restoration Project from Mike Plaziak the Acting Executive Officer of the Lahontan Regional Water Quality Control Board (LRWQCB).

This letter was a follow-up from the LRWQCB public workshop for the Tahoe Keys Lagoons Aquatic Restoration Project on Thursday, November 19th, 2020. The LRWQCB conducted an informational workshop that provided an overview of the Basin Plan pesticide prohibition exemption process and National Pollutant Discharge Elimination System (NPDES) permitting process for this important TKPOA proposed project. As part of this workshop they also received public comments, and presentations from the Tahoe Regional Planning Agency (TRPA), TKPOA and LRWQCB staff on the status of the draft Environmental Impact Report/Environmental Impact Statement (EIR/EIS).

After the review of this Public Workshop and meeting with the TKPOA staff and Water Quality Committee (WQC) it has been recommended by the LRWQCB staff to shift the schedule from March 2021 to September 2021 to bring the Final EIR/EIS, proposed Basin Plan Prohibition Exemption, and proposed NPDES permit for the Tahoe Keys Lagoons Aquatic Restoration Project (Project) before the LWQCB Board of Directors.

Back in March 2019, LRWQCB staff expressed confidence that this overall permit action consisting of the above-referenced documents could be brought before the LRWQCB for consideration by spring 2021. In addition to this, Rob Tucker, LRWQCB Senior Water Resource Control Engineer, also attended the TKPOA Board of Directors – Regular Open Board meeting on March 16th, 2019 and provided an overview of the Basin Plan prohibition exemption, and proposed NPDES permit review timing at that meeting.

CONTINUED ON PAGE 14

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TKPOA JANUARY 2021 CALENDAR + BEYOND J ANUA R Y 2021

5 ACC Meeting – cancelled 9:00 am 20 Board of Directors Exec. Session 9:00 am 20 Board of Directors Regular Mtg. 5:00 pm 26 Finance Committee Mtg. 10:00 am

Town Hall Forum TBD

Water Quality Committee TBD

Tahoe Keys Blvd Median Subcommittee TBD

Bylaws and CC&Rs Communication Subcommittee TBD

TKPOA Visions Ad Hoc Committee TBD

Tahoe Keys Waterways Restoration Fund

(TKWRF-501(c)(3) – El Dorado Community Foundation TBD

FE B R U A R Y 2 0 2 1

2 ACC Meeting 9:00 am 17 Board of Directors Exec. Session 9:00 am 17 Board of Directors Regular Mtg. 5:00 pm 23 Finance Committee Mtg. 10:00 am

Town Hall Forum TBD

Water Quality Committee TBD

Tahoe Keys Blvd Median Subcommittee TBD

Bylaws and CC&Rs Communication Subcommittee TBD

TKPOA Visions Ad Hoc Committee TBD

Tahoe Keys Waterways Restoration Fund

(TKWRF-501 (c)(3) – El Dorado Community Foundation TBD

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

Until further notice, meetings will have limited in-person attendance. Members may also attend meetings via conference call and/or Webinar. Please contact the TKPOA front desk at (530) 542-6444 for details on member attendance.

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For more information about rates please call Kathy Hess-Slocum at (775) 846-5656 or email kathy@justimaginemktg.com.

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www.TahoeKeysRealty.com 12

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

SHOW 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.

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2021 PUBLICATIONS: Incline Village Crystal Bay IVCBA, Keys Breeze (Tahoe Keys Property Owners), North Lake Tahoe Visitor Guide, Somersett Living and Truckee.com Keys Breeze

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STATUS OF THE TAHOE KEYS LAGOONS AQUATIC RESTORATION PROJECT CONTINUED FROM PAGE 11

LRWQCB staff has also attended the past fifteen TRPA – Tahoe Keys Lagoons Aquatic Restoration Project Stakeholders Committee meetings since 2018. The TKPOA had also recently provided a revised Aquatic Pesticide Application Plan (A.P.A.P.), based on the LRWQCB staff’s recent request for revisions.

Unfortunately, conditions recently identified below by the LRWQCB staff have collectively contributed to this “Regulatory Process Schedule Revision” and a delay in this schedule: • In the fall 2019, the LRWQCB underwent a reorganization creating a temporary reduction in Staff available to work on the Project. That situation has been rectified for this Project.

• The LRWQCB experienced significant resource reductions due to COVID-19 early this year as select staff were re-assigned to address critical contact tracing needs levied by the Governor to address public health agency shortfalls. Those reassignments continue in our region, yet the workload has not diminished and has been redistributed among staff.

• Furloughs were implemented at the beginning of this fiscal year for all state employees. The consequence of the furlough is a reduction of two days per month in staff time and this has impacted the LRWQCB staff.

• Following release of the Draft EIR/EIS (middle/late summer 2020), LRWQCB staff began assisting with responding to over 3,000 comments submitted on the Draft EIR/EIS. The unanticipated volume of comments on this document has required significant staff resources to address.

• Work on the Basin Plan prohibition exemption and the draft NPDES permit revealed data gaps in the record supporting the prohibition exemption and NPDES permit. The LRWQCB staff concluded that the documents had either (1) not been updated to reflect significant changes to the Project proposal submitted in 2018; (2) had not undergone peer review required

by Basin Plan prohibition exemption criteria; or (3) had not been provided.

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The TKPOA staff, Water Quality Committee, contracted consultants, and related regulatory agencies do not fully agree with the last statement and will continue to investigate and respond to the three points in that statement. Based on a follow up meeting with LRWQCB staff, they will prepare a list of the remaining information needed to prepare the draft Basin Plan prohibition exemption and draft NPDES permit.

What does this “Regulatory Process Schedule Revision” (which means a proposed eight-month delay or more) mean to the TKPOA property owners? First, it means that if we had received approval in March 2021 as planned for the Tahoe Keys Lagoons Aquatic Restoration Project the TKPOA would have moved forward with the Small-Scale Herbicide Testing in the West Channel Lagoons in the spring of 2021 when the environmental conditions are optimal and in accordance with our application. This means we miss this window for the spring of 2021 to move forward with this test.

Based on receiving approval in September 2021 the Small-Scale Herbicide Testing in the West Channel Lagoons would be schedule for the spring of 2022.

Second, this means that the TKPOA will have to provide additional documentation and data to respond to the additional requests and reviews currently alleged by the LRWQCB staff. This additional work on the Tahoe Keys Lagoons Aquatic Restoration Project application will further support the basis for a legally defensible application and potential LRWQCB approval. Third, this means that the conditions for RESOLUTION TKPOA #2019-0087 “Authorization to Pursue Regulatory Approvals for the Use of Aquatic Herbicides to Control Aquatic Invasive Weeds in the Tahoe Keys Lagoons” that was approved by TKPOA property owners vote will not be met in March 2021 that would have resulted in the “Third Payment of the Special Assessment.”

This “Third Payment” would be not more than $600 conditioned on successful completion of the EIR/EIS required by the California Environmental Quality Act (CEQA) 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. Based on this delay in the decision process and delay of the potential

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successful completion of the EIR/EIS, the TKPOA is now facing a funding issue for the work that may need to be performed to keep this process on track, as well as any additional work the TKPOA may want to perform in support of this application for the next eight months or more.

Moving Forward

Based on this “Regulatory Process Schedule Revision” that is causing a proposed eight-month delay, the TKPOA WQC will be continuing to work on the Aquatic Invasive Weed Control Methodology Test Project application support as well as implementing and evaluating some of the non-herbicide alternatives submitted as part of our application in the West Channel Lagoons. The TKPOA WQC and Water Quality Staff will also be contacting the Regulatory Agencies, Environmental Non-Profit Groups, member agencies of the Stakeholders Committee and Stakeholders Consultation Circle (SCC) that have been participating in the Tahoe Keys Lagoons Aquatic Restoration Project Stakeholders Committee meetings—conducted by the TRPA and Zephyr Collaboration for the support of the EIR/EIS process, to determine if there is any grant funding and/or Tahoe Keys Waterways Restoration Fund 501(c)3 (TKWRF) donations available.

Based on the support identified, potential grant funding, TKWRF Funding and other TKPOA funding the following projects are proposed for the 2021 summer: • Continue the implementation of the Water Quality Assessment Second Payment Special Assessment Projects as approved by TKPOA Membership Vote • Continue the testing and evaluation of the existing TKPOA Lagoon Water Circulation System • Additional small-scale pump installations for lagoon water circulation system augmentation and evaluation • Additional West Channel Lagoon Bubble Curtain installation and evaluation • Support of Bubble Curtain installation in the East Channel (TRPA funded) • Evaluation of current Laminar Flow Aeration (LFA) system installation

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• Additional small-scale LFA systems installation and evaluation • Ultraviolet (UV) light treatment applications and evaluation • Small-scale diver assisted hand AIS weed removal with suction implementation and evaluation • Floating Wetlands Program installation and evaluation • 2022 proposed TKPOA Small-Scale Herbicide Testing Project Planning • Ongoing evaluation of TKPOA Weed Harvesting programs to meet LRWQCB Waste Discharge Requirements (WDR) As demonstrated, there is still additional work that can be done to move the Tahoe Keys Lagoons Aquatic Restoration Project forward with the best support of tested and scientifically based programs during this unfortunate delay.

All of our Water Quality work and the 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.

Questions or Request for Additional Information

Please check the project website: www.tahoekeysweed. org for public workshops, outreach materials and additional information. Also contact the TKPOA front desk at (530) 542-6444 Monday through Friday 8:30 am–4:30 pm and additional information can be found on the TKPOA website at www.tkpoa.com, and www. keysweedsmanagement.org.

For more information or to make a donation to the Tahoe Keys Waterways Restoration Fund 501(c)(3) (TKWRF) contact the El Dorado Community Foundation at (530) 622-5621 or through their website: www. eldoradocf.org.

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TAHOE KEYS WATER COMPANY—

UPDATE

By Daniel Larson – Water Company/ Water Quality Manager THE TAHOE KEYS WATER COMPANY (TKWC) sent a letter

dated December 22nd, 2020 to all Tahoe Keys Property Owners Association (TKPOA) property owners which included the State Water Resources Control Board (SWRCB) Tier 2 Notification regarding the presence of Uranium in Well #2. The TKWC staff have been receiving calls regarding the safety of the water from our wells.

We are communicating with the SWRCB on a regular basis and continue to monitor the contaminate levels (Uranium, Arsenic, and PCE) on a modified schedule. The TKWC staff are committed to providing safe water to our customers. To address these concerns, we can state the TKWC water does not present a health risk and yes, it is safe to drink.

Naturally occurring Uranium and Arsenic has been detected in our TKWC [ID# 0910015] Water Distribution System in minimal levels since 2016. Our Well #2 has recently tested in excess of the Maximum Contamination Level (MCL) that is determined safe by the Environmental Protection Agency (EPA) and the SWRCB. On November 17th, 2020, Well #2 has tested for Uranium at 45.5 ppb which is above the SWRCB MCL of 30 ppb. The EPA defines the MCL in “parts per billion” (ppb) and the SWRCB defines the MCL in “picocuries” (pCi/L). (TKPOA test 28.5 pCi/L MCL 20.0 pCi/L) We notified the SWRCB immediately when we received our test results indicating elevated Uranium levels and took Well #2 off-line completely and isolated it from the water distribution system. As stated above we also notified all TKPOA property owners via mail on December 22nd, 2020, which included a letter from TKWC, EPA information on Uranium, and the SWRCB Notification, a copy of the information on the TKPOA webpage a www.tkpoa.com, and on the Pavilion bulletin board.

Our source waters are now sampling for elevated levels of natural occurring Uranium and Arsenic at all Keys Breeze

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three TKWC Wells. Wells #2 and #3 are either above the MCL or exceeding the benchmarks established by the Environmental Protection Agency (EPA) and our governing agency, the State Water Resources Control Board (SWRCB) for Uranium. Neither of these two wells are currently above the MCL for Arsenic even though Well #2 did spike above the MCL once. Well #1 is notably below the MCL for both Arsenic and Uranium, however it has sampled above 3.6 ppb for Perchloroethylene (PCE).

Currently, we have configured Well #1 as our primary water source and restricted Well #3. The TKPOA Board of Directors have approved additional sampling and testing to ensure we stay ahead of any significant changes in our well water supply quality.

Well #1 has tested slightly above ½ MCL for Uranium and is operating as our primary water source. Well #1 is capable of pumping slightly over 1000 GPM which should be adequate for the winter months. However, we are not sure what effect the continual operation of Well #1 as the primary water source will have on its PCE levels. Well #1 has tested recently at 3.6 and 3.4 ppb for PCE which is under the 5 ppb MCL but is close enough to warrant weekly monitoring.

Well #3 has tested slightly above the MCL for Uranium two consecutive quarters, and in compliance with the “Compositing Rule (40 CFR 141.26(4))” if the next two quarterly samples test in excess of the MCL, the TKWC will be in violation of exceeding the MCL for Uranium. The Compositing Rule defined when testing for radionuclides (Gross Alpha, Radium, and Uranium) compliance will be determined by the “Average Analytical Results (AAR)” of four consecutive, quarterly tests in one year. If the sum of these four tests divided by four is greater than the MCL (30 ppb) the water purveyor is in violation of the MCL. Well #3 is capable of pumping slightly in excess of 1200 GPM and is currently operating as our secondary water source if it is needed to help keep up with demand.

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16

STATE WATER RESOURCES BOARD MONITORING FREQUENCY < Detection Limit

1 Sample Every 9 Years

≤ Detection Limit and ≥ One-half MCL

1 Sample Every 6 Years

<One-half MCL ≥ the MCL

1 Sample Every 3 Years 1 Sample Per Quarter Until Results from 4 Consecutive Quarters ≤

> MCL

MCL EPA: MCL 30 ppb, SWRCB: MCL 20pCi/L

To convert between pCi/L and ppb is an easy conversion (example 30 ppb X .67 = 20 pCi/L and 20 pCi/L X 1.49 = 30 ppb.)

The TKWC also has an inter-tie with South Tahoe Public Utility District (STPUD) which is approved by our SWRCB permit to provide up to 478 GPM in case of emergency. However, this inter-tie is solely owned and operated by STPUD. The TKPOA staff and Board of Director will be in communication with the STPUD to determine our options to meet our demand.

These two contaminates are not uncommon in ground water sources here in California and around the Country, and there are tested, and proven, methods for removing these contaminates safely and reliably which are currently in operation around the Country.

In addition to these contaminates, most of you are aware that the Water Purveyors in the South “Y” have been confronting an issue with Perchloroethylene (PCE) for past thirty years. PCE is a man-made chemical that has been deposed of improperly and has found its’ way into the local aquifers and ultimately our water supply.

In 2008, the contamination level for PCE at our Well #2 exceeded the MCL that is determined safe by the EPA, and SWRCB. The TKPOA had to shut down Well #2 until an approved treatment process could be installed. In 2010 Well #2 was placed back online with two 20,000 lbs. Granular Activated Carbon (GAC) vessels and carbon media to filter out the PCE. We continue to sample and test all three wells on a regular basis to monitor our water supply for PCE. Well #2 is still above the MCL but with the GAC filtration system it is PCE free. Our Well #3 has tested positive PCE once, and it was a very minimal level, Well #1 has traces of PCE contamination but it is currently below the MCL. Keys Breeze

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On December 16th, 2020, the TKPOA Board of Directors have approved the immediate release of a “Request for Proposal” to water system Engineers and Consultants to analyze the most expedient solution to our contamination problems through a “Long Term Facilities Plan.” This plan will also address the ongoing PCE plume contamination that could affect the TKPOA water supply in the future.

The TKWC is optimistic we will be able to provide sufficient amounts of water to meet the demand through the winter months, however the summer months may become a challenge. If you recall last summer when we temporarily lost power to the Well #3 VFD and lost pressure in the distribution system, the TKWC had to issue a “Boil Water” mandate. The TKWC estimated we were losing close to 2,000 gallonper-minute on the ground via the irrigation of Common Areas and Residential Landscaping, which significantly contributed to the loss of water pressure in the system.

Possibly the most pressing question, right now, since we all consume the water is, “what are the health risks?” The Federal and State experts define the risks to Public Safety and we react accordingly. The MCL is the threshold the experts have determined is the maximum level of a contaminate which can be consumed before presenting a risk to Public Health.

For more information contact the TKPOA Water Company at (530) 542-6451. For any Water related Emergencies please contact our 24-hour number at (530) 318-4268.

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17

LAKE

Your December billing statement will detail the

TALLAC L O T

credit added to your account for you to use against your future quarterly assessment fees.

S A L E

By Keiron McCammon, Board Treasurer IN AUGUST 2019, we all voted to approve the sale of the new

buildable lot (620 Tahoe Keys Blvd.) separated from our 2016 purchase of the Lake Tallac Lagoon Property. The intent was to use the proceeds from this sale to pay back $167,285 owed to our Common Reserve due to unexpected legal fees incurred in previous years related to Tahoe Keys Marina & Yacht Club (TKM&YC), with any money leftover going to offset our 2020 operating expenses (resulting in a lower quarterly assessment fee for 2020).

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18

The lot sold in August of this year for $250,000, and after fees and expenses related to the sale, we received a total of $235,985 in net proceeds.

As part of the 2020 budget, the Board had estimated the net proceeds from the sale would be $265,000 and had expected there to be $97,715 leftover, after repaying our Common Reserve, to offset operational expenses that year. So we were about $30,000 short, unfortunately.

Suffice to say, 2020 has been an unusual year by all measures.

Even though the sale’s net proceeds were less than budgeted, we had a couple of unexpected but helpful surprises this year budgetwise.

The first was a legal judgment in our favor against TKM&YC, reimbursing us for a portion of three years of legal action related to the enforcement of the 1991 Stipulated Judgment that established, amongst other things, our right to launch our boats for free. We were awarded by the Court $98,006 in legal fees (versus $181,466 that we spent), and TKM&YC finally paid us $105,789.55 in 2020, which included late fees and additional court costs. We used this payment to repay a good portion of the money owed to our Common Reserve, leaving an outstanding balance of $61,486 to be repaid.

The second is unfortunate, but due to COVID-19 safety measures resulting in the closure of our indoor pool and front office, among other things, our operating expenses have been tracking significantly under budget.

These two things combined meant that less of the Lake Tallac lot’s sale proceeds were required to repay what was owed to our Common Reserve and fund our 2020 operations.

After careful review, the Finance Committee unanimously recommended that $126,784 of the Lake Tallac lot sale be returned to homeowners as an $82.97 credit to their accounts. On December 16th at the Board of Directors Regular Board Meeting, the Board approved this credit.

It was the opinion of the Board that these funds should be distributed to homeowners in light of the original ballot to purchase the Lake Tallac Lagoon Property, which stated: “...any funds recovered will be returned to the TKPOA members either as a credit against future assessments or by check to TKPOA members of record at the time a distribution is made.”

Your December billing statement will detail the credit added to your account for you to use against your future quarterly assessment fees. Your 1st Quarter 2021 statement will list this $82.97 credit and your “Amount Due” will reflect that this credit has been deducted from the 1st Quarter’s Assessment.

If you have any questions or concerns, as always, please don’t hesitate to reach out. You can email me at keiron@mccammon. me, or contact the TKPOA office at (530) 584-6444, Monday through Friday, 8:30 am to 4:30 pm.

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JANUARY 2021

After careful review, the Finance Committee unanimously recommended that $126,784 of the Lake Tallac lot sale be returned to homeowners as an $82.97 credit to their accounts.

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19

Dear Tahoe Keys Property Owners: MANY OF US LIVE AND PLAY HERE because we know Lake

Tahoe is a special place. I feel fortunate to have spent the last 11 years serving as Executive Director of the Tahoe Regional Planning Agency (TRPA). A bistate compact created our agency 50 years ago to lead the regional initiatives to protect Lake Tahoe’s environment and strengthen our communities.

Aquatic invasive species pose an enormous threat to our treasured lake. They destroy ecosystems around the globe and with them biological balance and economic stability. Since 2008, TRPA has been leading a broad collaborative partnership to combat invasive species in the Tahoe Region. As many of you know, we inspect every boat that enters Lake Tahoe to prevent new invasions, in addition to implementing control and eradication projects around the lake.

Aquatic invasive weeds in the lagoons of the Tahoe Keys are growing out of control and are considered the number one priority for treatment. The shallow, warm waters in the Tahoe Keys create conditions favorable to the growth of aquatic weeds, causing the water’s murky green hue throughout the summer and greater risk of toxic algal blooms.

The Tahoe Keys lagoons comprise the biggest aquatic weed infestation in Lake Tahoe at 172 acres.

This infestation is more than five times larger than the Keys Breeze

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combined area of all other marinas around Lake Tahoe. A science-based plan produced by the University of Nevada, Reno identifies the Tahoe Keys lagoons as the primary source for new infestations around the lake.

This fall, we quickly deployed a team to work on a weed infestation of more than 100 acres just outside the Tahoe Keys west channel, with an initial investment of $150,000 of public and non-profit funds. This additional infestation within Lake Tahoe will be an ongoing project for the next few years that will require more resources to curb the spread.

We know that the Tahoe Keys Property Owners Association has been working on the aquatic weeds problem for decades, with significant time and financial investments. Despite that attention, we’ve lacked consensus on a path forward with support from the diverse interests of agencies, the public, and private property owners. Meanwhile, the weeds in the Tahoe Keys have grown worse with every passing year.

I am grateful for your support and commitment to fighting aquatic invasive species in your backyard. You and your property owners’ association have tried and tried again, yet comprehensive solutions are elusive. Your work is appreciated and has shown us that the scale of this problem does not lend itself to any single solution.

More generally, what decades of experience has revealed to everyone is that to solve the lake's toughest, most vexing problems — like invasive weeds at the

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20

Tahoe Keys — it often takes a much more collaborative approach to reach a total solution.

Several years ago, we shifted our mindset to make the Tahoe Keys weeds infestation our collective problem.

We agreed to move forward together with the common interest of protecting the Tahoe Keys, the lake, and Tahoe's $5 billion economy. The collaborative approach engages property owners with agencies, key stakeholders, and the public as partners rather than adversaries.

With this collective goal in mind, TRPA set out to secure funding to contribute toward a supported solution. TRPA worked at the federal level for several years seeking special sources of funds and, over the last 3 years alone, we've contributed over $2 million to the cause. Those dollars from the federal Lake Tahoe Restoration Act and the U.S. Army Corps of Engineers funded: • The technical studies and a comprehensive analysis of environmental impacts.

• A facilitator to help work with stakeholders and the public.

• Contributions to various treatment methods.

aquatic weeds within the Tahoe Keys lagoons.

This summer, we released a Draft Environmental Impact Statement/Environmental Impact Report analyzing the potential effects of the tests of all available methods. Studies over the last two years show no harmful effects from the pilot test as proposed. The only thing that will have a significant negative environmental effect is to delay the tests and maintain the status quo.

Lake Tahoe’s sensitive environment warrants moving carefully toward a final remedy, using testing first to assess effects without waiting so long that the problem becomes irreparable. Time is running out and we must act.

Finding solutions to control and prevent aquatic weeds in the Tahoe Keys lagoons is not an easy problem to solve. The heart and success of hard solutions in Tahoe have been built as public private partnerships like this one we’ve created. We look forward to continuing to be a partner with you through every step of this journey.

In the meantime, I encourage you to visit www. tahoekeysweeds.org to learn more about the proposed test project and next steps.

Your committed partner in battling aquatic weeds,

TKPOA’s proposed pilot test would assess a variety of aquatic weed control methods, such as ultraviolet light, laminar flow aeration, and aquatic herbicides.

This proposed test project will help determine which combination of methods is most effective in controlling

Joanne S. Marchetta

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TRPA EXECUTIVE DIRECTOR

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21

COVE ADVISORS NEEDED COVE ADVISORS NEEDED FOR BAVARIAN ISLE, ALOHA ISLE, ST. MORITZ, COVE 3B, ISLANDERS I, AND MOUNT TALLAC VILLAGE III 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 Operations Manager Heather Blumenthal, or turn in at the Pavilion Office located at 356 Ala Wai Blvd, South Lake Tahoe, CA 96150.

Sincerely,

Carl Frederick COVE 3A ADVISOR CO-CHAIR ADVISOR COMMITTEE

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22

Speak NOW

By Keiron McCammon, Treasurer

IN 2016, we had a record number of members vote on the ballot to purchase the Lake Tallac Lagoon Property. In total, 914 out of 1529 of us cast our ballots; that’s a pretty impressive percentage of homeowners that wanted their voice heard.

It’s time for your voice to be heard once again!

Please take a moment to participate in the 2020 member survey:

https://bit.ly/tkpoa-2020

Your Board needs your input to better shape our actions for the next year and guide our thinking going into the 2022 budget planning. Let us know what you think. It’ll only take 10 minutes and is completely anonymous unless you choose to give us your contact information at the end. The Board will treat all responses confidentially.

We want to get as many members as we can to participate. We want to hear from both single-family homeowners and townhome/cove homeowners. We want to hear from full-time residents and second-home owners. We want to hear from those who have owned/lived here for fifteen, twenty, or thirty years and those who have only recently joined our community.

Tell us what the best aspects of owning/living in the Tahoe Keys are?

What are the worst parts? Do you feel the quarterly assessment of $735 for 2021 is too much, just right, or too little? Is there something that you think is missing from the Tahoe Keys you would like to see in the future?

Here’s the URL for the survey, simply type it into your browser:

https://bit.ly/tkpoa-2020

Or better still, scan this QR code with your phone’s camera: If you prefer pen and paper, here is a link to a printable survey that you can fill in by hand and mail to the Pavilion or drop it off at the front desk:

http://bit.ly/tkpoa-2020-download Tahoe Keys Property Owners Association 356 Ala Wai Boulevard South Lake Tahoe CA 96150

You can also stop by the Pavilion and request a paper survey if you cannot print it yourself.

The survey will close at the end of January, so don’t wait! It’ll only take 10 minutes. Once all the responses are in, we’ll share the results with everyone in a future Keys Breeze.

If you have any questions or concerns, you can email me at keiron@ mccammon.me.

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23

NOW THAT WINTER HAS ARRIVED and the Tahoe

Keys lagoons and waterways are covered with ice and snow, it is important to think about ice safety. TKPOA Water Quality and Security Departments along with the South Lake Tahoe Fire and Rescue recommend you never venture out on our frozen lagoons and waterways, as they are extremely unsafe. Please keep in mind:

Never allow children or pets to venture onto the ice.

In the event they fall through the ice, there is a high probability of injury or death. TKPOA rules pertaining to pets and City of South Lake Tahoe Animal Control Codes do not allow an unleashed pet to run or play on the ice.

By Gregory Hoover, AIS Management Coordinator/ Water Quality Supervisor

Recognize that ice will never be completely safe.

Conditions, and unseen or unknown factors, can render seemingly safe ice suddenly dangerous. Take all care and precautions to avoid mishaps and make sure you have a rescue plan in place, i.e.; throw able flotation device with an attached rope, for those who live on the water. Having a safety plan in place, should you see an ice incident, can save lives.

Understand that ice strength is not the same everywhere, not even on the same body of water.

It is difficult to judge the strength of ice based on appearance alone. Other factors including snow cover, currents, bubblers to prevent ice around boats, distribution of the load on the ice, schools of fish, and other factors affect the thickness and safety.

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24

Find an alternative to playing on the lagoons.

Skaters can go to Heavenly Village Ice Rink (530) 542-4230 or the South Tahoe Ice Arena (530) 544-7465. There are many interesting trails in and near the Tahoe Keys for walking and snowshoeing.

All people who venture out during winter should carry emergency supplies no matter how long they plan to be out or where they plan to go. Always make sure that someone knows where you are going and when you are expected to return.

Vacation Home Rental (VHR) Properties

Please inform your renters that the ice within our community is unsafe. Renters and their families should refrain from walking on it for their own safety. Refrain from throwing rocks, trash and other items on the ice.

TKPOA signage near waterways.

TKPOA WQ signage in the LFA Project Site.

Laminar Flow Aeration (LFA) Project Area

In the spring to 2019, the Water Quality Department introduced a new project in the TKPOA waterways. This project consists of 10 diffuser and over 8,000 feet of high pressure hose which covers approximately six acres of waterways operates nonstop throughout the year. One of the project goals is to have a continuous circulation of the water column. This will reduce the waterâ&#x20AC;&#x2122;s ability to freeze and if it does freeze the ice will be thin and un-uniform which makes this area extremely dangerous. The LFA project is located in the waterways that are north of Venice Drive and between Christie Drive and Lucerne Way (refer to picture to the right).

The TKPOA WQ staff has placed ice caution signs around the TKPOA waterways to remind the members, renters and visitors about the threat that ice pose (refer to pictures to the right).

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25

2021 ACC APPLICATION SUBMITTAL SCHEDULE Submittal Deadline (Wednesday prior to the meeting) December 30, 2020 January 27 February 24 March 31

2021 ARCHITECTURAL CONTROL COMMITTEE MEETING SCHEDULE

April 14 April 28

JANUARY 5 CANCELLED

FEBRUARY 2

MARCH 2

APRIL 6 & 20

MAY 4 & 18

JUNE 1 & 15

JULY 6 & 20

AUGUST 10 & 24

SEPTEMBER 14 & 28

OCTOBER 12

NOVEMBER 9

DECEMBER 7

May 12 May 26 June 9 June 30 July 14

IMPORTANT! ACC Meetings have been moved from Mondays to Tuesdays for 2021.

August 4 August 18

All meetings are held at the Pavilion and begin at 9:00 am 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.

September 8 September 22 October 6 November 3 December 1

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26

MAIL PAYMENTS TO:

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.

THE ASSESSMENT PAYMENT SCHEDULE is located towards

the back of every Keys Breeze issue.

Assessments are due on a quarterly basis as indicated in the assessment payment schedule. No other payment plans have been approved by the board, so please pay your assessment in full according to the schedule.

QUARTERLY DUE ASSESSMENT

Qtr 1 Qtr 2 Qtr 3 Qtr 4

Jan. 1

April 1

July 1 Oct. 1

LATE FEE APPLIES AFTER

Jan. 30 April 30 July 30 Oct. 30

Meetings and Approvals

At the December 16th, 2020 Open Board Meeting, the TKPOA Board of Directors, approved the October Financial Statements, reviewed homeowner delinquent accounts and scheduled disciplinary hearings on delinquent accounts. There was one approval for lien notices for delinquent homeowners. Disciplinary hearings are generally held when a homeowner is delinquent on two quarterly assessments.

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At the December 15th, 2020 the Finance Committee meeting, the Committee reviewed and approved the October Financial Statements, reconfirmed their recommendation for a possible credit to TKPOA members due to the surplus from the sale of the lot on Lake Tallac and a surplus in the Common operating funds due to savings from COVID-19 restrictions.

The Finance Committee also heard a report from the General Manager on the 2021 Water Quality Funding for Tahoe Keys Lagoon Restoration Projects and Support of the EIR/EIS Process. The 2020 legal expenses were reviewed.

The next meeting for the Finance Committee is scheduled for Tuesday, January 19th, 2021. 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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27

TAHOE KEYS PROPERTY OPERATING AND RESERVE FUND BALANCE RESULTS AS OF OCTOBER 31, 2020 (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 Common

$2,436,600

$1,664,478

$772,121

$2,285,346

27.2%

$569,971

Water Quality

462,373

463,084

(711)

528,161

12.3%

402,119

Water Company

631,866

579,362

52,504

657,859

11.9%

(126,076)

$3,530,838

$2,706,924

$823,914

$3,471,366

22.0%

$846,014

TKPOA TOTALS

SUBDIVISIONS Cove 1

$69,999

$60,276

$9,723

$69,043

12.7%

(36,468)

Cove 2

68,689

53,746

14,943

63,052

14.8%

31,982

Cove 2A

98,415

89,339

9,077

95,611

6.6%

(16,045)

Cove 3A

76,546

56,867

19,679

72,940

22.0%

52,906

Cove 3B

69,161

61,392

7,769

63,545

3.4%

33,828

Cove 3C

132,470

107,111

25,359

131,063

18.3%

(13,061)

Cove 4

53,878

42,386

11,491

54,785

22.6%

(99,617)

Cove 5

260,670

218,791

41,879

249,791

12.4%

111,054

Islanders I

34,488

28,843

5,645

33,111

12.9%

9,385

Islanders II

63,768

61,145

2,624

60,961

-0.3%

32,228

Islanders III

130,132

105,296

24,836

120,461

12.6%

45,626

183,046

145,148

37,898

167,149

13.2%

19,306

37,709

29,510

8,199

37,769

21.9%

(85,742)

1,230

1,006

224

1,242

19.0%

58,006

774

671

103

807

16.8%

1,943

5,871

2,462

3,409

2,961

16.9%

14,891

SUBDIVISION TOTALS

$1,286,846

$1,063,989

$222,857

$1,224,291

13.1%

$160,223

ASSOCIATION TOTALS

$4,817,685

$3,770,913

$1,046,772

$4,695,657

19.7%

$1,006,237

12

16.7%

Tahoe Marina Shores Lighthouse Shores PineStone East PineStone West PineStone 3

Operating Months Remaining

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OWNERS ASSOCIATION OPERATING AND RESERVE FUNDS NET INCOME RESULTS AS OF OCTOBER 31, 2020 (ACCRUAL BASIS) FUND

OPERATING

RESERVE

TKPOA Common

$285,647

$1,129,444

$-

$460,273

Water Quality

$166,525

$410,284

Water Company

$83,973

$492,325

TKPOA TOTALS

$536,146

$2,492,325

Comâ&#x20AC;&#x201D;Channel and Lagoons

SUBDIVISIONS Cove 1

$33,404

$177,534

Cove 2

40,444

172,519

Cove 2A

8,016

246,058

Cove 3A

17,260

282,457

Cove 3B

(5,409)

247,431

Cove 3C

23,506

371,573

Cove 4

47,900

147,481

Cove 5

(23,439)

971,020

Islanders I

27,501

254,278

Islanders II

707

145,928

Islanders III

7,367

509,460

Tahoe Marina Shores

47,668

100,790

Lighthouse Shores

34,047

195,651

PineStone East

5,937

131,352

PineStone West

3,170

12,862

PineStone 3

24,981

57,586

SUBDIVISION TOTALS

$293,059

$4,023,981

ASSOCIATION TOTALS

$829,205

$6,516,306

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29

A trus

A trusted nam

on the Bylaws & CC&Rs By the TKPOA BYLAWS and CC&Rs Communication Ad Hoc Committee

The Ta NEW BYLAWS APPROVED — The vote on the Adoption

of Amended and Restated Bylaws was approved by the membership. The ballots were counted during the general Board meeting held December 16, by the Inspector of Election, Leon Malmed and eleven volunteers, at the TKPOA Pavilion. Official results were 540 votes “Yes” and 45 votes “No” out of a total of 585 valid ballots received. There were an additional nine ballots received that were invalid for a total of 594 ballots received overall. The “new” Bylaws are now in effect and will be integrated into operations and procedures by the Board and staff.

Thank you to everyone who voted and a special thank you to Leon and all the volunteers!

CC&RS COMING UP NEXT — Plans to update the CC&Rs should kick off later this month, starting with a comprehensive review of the proposed CC&Rs (4th Draft) by the members. This will be a major challenge since the current CC&Rs were last amended and restated in 1991—30 years ago. The review process should take about two months and will include reviews

by TKPOA committees, a Town Hall, and use of the TKPOA website Forum. After the review, the Board will evaluate member input and approve a final draft Keys Breeze

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allow Pe

for a member vote sometime in May or June.

The Tahoe Keys re

allow Peter to guide

Look for an Eblast announcement!

For questions about these projects, members may contact Committee members Albert Chandler at al@ atchandler.com or Ken Silveira at ken-sil@msn.com.

Members may also contact General Manager Kirk Wooldridge, at kwooldridge@tahoekeyspoa.org, the TKPOA Office at (530) 542-6444, ext. 224. For additional information and assistance, the TKPOA administrative staff is available by phone at (530) 542-6444 from 8:30 am–4:30 pm, Monday through Sunday or via email at info@tahoekeyspoa.org.

JANUARY 2021

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30

PETER

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PETER D E LILLI TAHOE KEYS REAL ESTATE sted PETER name in Tahoe real estate for over 30 years.

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me in Tahoe Keys real estate for over 30 years.

1959 Marconi Way | Just Listed 3 Bd 2.5 Bth 2455 Sq. Ft. $1,599,000

ahoe Keys real estate market is always changing. Whether buying or selling,

eter to guide you using his expertise and reliable service to get the job done!

eal estate market is always changing. Whether buying or selling,

e you using his expertise and reliable service to get the job done!

1961 Kokanee Way | Just Listed

2071 Venice Drive #298

5 Bd 3 Bth 2755 Sq. Ft. $1,749,000

3 Bd 2 Bth 1281 Sq. Ft. $449,000

PETER DELILLI 530.308.4331

Call or email me and I can quickly tell you the CalBRE# 00923047 2141 Texas Avenue | Sold 2176 Morro Drive R DELILLI 530.308.4331 3 Bd 2 Bth 2024 Sq. value your property 4 Bd 2.5 Bth 2107 Sq. Ft. $910,000 Ft. or $890,000 Call email me of and Keys Real Estate Expert and Resident PeterDeLilli3@gmail.com I can quickly tell you the PeterDeLilli.com for all Tahoe Keys properties E# 00923047 value of your property Tahoe Keys Real Estate Expert and Resident

eLilli3@gmail.com

DeLilli.com for all Tahoe Keys properties

PETER DELILLI Selling Tahoe Keys since 1986

530.308.4331 PeterDeLilli3@gmail.com CalDRE# 00923047

Mike Sells the Tahoe Keys Representing Buyers and Sellers...

I sold all of these Tahoe Keys Homes.

If you are looking for a hard working realtor who knows the Tahoe Keys market, give me a call.

I will tell you over the phone what your home is worth!

MIKE WYATT 530-545-1735 TahoeKeys@hotmail.com MyTahoeKeysRealtor.com BRE# 01228040