Keys Breeze July 2022

JULY 2022

Ta h oe Ke y s Pr o p e r t y O wn er s A s s oc i a t i on

TKPOA MANAGEMENT TRANSITION PG. 22 2023 BUDGET PROCESS

CC&RS VOTE!

PG. 24

PG. 12

356 Ala Wai Boulevard South Lake Tahoe, CA 96150

Tahoe Keys Property Owners Association

PRSRT STD U.S. POSTAGE PAID DENVER, CO PERMIT NO.5377

You Know Me. And I Know the Tahoe Keys.

530.545.0888

IT’S A GREAT TIME TO LIST YOUR PROPERTY!

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530-541-2200

adele@adelelucas.com

HERE ARE YOUR JUNE 2022 TAHOE KEYS STATISTICS: SINGLE FAMILY

6

SOLDS:

$1,977,333 ($841.33/sq.ft.avg.)

AVG. SOLD PRICE:

48

SOLD DOM: % OF ASKING PRICE:

98.17 12

ACTIVE: AVG. LIST PRICE:

JUNE 2022

$2,436,417 ($818.82/sq. ft. avg.)

AVG.DOM:

107

TOWNHOUSES

JUNE 2022

3

SOLDS:

$648,333 ($527.56/sq.ft.avg.)

AVG. SOLD PRICE:

58

SOLD DOM:

94.75

% OF ASKING PRICE:

4

ACTIVE:

$900,750 ($629.12/sq. ft. avg.)

AVG. LIST PRICE:

55

AVG.DOM:

PE

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D

IN

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— FEATURED LISTINGS —

WATERFRONT LODGE WITH INDOOR POOL 296 Beach Drive | $6,300,000

An exquisite 7 bedroom “Smart Home” in Tahoe Keys with large private boat dock is located on the wide waterway of Spinnaker, and just steps away from parks, private beach and tennis courts.

METICULOUS WATERFRONT HOME 2011 Kokanee | $2,100,000

Location, views and the perfect dock with overwater deck make this Tahoe Keys home highly desirable. Features vaulted ceilings, exquisite master bath, and waterside patio.

MAJESTIC VIEWS

2144 Inverness

|

$1,599,000

Locations, views, and a wide water channel definitely describes the prime Tahoe Keys waterfront home and this one has it all. Features open beam ceilings, adjacent lagoon and oversized garage with extra room for all the toys.

Low inventory and high demand...

It’s time to list!

0

LET ME GIVE YOU A COMPLIMENTARY MARKET ANALYSIS TODAY

m

PROPERTIES THAT I’VE RECENTLY SOLD: SOLD

2140 White Sands

SOLD

357 Ala Wai #191 | $632,500

SOLD

720 Lassen | $850,000

SOLD

2171 White Sands | $3,030,000

SOLD

2229 White Sands | $2,600,000

SOLD

2062 Aloha Drive | $2,450,000

SOLD

497 Tahoe Keys Blvd | $650,000

SOLD

1971 Aloha | $1,350,000

SOLD

1698 Venice | $1,030,000

BRE #00838770

SOLD

2215 Venice | $850,000

SOLD

6 Lighthouse Shores | $4,350,000

SOLD

336 Ala Wai #238 | $1,005,000

CMT STAY CONNECTED Stay connected and fully informed with all news and information regarding the Control Methods Test (CMT) Project using the following resources:

CMT Stay Connected

4

Adventure Checklist

6

2022 ACC Application Schedule

8

Board Actions Summary

10

CC&Rs Vote!

12

Town Hall Forums and More Meetings

14

Emergency Rule Notification

16

Notice of Change in Operating Rules 18 President's Message

20

TKPOA Management Transition

22

Town Hall Forum

23

2023 Budget Process

24

Accounting Report

26

ACC Meeting Schedule

27

Notice

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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.

DESIGNED BY J. Lewis Falconer Art & Design COVER PHOTO CREDIT Water Quality Team Printed on recycled paper with soy-based inks.

1.

Go to www.keysweedsmanagement.org and click on the ‘CMT Project’ page on the top left navigation tab. This will lead you to all relevant information 2.

Go to www.keysweedsmanagement.org and scroll down to ‘Latest News’ on the main page. This will provide you with all news articles regarding CMT and all TKPOA projects.

3.

Head to www.tkpoa.com and click on the ‘News’ page on the top navigation tab in the center. This will lead you to all recent news articles about CMT and TKPOA at large.

4.

Head to www.tkpoa.com and click on Documents to navigate to the Documents Folder Page. Click on the Water Quality folder and then on the Control Methods Test (CMT) folder. This will provide you with documents and information related to the CMT. For all information and updates, please refer to the TKPOA Water Quality website at www.keysweedsmanagement.org. You can also contact the TKPOA Association Office Monday - Friday from 8:30 AM - 4:30 PM, Saturday - Sunday from 10 AM - 2 PM or call 530-542-6444.

To contact the TKPOA Water Quality Department directly, please call 530542-6444 extension 275 Monday - Friday from 8:30 AM - 4:30 PM or email waterquality@tahoekeyspoa.org.

The Keys Breeze Magazine

Heather Blumenthal

IS THE OFFICIAL PUBLICATION OF THE TAHOE KEYS PROPERTY OWNERS ASSOCIATION

Operations Manager, Ext. 228

Don Havard

Accounting Manager, Ext. 227

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

Linda Callahan

Architectural Control Dept.

Manager, Ext. 239

Tom Callahan

Facilities Manager, Ext. 226

ADMINISTRATIVE OFFICE HOURS

8:30 am to 4:30 pm, Mon–Fri 10:00 am to 2: 00 pm, Sat & Sun

General Manager, Ext. 224

Mark Madison

Project Coordinator/ Property Manager, Ext. 241

Water Quality Ext. 275

Interim General Manager, ext. 224 Keys Breeze

Alison Cherko

Water Company (530) 318-4268

Kirk J. Wooldridge

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Lauren Finkelstein

Administrative Clerk, Ext. 223

JULY 2022

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2021–2022 BOARD OF DIRECTORS

Dave Peterson, PRESIDENT Bonnie Halleran, VICE PRESIDENT Joy Curry Norem, SECRETARY Ken Silveira, TREASURER Kieron McCammon, DIRECTOR

Security (530) 545-0847

TAHOE KEYS PROPERTY OWNERS ASSOCIATION

Front Desk Attendant Dial 0

4

Steven Shepherd, DIRECTOR Joby Cefalu, DIRECTOR

South Shore 2022 Mid-Year Statistics | January 1st - June 31st SINGLE FAMILY

2022

2021

% Change

Volume

$288,717,768

$346,679,735

-17%

Units

302

379

-20%

Median Price

$775,000

$729,000

6%

Average Price

$956,019

$914,722

5%

Units Under $1M

217

277

-22%

Units Over $1M

85

102

-17%

100

302 Units Sold

80

60

40

CONDOS

2022

2021

% Change

Volume

$27,551,025

$26,936,450

2%

Units

43

55

-22%

Median Price

$500,000

$410,000

22%

Average Price

$640,722

$489,754

31%

Units Under $500K

21

39

-46%

Units Over $500K

22

16

38%

20

0

With every new day, new opportunities awa Find calm through acti

30

$0$499,999

111

$500,000$749,999

76

50

20

15

$750,000- $1,000,000- $1,500,000Over $999,999 $1,499,999 $1,999,999 $2,000,000

PHOTOGRAPHY CREDIT:

Kirk Keeler Photography KirkKeeler.com

Take a picture with your smart device to see current estimated value of your home or call me

ALORA REYNOLDS CALIFORNIA & NEVADA REALTOR®

530 444 0710 areynolds@chaseinternational.com alorareynolds.com CA 02087131 | NV S.0189748

e r u t n e v Ad t s i l k c e Ch

Longer days and warmer weather invite adventure. But even the most experienced explorer should prepare for unknowns when hitting the trail.

This checklist can help:

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• •

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Buddy up. Adventuring with a partner is not only more fun, but it can be crucial in an emergency. Also, share your plan with another trusted person before venturing out, including where you are going and when you plan to return. Stick to your plan.

Know your limits. Choose activities that suit your physical condition. The pace should be comfortable for the slowest member of your group.

Dress the part. Dress in layers to account for changing weather conditions. Wear sunglasses and a hat or visor in the sun. Apply sunscreen no matter the weather.

Fuel up and leave no trace. Travel with adequate food and water—at least .5 liters of water for every hour of hiking. Don’t feed wildlife and take care to not leave any trash behind.

Keys Breeze

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•

•

•

Check the forecast. Weather in the mountains can change rapidly. Check conditions and know the signs for approaching storms. Avoid bare ridge tops, exposed places, lone trees, streams, and rocks during lightning storms.

Keep solid footing. Stay on developed trails or dry, solid rock areas with good footing, especially on steep terrain or near cliffs. Trees and bushes can’t be trusted to hold you. Be alert for slippery areas and take your time to avoid tripping.

Play it safe. Carry a first aid kit and learn how to identify the symptoms of heat exhaustion, heat stroke, hypothermia, and dehydration.

There is so much enjoyment in the outdoors, but being prepared can double the fun. Pay attention to local safety tips and regulations regarding your activity. If you get hurt, call 9-1-1, or head to the emergency room.

JULY 2022

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Dr. Kim Evans is a board-certified surgeon and the Trauma Medical Director at Barton Health. Barton’s Level III Trauma Center provides medical services for trauma care and the immediate availability of emergency medicine physicians, surgeons, nurses, lab and x-ray technicians, and life support equipment 24-hours a day. Learn more at BartonHealth.org.

Keys Breeze

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JULY 2022

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2022 ACC APPLICATION

SUBMITTAL SCHEDULE Submittal Deadline (Wednesday prior to the meeting)

ACC Meeting Dates (Tuesdays)

December 29, 2021

January 4

January 26

February 1

February 23

March 1

March 30

April 5

April 11

April 19

April 27

May 3

May 12

May 17

June 1

June 7

June 8

June 14

June 22

June 28

July 6

July 12

July 20

July 26

August 3

August 9

August 17

August 23

September 7

September 13

September 21

September 27

October 5

October 11

November 2

November 8

December 7

December 13 Keys Breeze

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JULY 2022

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8

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THE LATEST IN ORTHOPEDIC TECHNOLOGY Barton is one of the first hospitals in the Lake Tahoe and Carson City areas to offer Mako SmartRobotics™, a robotic system that enables orthopedic surgeons to have a more predictable knee and hip joint replacement surgical experience with increased precision and accuracy, resulting in better outcomes for patients.

530.543.5554 BartonOrthopedicsAndWellness.com

In partnership with Tahoe Orthopedics & Sports Medicine

2022

BOARD ACTIONS SUMMARY

By Heather Blumenthal, Operations Manager

JUNE 15TH – BOARD OF DIRECTORS EXECUTIVE SESSION

• •

BOARD ACTIONS • Reviewed 5 Personnel Matters • Reviewed 2 Disciplinary Matters • Reviewed 5 Legal Matters • Reviewed 3 Contracts

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JUNE 15TH – BOARD OF DIRECTORS REGULAR MEETING BOARD ACTIONS • Approved the April 2022 Financial Statements • Approved the TMS Phase 1 Contract with Wagner and

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•

• • • • •

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Bonsignore for $2,500 to investigate Authorization of Water Diversion and Use from the State Water Board to be expensed to the TMS Operating Budget under Landscaping Expense 55300 Approved the proposal from Hale and Sons Paving for the Pavilion Parking Lot Repair and Sealing for $9,289.00 to be expensed from Common Area Reserve Account 67200 Approved an interim “Monthly Stay” amenity access pass for tenants staying 31 or more days for $150 for a family of four, with an option for up to eight additional passes to be added for $20 per person.

Accepted Todd and Zetta Friedel’s resignation as the Mt. Tallac Village 2 Advisors Appointed Terri Jinkens as the Mt. Tallac Village 2 Advisor Appointed Norma Rogstad as the Co-Cove Advisor for Tahoe Marina Shores (TMS) Postponed the decision on filling the Board Vacancy until the resigning Board Member can no longer serve on the Board Approved a request by the Zephyr Cove Tennis Club to utilize the Ala Wai Tennis Courts for a Tennis Tournament on July 21st and 22nd from 10AM-4PM for a cost $200 per day and with the proper liability insurance provided for the event.

Approved a Resolution of the Board to record a lien for APN #022-301-022-000 Keys Breeze

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Approved a Resolution of the Board to record a lien for APN #022-032-021-000 Approved proceeding with the bid from Haen to install additional water meters within the Common Areas. Contract was previously approved at a previous Board meeting for a total not to exceed $50,000 Approved the 2021 Consumer Price Index (CPI) of 7.1% to all Commercial Water Customers effective July 1st, 2022, based on quarterly billing of water meter use Approved Haen for the Well #1 Replacement of Broken Isolation Valve Contract for $9,509.50 plus a 10% contingency for a total amount of $8,645 to be expensed to the Water Company Department Operations Expense Account Outside Services 52400 Adopted the proposed revision to Architectural Control Rules Section 13 Approved proposed changes to Architectural Control Rules Section 15 Approved Lake Tallac Easement Purchase Resolution #2022-LTAUA-01 for APN #022-022-001-00 Approved Lake Tallac Easement Purchase Resolution #2022-LTAUA-02 for APN #02-134-011-000 Approved Lake Tallac Easement Purchase Resolution #2022-LTAUA-03 for APN #022-023-003-000 Accepted the proposal for $1,045 for the Inspector of Elections for the Amended and Restated CC&Rs and Annual Board Election Ballots Appointed Tania Green, Notary Public, as the Inspector of Election for the Amended and Restated CC&Rs and Annual Board Election Votes Set the Record Date for the 2022-2024 Board of Directors Annual Election as July 6th, 2022 Approve the Amended and Restated CC&Rs Ballot materials including any immaterial, nonsubstantiative last minute changes (typos, grammar, etc.)

Set the Record Date for the Amended and Restated CC&Rs as June 17th, 2022

JULY 2022

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Cove Advisor Committee 2022 Meeting Schedule First Quarter Meeting Friday, March 18, 2022 at 2:00PM Second Quarter Meeting Friday, June 24, 2022 at 2:00PM Third Quarter Meeting Friday, September 23, 2022 at 2:00PM Fourth Quarter Meeting Friday, December 16, 2022 at 2:00PM

Looking to get more exposure for your business?

All Meetings will be held in the TKPOA Pavilion and have an accompanying Zoom linkprovided for remote participation. The Zoom link will also be posted on the TKPOA website www.tkpoa.com

Advertise in Keys Breeze. For info on rates please call Kathy Hess-Slocum at 775-846-5656 or email kathy@justimaginemktg.com.

All meetings will be recorded for the purpose of documenting meeting minutes.

CALL FOR A FREE ESTIMATE!

Are you prepared for a

Public Safety Power Shutoff?

Sign up for alerts Call 1-800-782-2506 to confirm your contact information is up-to-date.

Build or restock an emergency kit Including flashlights, batteries and first aid supplies. For additional emergency kit necessities, consult Ready.gov.

Tanner Hart

boatdocksinc@gmail.com General Engineering PO Box 8233 South Lake Tahoe LIC #1051115

Prepare for medical needs Make plans for medications that need refrigeration or devices that need power.

INC

BOAT DOCKS

530-541-1111

For more information about how to prepare for a Public Safety Power Shutoff (PSPS), visit www.LibertyUtilities.com Keys Breeze

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BOATDOCKSINC.COM • CUSTOM DESIGNS • FLOATING DOCKS • FIXED DOCKS • SUPPLIES • • RETAINING WALLS • RAMPS • DECKS • PILINGS • REPAIRS • BUOYS • • MAINTENANCE • SALVAGE • RELOCATION • POLYURETHANE FLOATS •

JULY 2022

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CC&Rs Vote!

Ken Silveira, Bylaws and CC&Rs Committee

The long-term project to update the Association’s Covenants, Conditions, and Restrictions (CC&Rs) has reached a key milestone. On June 15, the Board authorized a membership vote to approve proposed updated (amended) CC&Rs. The current CC&RS 1991 are over 30 years old and are outdated and inconsistent with current California law. They also contain confusing unclear and/or unnecessary provisions. The proposed CC&Rs 2022 represent a complete restatement and updates to reflect recent changes to California law, current practices of the Association, and other changes.

The vote package, including ballots, a copy of the proposed CC&Rs 2022, and Questions & Answers will be mailed in July. The Record Date was set as of June 17, 2022, meaning property owners on record as of June 17, will be eligible to vote and will receive the voting package.

A Town Hall Forum has been scheduled on August 18th, 2022 to discuss the CC&Rs and answer questions.

Please Vote! A membership vote of 66 2/3% is required to approve amended CC&Rs. The deadline for ballots to be received by the Inspector of Elections is 3:00pm September 18, 2022.

For questions, please contact the Bylaws & CC&Rs Communication Ad Hoc Committee at info@ tahoekeyspoa.org. Or call the TKPOA Pavilion office 530-542-6444 Monday-Friday 8:30AM-4:30PM and Saturday-Sunday 10:00AM-2:00PM.

Keys Breeze

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JULY 2022

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TKPOA JULY 2022 CALENDAR + BEYOND J ULY 202 2

8 12 14

18 20 20 21 25 26 27

Finance Committee Meeting 10:00 am ACC Meeting 9:00 am Tahoe Keys Water Company Ad Hoc Committee 9:00 am Town Hall Forum – Fifth Draft CC&Rs 6:00 pm Board of Directors Executive Session 9:00 am Board of Directors Regular Meeting 5:00 pm Town Hall Forum – Candidates Night 6:00 pm Tahoe Keys Water Company Ad Hoc Committee 9:00 am ACC Meeting 9:00 am Finance Committee Meeting 10:00 am Water Quality Committee TBD Bylaws and CC&Rs Communication Subcommittee TBD TKPOA Visions Ad Hoc Committee TBD Water Conservation Ad Hoc TBD Tahoe Keys Waterways Restoration Fund (TKWRF501 (c) 3) – El Dorado Community Foundation TBD

AUGUST 20 22

3 Finance Committee Meeting 10:00 am 4 Town Hall Forum – Tahoe Keys Water Company

6:00 pm 9 ACC Meeting 9:00 am 10 Finance Committee Meeting 10:00 am 17 Board of Directors Executive Session 9:00 am 17 Board of Directors Regular Meeting 5:00 pm 21 Town Hall Forum – Candidates Night 6:00 pm 23 ACC Meeting 9:00 am Water Quality Committee TBD Bylaws and CC&Rs Communication Subcommittee TBD Tahoe Keys Water Company Ad Hoc Committee

TBD TKPOA Visions Ad Hoc Committee TBD Water Conservation Ad Hoc Committee TBD

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

Until further notice, member meeting attendance will be limited to conference call and/or Webinar. Links and call in information for meetings are posted on the TKPOA website ahead of each meeting. Please contact the TKPOA front desk at (530) 542-6444 for details on member attendance.

Looking to get more exposure for your business?

Custom Boat Docks

Advertise in Keys Breeze. For info on rates please call Kathy Hess-Slocum at 775-846-5656 or email kathy@justimaginemktg.com.

Looking to buy or sell in the Tahoe Keys?

Shoreline General Engineering Inc. Docks Ramps Pile Driving Platforms

Contact Michael Keller for proven results

Piers Fencing Welding Custom Railings

530.545.3188

CA LIC # 692692

• 2019 South Tahoe MLS Top Independent Michael Keller Individual Broker in Sales Volume BROKER/OWNER • Full service independent broker Keller Properties • Creative marketing & competitive rates 530-307-0027 • TKPOA homeowner/full time resident Michael@TahoeKeysRealty.com • 2020 TKPOA Board Director CA Broker# 01374418

FOR MORE INFO

www.TahoeKeysRealty.com Keys Breeze

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www.docksndeckslaketahoe.com JULY 2022

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Town Hall Forums and More Meetings Kirk Wooldridge, General Manager

TOWN HALL FORUMS In 2022 the Tahoe Keys Property Owners Association (TKPOA) Board of Directors will be setting a new record for holding the most Town Hall Forums in a given fiscal year. The TKPOA Board of Directors has been holding Town Hall Forums, to provide additional communication to the TKPOA Property Owners as well as solicit additional input on important topic and issues. Town Hall Forums are not required Association meetings and are optional.

The purpose of the Town Hall Forum is to conduct an open exchange of information and ideas, and to inform TKPOA members of the latest information in person on the important projects and issues that are taking place. The TKPOA Board of Directors will be represented by less than a majority of the Board and will not be transacting any Board business. Minutes are not required or recorded for these meetings.

• May 26th, 2022 – Water Quality Committee (WQC) Control Methods Test (CMT) Update Upcoming Town Hall Forums: • August 18th, 2022 - TKPOA Covenants, Conditions, and Restrictions (CC&Rs) Voting Ballot – Questions and Answers • July 21st, 2022 – Annual Elections Candidates Night – Meet the Candidates • July 28th, 2022 – Water Quality Committee (WQC) Control Methods Test (CMT) Update • August 4th, 2022 – Tahoe Keys Water Company (TKWC) Update

The TKPOA Board of Directors will continue to hold the Town Hall Forums as a webhosted meetings using the Zoom application. For Town Hall Forum the meeting Agenda/Information and the web hosted meeting link and instructions are posted on the TKPOA Website at www.tkpoa.com, seven days The Board of Directors have only scheduled Forums or more prior to the meeting. You can find this by when they feel there are important topics for discussion or a TKPOA Committee has an important using the website calendar which is located in the topic to present. These Town Hall Forums, the topics “CALENDAR” drop down menu, you can find the and the dates scheduled via: the Keys Breeze, flyers meeting date click on it and it will bring up the link posted at the Pavilion, on our website, and through the agenda and web hosted meeting instructions. The our Email E-blast list so it is important that you have Town Hall Forum announcements are also posted on a current email listed in our data base to receive these the TKPOA Pavilion bulletin board seven days prior to messages. the meeting as well.

These Town Hall Forums are open to all Property Owners are scheduled at the TKPOA Pavilion and on the web hosted Zoom meeting link from 6:00PM8:00PM. Past Town Hall Forums: • February 24th, 2022 – Water Quality Committee (WQC) Control Methods Test (CMT) Update • May 11th, 2022 – Water Conservation Committee – Water Conservation Idea Book for Landscaping • May 19th, 2022 – TKPOA and South Tahoe Refuse Trash Program Keys Breeze

REGULAR OPEN BOARD MEETINGS: For 2021-2022 Board Meeting schedule the Regular Open Board Meetings are scheduled on third Wednesday of the month at 5:00 PM with the Executive Session Meeting scheduled at 9:00 AM the same Wednesday.

On the TKPOA Website the TKPOA Staff has been posting the following items for each Regular Open Board Meeting: • The Agenda – Board Meeting Agenda is available, and you will need to use your member login and password to access it in the Documents/Board

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JULY 2022

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Meetings/2022/Agendas folder.

• Regular Open Board Packet – Board of Directors Meeting Packet is available and is located in the Documents/Board Meetings/2022/Board Packets folder. This is in a PDF Format with bookmarks for each agenda item.

• Supplemental Information – Board of Directors Meeting Supplemental Packet is available and is located in the Documents/Board Meetings/2022/Board Packets folder.

• Late Information – Board of Directors Meeting Late Information is also available based on the timing it has been issued and is located in the Documents/ Board Meetings/2022/Board Packets folder.

If you would like to participate in the web hosted meeting, please observe the following guidelines: • Prior to the Meeting you can fill out the “Members Comment Form” for your member comment to read during the Members Comment Section of the Meeting. The Member Comment Form is also available on the TKPOA Website, you can access this in the Documents/Board Meetings/2022/ Board Packets folder.

Board Meeting are for TKPOA Members Only.

California's community associations are not part of the public sector; they are private membership organizations. As a result, the general public does not have a right to attend board or membership meetings.

(Civ. Code §4925.)

For additional information and assistance, The TKPOA Administrative Staff is available by phone at 530-542-6444 Monday through Friday 8:30AM 4:30PM, Saturday and Sunday 10:00AM - 2:00PM. via email at info@tahoekeyspoa.org. Or Contact Heather Blumenthal – TKPOA Operations Manager by phone 530-542-6444, Extension 228 or email at hblumenthal@tahoekeyspoa.org.

Keys Breeze

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JULY 2022

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EMERGENCY RULE NOTIFICATION TO: Tahoe Keys Property Owners Association (TKPOA) – Property Owners and Commercial Customers served by the Tahoe Keys Water Company (TKWC) FR:

TKPOA Board of Directors

DT:

05-18-2022

RE: Approved Emergency Rule Change – TKPOA Operating Rules: Section 10 Water Conservation Rules for Landscape Irrigation for all TKPOA Water Serviced Properties and Commercial Customers of the Tahoe Keys Water Company starting Friday April 1st, 2022.

On March 16th, 2022 the Board of Directors approved and adopted the following Emergency Rule during the Open Board Meeting. Pursuant to Civil Code Section 4360 (d) an Emergency Rule Change to Section 10 Water Conservation Rules for Landscape Irrigation for all water serviced properties and commercial customers of the TKWC. This emergency rule shall be in effect for 120 days, from April 1st, 2022 – July 29th, 2022.

Starting April 1st, 2022 Landscape Irrigation lawn, turf, and plant material including shrubs, flowers, trees, and foliage is allowed.

At the April 20th, 2022 Board of Directors Meeting, the Board approved a slight revision to allow drip system irrigation per the prior Landscape Irrigation Rule Schedule.

At the May 18th, 2022 Board of Directors Meeting, the Board approved a revision to allow watering for new and/or reseeded turf for owners that have reduced their property’s landscaping turf to no more than 25% of the total landscapable area of their property.

This Emergency Rule Order will extend to all TKPOA Common Areas, all Cove Townhome landscaping, all Single-Family home landscaping, and commercial water customer properties landscaping. The TKPOA Operating Rule Section 10 is enclosed with the 2021-2022 Summer Irrigation Schedule A and Irrigation Map that provided the allocated times by TKPOA Street for irrigation.

The Board of Directors has implemented this Emergency Rule based on the authority granted from the “Tahoe Keys Property Owners Association Rules and Regulations for Water Service” Section 12; Paragraph 12.3 ‘Public Hazard’, Keys Breeze

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and by authority of the Davis Stirling Civil Code §4360 (d) to impose an irrigation landscape rules which are required by the limited TKWC Water Service available because of the natural occurring Uranium contamination of TKWC Wells 2 & 3, and potential threat to personal safety.

Additional Information Any additional questions can be answered by contacting the TKPOA Front Desk at 530-542-6444 Monday through Friday 8:30AM - 4:30PM, Saturday and Sunday 10:00AM 2:00PM. Also visit the TKPOA website at www.tkpoa.com.

For additional assistance please contact TKPOA Security at 530-545-0847.

EMERGENCY RULE EFFECTIVE IMMEDIATELY APRIL 1ST, 2022 TAHOE KEYS PROPERTY OWNERS ASSOCIATION TAHOE KEYS WATER COMPANY EMERGENCY RULE Water Conservation and Irrigation Section 10 April 1st, 2022 – July 29th, 2022 The TKWC is issuing an Emergency Rule Change to allow landscape irrigation for all water serviced properties and commercial customers. This includes Tahoe Keys Property Owners Association (TKPOA) Common Areas, all Cove Townhome landscaping, all Single-Family home landscaping, and commercial water customer properties landscaping.

SECTION 10 WATER CONSERVATION RULES 10.1 Irrigation Limits. Irrigation shall be calibrated and scheduled to deliver no more than the following: April 1 – June 1 and September 1 – October 31: 1.0 inches per week (2 Times a Week) June 1 – August 31: 1.5 inches per week (3 Times a Week) 10.2 Irrigation Scheduling. Subject to the exemptions below, landscape irrigation is permitted only on designated irrigation days, as designated in Schedule A (Attached): 10.3 Exemptions from Irrigation Schedule.

JULY 2022

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follow the Emergency Landscape Irrigation Rule.

No exceptions to irrigation schedule for new plant material (including new turf), other than drip irrigation systems as reviewed by Architectural Control and per the prior irrigation rule schedule. Drip irrigation systems must comply with the Irrigation Limits listed in Section 10.1.

Exclusions to the definition of a property's Total Landscape Area includes impervious areas such as, structures, driveways, walkways and hardscape patios and decks. Additionally, BMP infiltration trenches and landscaped areas supplied by drip irrigation would be excluded.

10.03a Drip Irrigation Schedule • Even Numbered Street Addresses: Monday, Wednesday, and Friday • Odd Numbered Street Addresses: Sunday, Tuesday, and Thursday • Landscape irrigation on Saturday is prohibited.

This temporary relief measure is applicable only to new sod or seeding of turf and does not apply to existing lawns.

10.03b Turf Reduction Exemption The Board of Directors, at the request of the Water Conservation Committee, will allow temporary relief from the Emergency Landscape Irrigation Rule for newly-installed turf provided it does not exceed 25% of the property's Total Landscape Area.

10.4 Prohibited Activities. No Owner, nor an Owner’s tenant, contractor, employee, or agent may engage in any of the following activities: Irrigation is Prohibited on Memorial Day Weekend, July Fourth Weekend, and Labor Day Weekend Allowing water to flow over the ground surface or from sprinklers onto surfaces that are not able to absorb water or onto neighboring properties.

The temporary relief would allow new sod to be irrigated twice a day for Days 1 thru 14 and once per day for Days 15 thru 21 and on Day 22 going forward owners will need to follow the Emergency Landscaping Irrigation Rule.

Use of a hose without an automatic shut-off nozzle.

Use of water to wash sidewalks, driveways, parking areas, tennis courts, decks, patios, or other improved areas.

Should an owner decide to re-seed their turf and it is reduced to a maximum of 25% of the property's Total Landscape Area, then the owner would be allowed to water twice a day to prevent the top 2 inches of the soil from completely drying out until the grass grows to a height of 1 inch (usually 3 to 4 weeks) at which time the owner would need to change their irrigation schedule to

Any activity prohibited by federal, state, or local law or regulation.

Tahoe Keys Property Owners Association Irrigation Schedule Schedule A Group Group 1 (red) Group 2 (teal) Group 3 (green) Group 4 (purple) Group 5 (brown) Group 6 (blue)

Street/Streets/Location

Irrigation Days

Venice Drive, Tuolumne Drive, Lassen Drive, Shasta Court, Dana Court,

Sunday, Tuesday, and

Dover Drive and 15th Street

Thursday

Alpine Drive, Cascade Court, Cathedral Court, Genevieve Court, Tahoe

Sunday, Tuesday, and

Keys Blvd, Danube Drive, Morro Drive, Monterey Drive and Lucerne Way

Thursday

Texas Avenue, Whitney Drive, Aloha Drive, Daggett Court, and Carson

Sunday, Tuesday, and

Court

Thursday

Capri Drive, Inverness Drive, Catalina Drive, Kokanee Way, Crystal Court,

Monday, Wednesday and

and Lido Drive

Saturday

Beach Drive, Beach Lane, Beach Court, White Sands Drive, Balboa Drive,

Monday, Wednesday and

Marconi Way, and Garmish Court

Saturday

Lighthouse Shores Drive, Emerald Drive, Christie Drive, Traverse Court,

Monday, Wednesday and

Slalom Court, Wedeln Court, and Weir Way

Saturday

TKPOA Townhomes: Cove 1, Cove 2, Cove 2A, Cove 3A, Cove 3B, Cove 3C, Group 7 (yellow)

Cove 4, Cove 5, Tahoe Marina Shores (TMS), Islanders 1, Islanders 2, and

Sunday, Tuesday, and Thursday

Islanders 3 Group 8 (pink)

TKPOA-Owned Common Areas, Mt. Tallac Village 3 (South Tahoe Public

Monday, Wednesday and

Utility District Service)

Saturday

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Time Period for Irrigation

1:00AM-3:00AM 3:00AM-5:00AM 5:00AM-7:00AM 1:00AM-3:00AM 3:00AM-5:00AM 5:00AM-7:00AM

10:00PM-12:00AM

10:00PM-12:00AM

Notice of Change in Operating Rules TEXT OF ADOPTED CHANGES

(Deletions are shown in strikethrough type and additions in boldface underlined type) On June 15th, 2022, the TKPOA Board of Directors approved the following Proposed changes to Architectural Control Rules for a 28 day membership review period. These rules will be considered for adoption at the August 17th, 2022 Board of Directors Meeting. If you would like to provide any feedback to the Board prior to approval, please email your comments to Heather Blumenthal, Operations Manager at hblumenthal@tahoekeyspoa.org, or submit them in person at the TKPOA Pavilion Office.

Purpose and Effect of Proposed Rule Change To further clarify Architectural Control Rules

ACC Rules Section 15 Misc. Provisions for exterior grounds, storage, and structures 15.02a Bear Boxes may be considered under the following circumstances: • Must be approved by ACC. • May not be positioned in side or rear setback areas.

• May not be placed closer than 10 20 feet from the front curb or further than 1 foot from the driveway.

10 foot curb measurement begins from the bear box pedestal.

• Must be green or brown in color • May be placed where they can be screened from view from the street and neighboring properties.

• Installations accommodating more than 3 2 standard garbage cans will not be allowed.

Please note Members interested in installing a bear box at their property should contact South Tahoe Refuse (STR) at 530-541-5105 for their list of approved vendors that sell bear boxes that STR services.

Bear boxes must be pre-approved by the TKPOA Architectural Control Committee (ACC) prior to installation.

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Notice of Change in Operating Rules TEXT OF ADOPTED CHANGES

(Deletions are shown in strikethrough type and additions in boldface underlined type) The TKPOA Board of Directors approved to adopt the following changes to Association Operating Rules at the June 15th, Regular Board of Directors Meeting. These changes were noticed for a 28 day member review period via membership mailing sent out on May 13th, 2022.

Purpose and Effect of Proposed Rule Change To further clarify Architectural Control Rules

ACC Rules Section 13 Dock Guidelines Form 13 Dock Criteria Considered: • Side Setbacks (5’ minimum) • Navigation Lanes and Channel (50’minimum) • Pierhead Line • Construction Materials • Protection of Ingress and Egress of Neighboring Docks • Location of Dock in the Middle of the Lot • Bottleneck Waterways with Restricted Access

Replacement or Repair of Existing Docks exceeding 225 sq. ft.: Application for “replacement” of an existing dock shall not be considered a new dock. The following shall apply to existing docks where replacement or modifications are proposed:

a. Dock may be reduced in size from currently existing square footage

b. Dock position may be changed, including size and position of pilings

c. Shape/dimensions (footprint) may be reconfigured d. In no case may the current square footage be

increased Dock Dimensions: e. Reconfiguration of the existing dock may not increase New docks: Any construction of a new dock (either where the number of moorings there is no existing dock on the property or, where an existing dock is relocated) shall not exceed 225 sq. feet.

Dimensions Applicable to All Docks: Height: 18 inches The configuration of any new dock (where there is no above water level or high water mark. Fascia will extend existing dock on the property) must be such that it from decking to not less than 8 inches above the water does not exceed a limit of three moorings. line. All pilings must be contained within the dock. The height of all pilings must not exceed 3 feet above the high Replacement or Repair of Existing Docks 225 sq. ft. or less: water line (HWL). Dock pilings must be a minimum of 2 Application for “replacement” of an existing dock shall ½ inches in diameter. not be considered a new dock. The square footage may not be increased to exceed 225 sq. ft.

Repair or Replacement of Existing Docks: Reconfiguration or replacement of an existing dock may not increase the number of moorings.

Dock Size: Allowable square footage for new or replacement docks will be determined based on the above criteria on a case-by-case basis.

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s ' t n e d i s e Pr e g a ss e M

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We continue to make progress on major initiatives.

Here is an update: 1.

Keys Management. The board decided 7:0 to transition to professional management of the Keys. This is an important decision for the Keys and will help us achieve our vision to be “Lake Tahoe’s premier lakeside boating and recreational community delivering an exceptional lifestyle to homeowners.” Please see the separate article in this Keys Breeze on this.

2.

Water Company Management. TKPOA contracted with Farr West Engineering to perform a number of tasks, the most important of which being an analysis of the various options for future water company ownership. They analyzed alternatives including continued TKPOA ownership, consolidation with STPUD, sale to Lukins Brothers Water Company, sale to Golden State Water Company, and sale to Liberty Utilities. Farr West’s qualitative analysis was reviewed by an Ad Hoc committee designated by the board. Their analysis and recommendations will be presented to the board in open session on July 20, 2022.

The board’s intention is to hear the analysis and recommendations, hear member comments, and make a decision on an alternative for the General Manager to pursue. This is a very important issue, and I’m hoping members participate in the July presentation and discussion.

3.

Aquatic Weeds. The control methods test (CMT) is fully underway, and data is being collected daily. We are hoping that the herbicide reaches a non-detect level before you read this, as non-detect is needed to remove the turbidity curtains to allow boating in the restricted areas. Please read the weekly e-blasts to get more timely updates.

4.

CC&Rs. A hard-working team of Members, attorneys, and the Board have been working for some time to update our Bylaws and Covenants, Conditions & Restrictions (CC&Rs). The updated bylaws were voted on and passed by the membership last year. The CC&Rs are now ready

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to go out for member vote. We need a very high turnout to adopt the updates, so I’m asking all of you to please vote in the CC&R election. We intend to run it concurrently with the Board election, so please make sure you exercise your voting right.

Look for a packet in your mailbox, a town hall, and e-blasts.

5.

Landscaping. The Architectural Control Committee reports that a number of members are enthusiastically proposing changes to their landscapes using our new “Tahoe Keys Landscape Conservation Idea Book”. That’s great to hear, and I look forward to seeing the results! The water prohibition last summer left a lot of damage and “landscape blight”, and it’ll be nice to restore the beauty of our neighborhood.

6.

Garbage and Bears. We moved the Pavilion dumpsters to the Water Company property on Texas Ave. for second homeowner Sunday service. This has been successful so far, but it is a temporary solution.

South Tahoe Refuse reported that a number of members were treating their staff poorly when utilizing their complementary Monday-Saturday drop-off service, so I sent members an e-blast plea for civility. Since then, STR reports that things are better. Thank you all!

The board is still exploring bear resistant wheeled totes as a long-term solution, but totes would still have to be wheeled out on Fridays, and that doesn’t help second homeowners. So, at the June 15 board meeting, the board approved a proposed ACC rule change for 28-day member review that would allow bear boxes 10’ from the curb. The is in the pick-up zone for STR, so second homeowners could “lock and leave”. The rule will be up for board adoption at the July or August meetings. We’re listening to members and working to get this right!

Thanks again to all of our staff and volunteers!

Sincerely,

Dave Peterson BOARD PRESIDENT

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TKPOA Management Transition All Board Members

Earlier this year, your Board unanimously approved an updated Vision Statement submitted by our Ad Hoc Vision Committee. It states that the Tahoe Keys aspires to be “Lake Tahoe’s premier lakeside boating and recreational community delivering an exceptional lifestyle to homeowners.”

Suffice it to say, we have work to do to fulfill this vision.

Association on the right track for the future.

After much discussion and deliberation, the Board of Directors has unanimously agreed that it is time to bring in a professional management company to take over the day-to-day operations of TKPOA.

Such a company can also provide us with many centralized support functions that we currently lack, such as HR, payroll and benefits administration, public relations, legal, homeowner communications, and IT support. While we will always need local staff and a local General Manager, they would be supported by a regional General Manager and “home office” staff with experience running high-end associations with a service-centric mindset.

This management transition will likely take upwards of six months to complete. To assist us in the process, the Board has brought in an interim General Manager, Mark Madison. Mark has a lifetime of experience in the public sector and has driven significant organizational transitions in his career. In addition, Kirk Wooldridge will remain on hand for ninety days to support Mark.

The Board of Directors wants to thank Kirk for his dedication and support over the last seven years, helping us navigate numerous challenges and critical issues.

So, you may be asking, why the decision to head in this new direction?

Like so many businesses today, we struggle to maintain sufficient staffing levels to sustain the sizable workload necessary to operate our Association effectively, and the Board of Directors and our volunteer Committees (thirteen of them) are often unduly burdened with complex issues and numerous critical projects. It is the Board’s view that these challenging trends will continue, at least for the foreseeable future.

Fixing our staffing and other challenges will not happen overnight. However, a management company that runs many associations around the state (or even the country) will be better suited to address the critical human resources issues we face.

The Board wants to be clear that this is not a costcutting exercise; we fully expect this will impact the 2023 budget. While we may save money in certain areas, bringing in a professional management company will cost more overall. While we don’t know exactly how much (preliminary estimates are in the 10% +/- range), it is likely, that we will face increases in our annual dues next year. The benefit will be that our Association will be operated by professional management, and the board can focus on the long-term vision, which we all deserve as homeowners.

If you have any concerns or questions, please feel free to contact Bonnie Halleran (bhalleran@att.net), who has volunteered to talk with homeowners on behalf of the Board about this decision.

After much deliberation about the future management of our Association, it is the unanimous opinion of the Board that the Tahoe Keys is simply too big and too complex for us to continue to manage ourselves. In support of the Board’s belief on this matter, there are only a small minority of Associations of our size and complexity that continue to be self-managed.

While there is never a good time to effect such a change, and despite several critical projects underway, the Board feels that a change is needed if we are to put our Keys Breeze

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TOWN HALL FORUM Location: TKPOA Pavilion and Zoom Meeting

July 21st, 2022 Thursday 6PM-8PM 2022 Board of Directors Annual Election

” t h g i N s e t “Candida Open Forum with Representatives from the TKPOA Board of Directors, and Self Nominated Board Candidates for the 2022-2024 Board of Directors Annual Election Come join us and share your opinions and insight Visit www.tkpoa.com for more information and for Zoom Meeting Attendance information.

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2023 Budget Process By: Don Havard, Accounting Manager

What is a Budget?

A budget, also known as an annual operating budget, is a financial plan for the upcoming fiscal year. (January 1st, 2023 to December 31st, 2023). The budget is a guide for the Tahoe Keys Property Owners Association (TKPOA) Management Staff, Cove Advisors and Board of Directors to use to ensure the Association’s financial goals are met by the end of the fiscal year. The Budget is broken into “operating periods”, which in our case are monthly periods that are added up to give the total forecasted or anticipated revenues and expenses for the entire fiscal year. The Budget contains the Associations Revenue (Income), Payroll, and Operating Expenses as well as the individual Cove/Subdivision Budgets. Based on these revenues and expenses it also provides Staffing Guidelines for the departments.

The Finance Committee One of the responsibilities of the Finance Committee is to assist in building and reviewing the fiscal year budget.

The Finance Committee is comprised of members of the TKPOA, which are actual residents that have input on how the TKPOA money is spent. The members who serve on the Finance Committee represent a cross section of the community. Of course, there are some members willing to serve who have expertise in areas such as insurance or finance that contribute their expertise. The committee members are volunteers and they hold regular monthly meetings throughout the year, currently scheduled on the Tuesday after the Board of Directors Regular Board Meeting that is currently held on the third Wednesday of the Month. The Finance Committee Meeting is held at 10:00AM in the TKPOA Pavilion Boardroom. The TKPOA Board of Director’s Treasurer is a member of the Finance Committee. As the Chair of the Finance Committee the Treasurer’s job is to keep everyone on track as the budget process takes place and the new budget is prepared.

Manager work with the TKPOA Management Team on preparing their individual budgets to meet their operational needs as directed. The Accounting Manager, General Manager and Project Coordinator also will need to meet with the Cove/Subdivision Advisors to develop their individual budgets.

The “First Draft” of the proposed 2023 Budget will be presented to the 2023 Budget Subcommittee for review, on Wednesday July 27th, 2022. This Subcommittee will review the budget and return it to the General Manager and Accounting Manager for discussion and request changes to be incorporated in the next draft.

The General Manager will present the “Second Draft” of the proposed 2023 Budget to the Finance Committee during an Open Meeting on Wednesday August 10th, 2022 at 10:00AM at the TKPOA Pavilion. The Finance Committee will review the budget and returned it to the Accounting Manager for discussion and changes. This meeting is open to all TKPOA Members.

The General Manager will present the “Third Draft” of the proposed 2023 Budget to the Board of Directors and the Finance Committee during an Open Meeting on Wednesday August 17th, 2022 at 5:00PM at the TKPOA Pavilion. This meeting is open to all TKPOA Members.

After this process, again the Accounting Manager and General Manager and TKPOA Management Staff will make changes to the proposed budget, based on the Finance Committee and TKPOA Board of Directors recommendations.

The Accounting Manager and General Manager plan to present the “Final” Budget to the TKPOA Board of Directors for approval at the regular TKPOA Board meeting as early as Wednesday September 7th, 2022 The TKPOA Management Team Role at 5:00 PM at the TKPOA Pavilion. If more review is Following the direction given the TKPOA Board of necessary, then it will again be presented, at a time to Directors and 2023 Budget Subcommittee, the TKPOA be determined, at the TKPOA Pavilion the meeting is Management Team creates the “first draft” of the budget open to all TKPOA Members. At either of these meetings, for all eight departments that comprise the Association the Board may set the assessment amounts for the 2023 “business units”. The Accounting Manager and General Fiscal Year.

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Please Note: This schedule is subject to change.

Directors.

The final budget needs to be approved on a timely basis to meet the Annual Disclosure deadline, for delivery to the TKPOA Members per the Bylaws, 30 days before the new Fiscal Year.

2-Reserve Funds need to be maintained at sufficient levels. The Reserve Funds provide money for on going the repair and replacement of the community assets (Common, Water Company and Water Quality Funds) such as buildings, pools, and Townhome Reserve Funds, such as Cove roofs, docks and asphalt, etc…

The TKPOA Accounting Manager and the TKPOA Treasurer make sure the TKPOA Board, Cove Advisors and Finance Committee understand the three components of 3-Development Funds for additions or enhancements the budget and the financial health of the Association. to an existing TKPOA common property that may not be currently accounted for in the current Reserve Funds. This 1-Operating Funds and Expenses are needed for daily is a function of what community members want and are operation of the Tahoe Keys Property Owners Association. willing to pay for. The community should provide input These are broken in to non discretionary expenses which and approval for use of these funds since in California would be required costs such as common areas electricity major renovations; additions and/or some improvements and water, grounds maintenance, insurance, TKPOA or maintenance projects might require a “Special Management and general maintenance. Most of these Assessment” (which requires approval, when the amount expenses are either contractual or can be reasonably is greater that 5% of the Association’s fiscal year budget). estimated based on past amounts, past experience, or other cost allocation algorithms or formulas. Then there In Closing are Discretionary Expenses that are budgeted based on With this knowledge, TKPOA Board of Directors, the estimated business and service levels that can be spent Board Subcommittee, the Finance Committee, Cove during a budgeted month based on actual business levels Advisors and the TKPOA Management Team will analyze that occur. An important consideration when looking at the proposed budget drafts and the final draft. The final the “line items” in the operation budget funds is what budget that is adopted will be then used to determine are the expectations of the community members and the Annual Member Assessment that will balance the what is the balance that needs to be achieved between budget and cover all the Fiscal Budget years’ expenses for costs of operation and the service that can be provided. If the TKPOA. It takes the entire Budget process, the TKPOA these expenses are too high, the Finance Committee and Board of Directors, Cove Advisors and Finance Committee TKPOA Management will look for ways to lower expenses all through volunteer hours, and the TKPOA Management without comprising service. If budget does not balance, Staff to work numerous hours to prepare the optimal the Finance Committee may have to make some tough financial plan for the upcoming year, for the approval of a decisions and recommendations to the TKPOA Board of new Fiscal Year’s budget.

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ATTENTION TKPOA MEMBERS Effective October 1, 2021,

the U.S. Postal Service has downgraded First-Class Mail and is shifting greater priority towards package delivery.

Please keep this in mind when mailing payments or scheduling payments using your bank’s “Bill Pay” service.

To avoid late charges, please allow more time for your quarterly assessment payments that are sent to the Tahoe Keys Property Owners Association.

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

MAIL PAYMENTS TO: Tahoe Keys POA P.O. Box 1026 Roseville, CA 95678-8437

Meetings and Approvals

By Don Havard, Accounting Manager THE ASSESSMENT PAYMENT SCHEDULE is located towards the

back of every issue of Keys Breeze.

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

LATE FEE APPLIES AFTER

Quarter 1

January 1

January 30

Quarter 2

April 1

April 30

Quarter 3

July 1

July 30

Quarter 4

October 1

October 30

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The Finance Committee reviewed the May 2022 financial statements on June 29th, 2022 and passed a motion recommending that the board for approve them as well. Once the Board of Directors approve them, the financial statements will be posted on the TKPOA website. The Finance Committee also reviewed 2023 Budget Planning report by Ken Silveira and the Budget Development Schedule and reviewed a presentation from 2 Committee members regarding TKPOA Reserve levels.

The Finance Committee next meets on Wednesday August 3rd, 2022 at 10:00 AM.

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More info and registration at donnerpartymountainrunners.com

(530) 826-6635

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Donner Party

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2022 ARCHITECTURAL CONTROL COMMITTEE

MEETING SCHEDULE ACC Meetings are held on Tuesdays January 4

February 1

March 1

April 5, 19

May 3, 17

June 7, 14, 28

July 12, 26

August 9, 23

September 13, 27

October 11

November 8

December 13

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.

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TAHOE KEYS PROPERTY O OPERATING & RESERVE FUNDS NET INCOME RESULTS PRELIMINARY AS OF MAY 31, 2022 (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

$1,219,993

$781,668

438,325

$2,271,666

65.6%

581,272

Water Quality

310,063

288,861

21,202

775,950

62.8%

383,648

Water Company

301,482

252,939

48,544

735,142

65.6%

218,637

$1,831,538

$1,323,467

$508,071

$3,782,758

65.0%

$1,183,557

TKPOA TOTALS

SUBDIVISIONS Cove 1

$37,924

$21,969

15,955

$69,151

68.2%

27,560

Cove 2

32,727

15,911

16,816

64,336

75.3%

30,032

Cove 2A

53,912

25,948

27,964

97,789

73.5%

43,145

Cove 3A

44,349

23,360

20,990

71,979

67.5%

61,130

Cove 3B

39,605

19,766

19,839

67,459

70.7%

28,783

Cove 3C

66,811

45,279

21,532

125,318

63.9%

43,742

Cove 4

30,473

15,751

14,723

57,629

72.7%

29,345

Cove 5

133,788

64,204

69,584

227,911

71.8%

66,768

Islanders I

19,715

11,227

8,488

36,110

68.9%

3,438

Islanders II

32,389

18,150

14,238

60,881

70.2%

26,287

Islanders III

62,878

31,710

31,168

116,038

72.7%

27,145

Tahoe Marina Shores

86,338

42,916

43,422

160,338

73.2%

35,855

13,681

6,375

7,306

30,756

79.3%

13,546

PineStone East

495

342

153

1,027

66.7%

(24,710)

PineStone West

347

229

118

687

66.6%

2,283

7,497

811

6,686

2,431

66.7%

7,321

$662,930

$343,949

$318,981

$1,189,840

71.1%

421,671

$2,494,468

$1,667,416

$827,052

$4,972,598

66.5%

$1,605,228

12

66.7%

Lighthouse Shores

PineStone 3 SUBDIVISION TOTALS ASSOCIATION TOTALS

Operating Months Remaining

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Y OWNERS ASSOCIATION OPERATING AND RESERVE FUND BANK BALANCES AS OF MAY 31, 2022 (ACCRUAL BASIS) FUND

OPERATING

RESERVE

TKPOA Common

$198,056

$1,356,524

$-

$666,211

Water Quality

$71,307

$701,448

Water Company

$62,505

$953,104

TKPOA TOTALS

$331,868

$3,677,287

Com—Channel and Lagoons

SUBDIVISIONS Cove 1

$33,498

$213,685

Cove 2

45,350

223,478

Cove 2A

$4,689

392,324

Cove 3A

23,150

421,848

Cove 3B

$18,732

328,107

Cove 3C

19,977

472,817

Cove 4

56,524

229,450

Cove 5

$20,140

$1,137,078

Islanders I

28,228

286,834

Islanders II

$(5,816)

204,895

Islanders III

$14,643

585,414

Tahoe Marina Shores

70,006

198,123

Lighthouse Shores

64,943

242,183

PineStone East

5,787

85,560

PineStone West

3,068

18,668

PineStone 3

27,354

82,730

SUBDIVISION TOTALS

$430,274

$5,123,193

ASSOCIATION TOTALS

$762,142

$8,800,480

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NOTICE

trus

name

Tahoe Keys Water Company (TKWC) Consumer Confidence Report The 2021 TKWC Consumer Confidence Report has been posted on the TKPOA Website, www.tkpoa.com under Documents>>Water Company>>Reports.

For additional questions, please contact the Tahoe Keys Water Company at (530) 318-4268.

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615 Alpine Drive | Sold 3 Bd 3 Bth 1984 Sq. Ft. $1,500,000

PETER DELILLI 530.308.4331

Call or email me and I can quickly tell you the CalBRE# 00923047 439 Ala-Wai Blvd. #151 | New 2163 Monterey Drive | Sold ETER DELILLI 530.308.4331 of your property 4 Bd 3.5 Bth 2465 Sq. Ft. $2,020,000 or emailvalue me and 3 Bd 2 Bth 1458 Sq.Call Ft. $935,000 ahoe Keys RealPeterDeLilli3@gmail.com Estate Expert and Resident I can quickly tell you the PeterDeLilli.com for all Tahoe Keys properties alBRE# 00923047 value of your property Tahoe Keys Real Estate Expert and Resident

eterDeLilli3@gmail.com eterDeLilli.com for all Tahoe Keys properties

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