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Welcome
 
 

Our community website was developed to serve as an informative resource for both our neighborhood and our local community. Please feel free to contact us with your comments and suggestions.

~ Neighborhood News ~
Message to Terra Ridge Members
Posted on Jun 28th, 2015
Thanks to the 28 members that attended the June 22, 2015 Annual Members Meeting and to those that sent in proxies.
 
Members approved a budget for the year ending June 30, 2016 that continues the monthly fee at $200 and increases the portion of that fee going to the Reserve for Replacement from $40 to $44 per month.  In the next year, the Association plans to develop an investment policy to diversify the investments held in the Reserve for Replacements and the board may establish goals for the percentage of funding of future expenditures.
 
Members elected Jacki Brennan, Mark Vant Hul, Ron Scholten and Tom Pronk to the board of directors.  An amendment to the by-laws was approved to more clearly establish processes for funding deferred maintenance expenses and to allow limited borrowings from the Reserve for Replacement to the Operating Account if an emergency should cause the Operating Account to be depleted.  
 
The Annual Meeting information package will be delivered to those members who did not attend.
 
Following the members meeting, the Board of Directors elected: Stan Miller, President, Chuck Hesse, Vice President and Ron Scholten as Treasurer. Committee chairs will be selected in July.
 
The Association still needs members to join committees:  Grounds, Building, Finance, Social and Governance. We especially need members with investment knowledge to help draft an investment policy. Please volunteer for a committee by sending an e mail to hoa@terraridge-hoa.com  or smiller52240@gmail.com  All committees are open to all members.
 
On a final note, please remember that all modifications to buildings or grounds require a formal Modification Request to be approved by the Board of Directors prior to any work being done.   This includes any addition or removal of existing landscaping, exterior installation of antennas, painting of exterior doors, etc. Expect 30-60 days for this process if you plan to have any work performed. The rules and the application forms are on the website.
 
Happy Summer to All,
Stan Miller, Board Member and President
 
 
 
 

 

 
~ Upcoming Events ~
Terra Ridge Potluck
Saturday, August 29th, 4:00 pm at 2254 Jessica Lane (Backyard)
Details to follow
 
Board of Directors Meeting
Monday, September 14th, 6-8:00 pm at Coralville Library, Meeting Room B
All Terra Ridge Homeowners are invited to attend the meeting.
 
Board of Directors Meeting
Monday, October 19th, 6-8:00 pm at a Destination to be Determined at a Later Date
All Terra Ridge Homeowners are invited to attend the meeting.
 
Board of Directors Meeting
Monday, November 16th, 6-8:00 pm at a Destination to be Determined at a Later Date
All Terra Ridge Homeowners are invited to attend the meeting.