2021 Annual HOA Meeting

Given the ongoing COVID-19 pandemic and concerns regarding the spread of the Delta variant, Lochmere Association conducted its business by mail-in ballot, specifically authorized under the NC Nonprofit Corporation Act.

The 2021 Annual Meeting of the Lochmere Homeowners’ Association was officially held on October 26, 2021 at 5:00 PM (the date and time the ballots were due).  322 mail-in ballots were received. The quorum was achieved. The 2020 minutes and the IRS RULING 70-064 (Surplus Funds Allocation) were approved.

An informational meeting for all Lochmere residents was held virtually on Thursday, October 28, 2021, at 7:00 PM.   Lori Jones of Jordan Price Law Offices served as the Moderator.

The information meeting was attended by 55 residents including the Board and Committee representatives.

Board President, William Jansen, made opening remarks and announced the Board election results. William announced that the ballots had been counted and that Joe Jones had received the most votes and would be serving on the Board of Directors for 3 years with their terms expiring in 2024.

Board Treasurer, Sharon Lee, presented the Financial Report and the 2021-2022 Operating Budget. The 2022 assessments will increase by $33 per lot to $656 for the year.

After Sharon’s reports, each Committee representative presented their respective committee reports which included their accomplishments in 2021 and their goals for 2022.

At the conclusion of the Committee reports, the Board and committee representatives answered general questions from the membership that were typed into the virtual meeting platform.

To view the Meeting Replay, Power Point presentation and the 2021-2022 Operating Budget, please see the attachments below.

Remember that you must be logged in as a Resident to access the documents.