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This profile was last updated on 1/14/12  and contains information from public web pages.

Treasurer

CITRUS COURSE HOMEOWNERS ASSOCIATION
 
Background

Employment History

Board Memberships and Affiliations

52 Total References
Web References
Minutes, January, 2003
www.citrushoa.com, 14 Jan 2012 [cached]
Curtis Barlow, Secretary Jim Jepson, Treasurer
...
Jim Jepson made a motion to i) paint the curb red on both sides of the center islands located on Mandarina, near both the Cayman and Cozumel gates, and ii) sandblast the existing red curbs at the corner of Sandia and the area located by the sales trailer and model home located on Mandarina.
...
There being no further business to come before the Board of Directors, Jim Jepson made a motion to adjourn the meeting at 11:50 a.m. Curtis Barlow seconded the motion, and the Board unanimously approved it.
Minutes, January, 2003
www.citrushoa.com, 14 Jan 2012 [cached]
Jim Jepson, Asst Treasurer and ABG representative
...
Jim Jepson is the new representative from the ABG.
Present: Bill Jones, Vice President ...
www.citrushoa.com, 14 Jan 2012 [cached]
Present: Bill Jones, Vice President Jim Jepson, Treasurer
...
Jim Jepson reviewed the June 2011 financial statements and forecast. Tim Galbraith made a motion to approve the June financial statement with the correction noted by Jim Jepson's report.
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Jim Jepson reviewed the Association's Investment Policy and Reserve Cash Flow Plan which describes the ladder of Certificates of Deposits, amounts, locations, maturity dates and rate. Jim Jepson noted that the First Foundation Bank is negotiating to acquire Desert Commercial Bank in late 2011. If this merger happens the Association will have $384,686 invested until the first maturity on February 4, 2012. The early withdrawal penalty equals three months of interest. Based on this information the Board of Directors decided to leave the money until maturity.
Jim Jepson made a motion to authorize legal counsel to file a lien on APN 77614009-2 and APN776250007-0 for delinquent assessments.
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Jim Jepson reported that there are 34 delinquent accounts with a balance greater than $100 of which are more than 90 days delinquent.
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Bill Jones reported that Jim Jepson, Tim Galbraith, Barbara Vanscoder and himself met with Diana Garcia and Scot Kohler from Time Warner Cable to discuss the upcoming contract renewal options.
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Jim Jepson seconded the motion, and the Board of Directors unanimously approved it.
...
Jim Jepson seconded the motion and the Board of Directors unanimously approved it.
...
There being no further business to come before the Board of Directors, Bill Jones made a motion to adjourn the meeting at 11:15 a.m. Jim Jepson seconded the motion, and the Board unanimously approved it.
Minutes, January, 2003
www.citrushoa.com, 14 Jan 2012 [cached]
Curtis Barlow, Secretary Jim Jepson, Treasurer
...
Jim Jepson made a motion to approve the Financial Reports for December as submitted.
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Mr. Jepson reported that there was no significant change in the monthly forecast from the previous month.
Mr. Jepson reported that the first draft of the 2010-2011 reserve study was received late Friday. SCT is recommending no increase in the reserve funding for the current year and a 5.34% reserve funding increase over the next thirty years. If this approach is followed, the allocation that was to be allocated to reserve funding could be shifted to the bad debt line category in order to cover the unknown debt that could occur if the developer accounts remain delinquent.
Jim Jepson made a motion to approve the reserve study with no increase in funding for the 2010-2011 budget. He suggested that the Board keep in place the 5% increase in assessments for 2010 that was approved but allocate the additional funds to cover bad debt expenses.
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Jim Jepson made a motion to authorize Guralnick & Gilliland to execute and record a lien on APN 776-240-011.
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There being no further business to come before the Board of Directors, Jim Jepson made a motion to adjourn the meeting at 12:26 p.m.
Minutes, January, 2003
www.citrushoa.com, 14 Jan 2012 [cached]
John Westcott, Director Jim Jepson, Treasurer
...
The motion was seconded by Jim Jepson and unanimously approved.
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