October 2022 Newsletter

Posted on October 6th, 2022

Lakeside Club

October 2022 Newsletter

Financial Information

Reminder: Monthly dues increase to $450/month beginning October 1, 2022. An additional assessment of $1,320 per unit will be levied, payable in 12 monthly payments of $110 per month, beginning October 1, 2022 and ending September 1, 2023.  In lieu of monthly payments, a one-time discounted payment of $1,250 will be accepted, payable by the end of October 2022.

LAKESIDE CLUB CONDOMINIUM ASSOCIATION

TREASURERS REPORT FOR OCTOBER 2022

FOR THE ONE MONTH AND TWO MONTHS ENDING AUGUST 31, 2022

   

August

 

Year To Date

Fiscal Year Budget Over (Under) Budget
Revenue $33,452 $66,505    
         
Expenses:        
  Personnel Costs 10,000 16,575 126,000 (109,425)
  Utilities 5,853 12,294 66,900 (54,606)
  Professional Fees 1,690 3,140 24,900 (21,760)
  Maintenance 34,080 58,240 135,300 (77,060)
  Insurance 3,583 7,162 44,100 (36,938)
  Office 423 647 5,400 (4,753)
  Depreciation 87 174 2,100 (1,926)
     Total Expenses $55,716 $98,232 $404,700 ($306,468)
Income(Loss) ($22,264) ($31,727)    
         
      Current Year Prior Year
Expenses as a Percentage of Budget     18.77% 17.74%
Operating Cash Balance     $39,815 $63,413
Amount Owed to Other Funds     $39,792 $29,013

 

         

Landscape Project

Thank you to the landscape task force and Dave Reder for leading the project.  The project has begun and is in progress on two buildings.  Weather conditions and availability of plant material may push full completion into Spring 2023. Please review your annual meeting minutes for a detailed description of the project.   

During the tear-out process, a small corner of a roof and a wooden post were damaged.  Repairs will be done soon.

Project/Grounds Update

  • Lighting project is almost complete, except for 10 fixtures that still need to be installed on the rear decks of D and E buildings. The order is expected to arrive soon and be installed this fall.
  • Deck headers—The project could begin mid-October, though it may be best to wait until spring when temperatures are warmer to pour footings, etc.
  • Hot tub bubbler has been repaired and is working.
  • Deer repellant will be sprayed on main hedges and on vegetation in the boat yard. This is done each fall and proves to be very effective.
  • Asphalt will be repaired where the water main break occurred. Additional bad spots in the roadway may also be repaired.
  • Pool house was treated for ants and spiders.

Fall is here so it is time to get ready for cold and snow.

Winter Reminders

  • Hoses must be removed from external faucets and faucets shut off. 
  • All planters, flowerpots should be removed from the stairs and sidewalks prior to November snowfall.
  • Be sure to check all windows to ensure they are securely closed.
  • Set thermostat for heating with a minimum temperature of 55 degrees when not occupied.
  • Moorings should be removed from the lake or properly marked with a smaller winter buoy. We will be removing abandoned moorings in the spring so at that time, please make sure your unit number appears on your buoy.
  • Watercraft and trailers must be properly stored for the winter.
  • Please call the office with any questions regarding winterization.

John Lehman shares information from the LSC website and info about Local Events and Activities in October.

Web page of the month:           petoskeylsc.com           (password) LSC76Owners

                                                About Lakeside Club (PUBLIC SECTION, LAKESIDE CLUB)

Why did you come to Lakeside Club?

This page, which provides information about our Association for the general public, gives some of the many reasons for living here and includes testimonials by current owners.

Local Events and Activities in October

At 7 pm on October 1, the Great Lakes Chamber Orchestra will present “Aspects of America,” a journey through the history of American Music. (https://glcorchestra.org/concert/aspects-of-america/)

Beginning October 3 through November 28, you can take an in-person mindfulness-based stress reduction course presented by Amy Janssens. (https://www.ncmclifelonglearning.com/event-4950478)

At 11:30 am on October 7, Rod Cortright will present the NCMC luncheon lecture “Discoveries from Deep Space” about the James Webb Space Telescope. (https://www.ncmclifelonglearning.com/event-4944420)

At 4 pm on October 9, join the Little Traverse Conservancy for a “Hike & Hops” event involving refreshments at Bier’s Inwood Brewery. (https://landtrust.org/events-template/hike-and-hops-biers-2/)

At 4:30 pm on October 12, join Eric Hemenway and artist Jana Harper from the Goodhart Artist Residency for a walk in the Woollam Nature Preserve just south of Cross Village. (https://landtrust.org/events-template/history-culture-art/)

At 5 pm on October 12 or October 19, join Sierra Bingham, Certified Herbalist, to learn about wild plants and their properties. (https://www.ncmclifelonglearning.com/event-4932379)

At 7 pm on October 13, Rick Mixter will speak about the Edmund Fitzgerald investigations in the NCMC Library Conference Center (https://www.ncmclifelonglearning.com/event-4797610)

At 6:30 pm on October 20, Christopher Struble will lead a walking tour of “haunted” Bay View cottages known for their unexplained happenings. (https://www.ncmclifelonglearning.com/event-4943537)

At 7 pm on October 20, Harbor Springs Historical Society curator Beth Wemigwase will discuss the history of prohibition in Harbor Springs on Zoom. (https://www.harborspringshistory.org/events/?action=evrplusegister&event_id=72)

At 11:30 am on October 21, author Randy Evans will present the NCMC luncheon lecture “Doing Good Better” about volunteer activities. (https://www.ncmclifelonglearning.com/event-4944465)

At 2 pm on October 22, hear the Vienna Boy’s Choir, the world’s foremost children’s choral group, at the Great Lakes Center for the Arts. (https://www.greatlakescfa.org/events/detail/vienna-boys-choir)

Thank you to Shelly Germain, Greg Waller, Kevin Kissinger, Dave Reder, and John Lehman for their contributions to this newsletter.

Carol Woodhurst