Annual Meeting Closing Comments

Closing Comments
Annual Meeting, April 28, 2018
Tom Sopko

First of all let me apologize for not being at the Annual Meeting. Unfortunately, Grandparents Day, which is out-of-state, is conflicting with the Annual Meeting. Grandparents day is a very important family event, just as the Annual Meeting is important to our Members. Thank you Jack McMillin for filling in.

As you all know I am not seeking reelection. I will be moving on to handling pressing family matters. So let me say a few things about your Association that I know have already been said, but I would like to re-emphasize:

This Board has made decisions that I believe looked out for your personal interests as a Member. I know that many of you may not feel that way, but rest assured that the Board had the entire paid Membership in mind, when making decisions, all 1150+ of you, and that number does not include your family members or guests, which would bring the total to well over 3000. Some of the decisions made will never be evident to Members, due to privacy, legal, and property value issues. I hate to say “Trust Us”, but you will have to “Trust Us”.

I also hate to say, “it’s all about Money”. I know that Money isn’t everything, but it does power the Association. As you just saw, we have accomplished a lot while maintaining a balanced budget. We have reduced the interest payments on debt as well as reduced the principal on debt; we have built a new Office; we are dredging at no additional cost; we continue to improve existing amenities and we started a reserve fund so that surprises do not require extra assessments. And we could do more if everyone paid, so please understand why we are such sticklers over verifying you are a paid member to use amenities. But, we do not have the Money to enclose a swimming pool, build a gym, or rake the weeds from each and every lakefront lot. The Association is not about deficit spending like our Congress. However, if you want these types of amenities, it is possible; it will just take more assessment Money.

And in regards to Money, please try to keep things in perspective. Your Board manages about $4,000 per day, or $1.2million for the year. Every decision will not be perfect for everyone. To move along expeditiously, decisions cannot include every Member, that is why you have a Board. Try to remember that $10,000 spent is less than 1% of the annual budget.

Being a Board Member is very time consuming. Remember the Board is made up of unpaid volunteers. And the Board lives by the same Rules and Bylaws as does every other Member. \

Speaking of the Board, you have a great Board and they deserve your support and respect. The Board is a work together group and is not a rubber stamp-yes-man group. Most decisions are not unanimous. Board Members respect one another and move on to the next issue whether or not they got their way on a previous issue. And I would like to thank the Board for this. It is what makes it a pleasure to be on a Board.

Also, remember our employees, Dan Mullins; and the Office staff, Pat and Jen; the Maintenance Staff; and the Summer Help. These are the people who make it possible to have pools, pavilions, volleyball and tennis courts, dredging and other amenities.

I would also like to thank our clubs and standing committees. Their work and social commitment to the Shores are the backbone of this Association.

Let’s not forget our Attorney, David King. David has helped us in recent years through many legal issues and has kept us out of a lot of legal problems, especially in today’s litigious prone society. For me it’s been an interesting four years, probably business as usual for David.

And I would especially like to thank the new Village Management. “It takes two to tango” and the Association finally has a dance partner. Let’s work to continue this relationship. And let’s not forget that the other lake associations envy our position, because there are things that can be best handled by a private corporation, like the Association, and there are things that can be best handled by a public entity, like the Village. Everyone has their role and it needs to be nourished and developed. And let us not forget, we are all both Members of the Association and we are all residents of the Village.

Lastly, I would like to thank you the Member for your support of the Board and the Association. If I could ask you to do one more thing, it would be to support a club. If you can’t find a club you like, start a club and rally for your club’s support.

I would like to thank each Member and their families for attending today. And if I could embellish a line about living at the Shores from last year’s Annual Meeting:

It’s not perfect, but it is Great.

Join the Board and your neighbors for refreshments in the kitchen area. Your new Board will need to excuse themselves in about 30 minutes for a brief meeting to elect your Officers for the 2018-2019 program year.