All ten ballot items pass at annual budget meeting

1217 steve and landy high five
PHOTO: Steve Sestak, Q Inc. Board President and Chairman of the Strategic Planning Committee (2nd from left) and Landy Boling, member of Strategic Planning Committee, exchange hearty congratulations following the November Annual Budget Meeting, during which members voted in record numbers to move forward on a Community Center, Golf Practice Range, Beach Pavilion and Nature Center. Joining in the moment are Margaret Bowker (left), Board member and Vice Chair of the SPC; Don Cox (4th from left), member of Golf Committee; John Nelson (putting on jacket in background), Board member and Chair of Lake and Residential Committee; and Jim Wright (right), member of the Lake Quivira Foundation.

 

 

 

 

 

 

Q Inc. Annual Budget Meeting results
2018 Operating & Capital Budgets

Ballot Item #1: To authorize the increase in monthly dues for the Operating Budget, effective January 1, 2018. Passed 250 in favor and 93 opposed.
Ballot Item #2: To authorize the increase in monthly dues for the Capital Equipment Fund. Passed – 302 in favor and 41 opposed.
Ballot Item #3: To authorize the increase in monthly dues for the Capital Asset Reserve Fund. Passed – 299 in favor and 45 opposed.
Ballot Item #4: To authorize the expenditure of up to $377,640 from the Capital Asset Reserve Fund for the following Community Projects: Road Maintenance, Storm Water Maintenance, Tree Maintenance, Irrigation (Common Areas). Passed – 325 in favor and 20 opposed.
Ballot Item #5: To authorize the expenditure of up to $236,410 from the Capital Asset Reserve Fund for the following Country Club Projects: Clubhouse, Golf Course, Golf Shop/Range, Tennis (Court Resurfacing). Passed – 285 in favor and 61 opposed.
Ballot Item #6: To authorize the expenditure of up to $154,102 from the Capital Asset Reserve Fund for the following Administrative Projects: Computer Systems, Security, Emergency Reserve (All Departments). Passed – 306 in favor and 40 opposed.

2018 Strategic Projects

Ballot Item #7: To authorize, with respect to the design, construction, equipment and furnishings of the Community Center: Design Funding, Construction Funding, and, subject to the determination of a viable financing and funding alternative, the expenditure of up to $5,500,000 from the Capital Asset Reserve Fund for the Community Center. Passed – 202 in favor and 140 opposed.
Ballot Item #8: To authorize the following provisions with respect to the design, construction, equipment and furnishings of the Golf Practice Facility: the increase in monthly dues for the Capital Asset Reserve Fund of $15 per month for Homeowners, Lot Owners, Country Club, and Junior Country Club members, effective January 1, 2018, through December 31, 2037 (240 months); and the expenditure of up to $1,200,000 from the Capital Asset Reserve Fund for the Golf Practice Facility. Passed – 209 in favor and 134 opposed.
Ballot Item #9: To authorize the construction of a Beach Pavilion on the Dedicated Area of Crescent Beach. No funding from Quivira, Inc. is required for this project. Passed – 308 in favor and 38 opposed.
Ballot Item #10: To authorize the demolition of the existing Isolation Horse Barn and the construction of a Nature Center on the Dedicated Area of the Equestrian Center. No funding from Quivira, Inc. is required for this project. Passed – 307 in favor and 32 opposed.