He’s enjoyed his years in Hot Springs Village, chief operating officer David Twiggs told the board of directors last Wednesday at the November board meeting.
“It’s hard to give up something you've poured yourself into for three-and-a-half years,” Twiggs said during his report to the board. “I have to keep reminding myself – this is how we planned it.”
Chief financial officer Lesley Nalley assumes duties as chief executive officer Dec. 1. Twiggs will remain in a consulting role for several months.
“I have much confidence in Lesley and her staff,” he said. Placing good people in the right positions is a key to success. “Nothing happens without key staff people,” he said, also thanking Linda Mayhood, assistant general manager.
Change is inevitable in life, Twiggs said. “Nothing stays the same, in time. Our plan changes as the realities of the world change,” he said. “I’ve really enjoyed my three-and-a-half years here.”
The Village has a bright future, he predicts. “I really believe this community will be one the the leading destination communities in the next few years,” he said.
After Twiggs” comments, Nalley thanked him for his vision in leading HSV.
In her financial report, Nalley said she’s optimistic about the budget. The fiscal year ends Dec. 31. In the October financial report, the CFO expressed concern about the golf department being behind budget, but the golf department made up a lot of ground in the past month, she said.
She thanked golf director Ray Metz and staff for their efforts. Despite weather and other challenges, the department was $91,000 ahead of revenue by Oct. 31, compared to the same period a year earlier.
Nalley said the assessment collection team has been doing well.
The outcome of a lawsuit challenging the POA’s two-tier assessment and overlay zones remains pending. Appellants Gene Garner and Lynda Narug appealed a 2015 Garland County Circuit Court ruling to the Arkansas Court of Appeals last year, and the appeals court transferred jurisdiction to the Arkansas Supreme Court last March.
A ruling is expected any time. The high court has dealt with a number of issues this session, including challenges to ballot issues.
It’s nearly time to review the POA’s decision to fully escrow funds collected this year at the new $65 rate on improved lots, Nalley said. While she hopes the court will rule by December, the POA should consider its financial condition to see if a portion of the funds should be used.
If the Supreme Court rules in the POA’s favor, the POA would first pay back its line of credit, then embark on other issues, she said.
Vice president John Weidert said the line of credit was obtained for exactly such a situation.
Also in Nalley’s report, she praised Mayhood and staff for a successful POA auction of used equipment. For the first time, bids were accepted online, which drove up bidding.
Also, the Garland County Hot Springs Village public facilities board met recently. Nalley said the POA is meeting all legal obligations for this year’s issuance of $2 million in wastewater bonds. Some $81,000 has been spent, but all but $47,000 has been committed. Work will include manhole rehabilitation and work at Mill and Cedar Creek wastewater treatment plants. Manhole work should be completed by the end of March. Treatment plant work should be completed in 2018.
In old business, the board approved the golf department’s chemical and fertilizer early bulk orders for the 2017 season. Vendors provide discounts – $37,000 in rebates were enjoyed this year.
In director comments, George Parker said HSV Lions clubs will jointly develop a community garden as part of Lions Clubs International’s centennial next year.
Next year’s Hot Springs Village Property Owners’ Association board election calendar was approved. Applications for board seats will be available Dec. 1 (see related article).
During public comments, two Lake Pineda owners expressed concern about lake vegetation. Owner Joanne Pegler expressed concern about expanding vegetation in the lake. She presented a poster of photos made last year, and said vegetation has grown worse.
Lakes are a key amenity, and vegetation affects property values, she said. While Lake Balboa has hydrilla, other lakes have issues, including Cortez, Maria and others, she said.
She said owners will work with the POA in rectifying the problem. Some sterile grass carp have been placed in Pineda, but more efforts are needed, Pegler said, adding, “We've got to have an answer."
Boat operators sometimes must stop and clean propellers in mid-lake.
Owner Gail DeJardin spoke next and also asked for the POA's assistance.
In the consent agenda, Dennis Block was appointed to the lakes committee.
The December board meeting will be 9 a.m. Dec. 21 in the Ouachita Activities Building, Ponce de Leon Center.