Fox Point Update: February 2022 Edition
- On February 3, 2022
By Abe Ryder | Email
Greetings Fox Point Neighbors!
I’m honored to have been elected to serve as the FPHA Board President for 2022. Fox Point is a special community for all its amenities, social activities, welcoming neighbors, and friendly families. For those who do not know me or our family, we will be celebrating a decade in the neighborhood in 2022, having moved from Chicago to Barrington – a familiar story for many of you, I’m sure. We could not have asked for a better place to establish our roots. You will see our family at many activities from the Fox Point Dolphins swim meets to the football and soccer fields to the basketball court to scouting activities and much more. I look forward to serving the neighborhood in this new capacity.
On January 24th, the FPHA held its last meeting of the 2021 Board where we approved the 2022 budget, held our Annual Meeting, elected new board members, and held the first meeting of the new Board transitioning outgoing members to incoming members. It was a busy evening with three meetings and an election. We exceeded the 10% quorum required to officially host the meetings and certify the election. Thank you to Tim Gall, our Secretary, for all of the prep work and coordination of all of the activities including the in-person voting held at the Fox Point Pool House. Another big thank you to Cheryl Laurence and Denise Jobes for volunteering to serve as election clerks.
As you will see in our Treasurer and Common Grounds reports, the Board as a part of the 2022 capital budget will be working on a major project to refurbish the monument walls on the North and Southside of the Valley Road entrances. Thank you to Jay Roberts for the significant amount of time, energy, and effort in due diligence and planning that has gone into this project as well as messaging to the neighborhood over the past year on what is coming. Once the ground thaws and spring emerges, you can expect work to start.
We thank our outgoing Board members for their service: David Jobes, serving as Lake Chair the past three years pushing treatments to reduce our algae blooms on Lake Louise; Lynn Douglas serving as Treasurer for many years ensuring fiscal responsibility and who has served for ten non-consecutive years on the Board; and Margaret Graff serving as President in 2021 providing leadership and guidance to all Board members and her service to the Board for six non-consecutive years. We thank all of them for their service to our community and the legacy they leave behind. At the same time, I’m pleased to welcome three new members to the Board: Andrew Schwarz (Architecture), Bill Graff (Safety and Welfare), and Kyle Powal (Treasurer), all of whom are serving for the first time as Fox Point Board members. A big welcome to you all!
As always, your FPHA Board is here to answer questions, provide guidance and serve as stewards for our homeowners’ association and the neighborhood. We look forward to another productive year. Please don’t hesitate to reach out!
By Kyle Powal | Email
Hi neighbors! I am honored to join the Fox Point Board and will be serving as Treasurer. For those I have not yet met, my family and I moved into Fox Point in 2015 after relocating from Dallas, TX. I grew up on the other side of the Cuba Marsh, right behind the Braemar neighborhood, and my wife, Kristin, is from Cherry Valley. We have three wonderful children, ages 6, 4, and 2.
I am focusing my career on underwriting commercial casualty insurance and I work for a company called Markel. We love all the wonderful families we have connected with over the years, and we look forward to getting to know all our neighbors better!
Your Board of Directors adopted the 2022 Annual Budget as proposed and published in December 2021 News which can be found here 2022 Annual Budget.
The 2022 Annual Assessment is $1,175.
Our CPA, Picker & Associates, will mail invoices to all owners of record before February, month-end. The Assessment is for the 2022 calendar year and will be due no later than March 31, 2022. If your mailing address has changed or if you do not receive an invoice by February month-end, please contact Linda Smith at Picker & Associates at 847-541-4000 for a duplicate copy of your invoice.
2021 Financial Statement
We are in solid financial shape while continuously replacing legacy infrastructure and continuing our commitment to restoring the health of our lake. Since 2015, we have invested more than $3 million into capital projects. All these investments were funded without incurring debt and/or imposing a Special Assessment.
- All 411 homeowners satisfied their 2021 Annual Assessment.
- All in, across all accounts, we have $900,000 in cash, of which $850,000 is in Capital Reserves.
Operating Expenses are mostly routine, recurring monthly, or seasonal expenses. Overall, we had a favorable variance, budget vs. actual spending.
Capital Reserves are funds set aside and accumulated for major repairs, renewal, and replacements of assets as well as funding our ongoing commitment to restoring the health of Lake Louise. Overall, we had a favorable variance, budget vs. actual spending.
Capital Projects targeted for 2022:
- Masonry Wall Restoration- $250,000
- Pool Heater/ Ventilation- $50,000
- Main Pool Painting/Refinishing-$30,000
- Phoslock Treatment- $36,000
- Dead Tree Removal-$11,000
- Fish Restocking- $7500
- Website Refresh- $4,500
- Reserve Study Update- $4000
- Pickleball Court-$2000
Further information about these projects and the 2022 budget can be found in the December 2021 Newsletter
The 2021 compiled Financial Statement, prepared by our CPA, can be found here Financial Statement.
Safety & Welfare
By Bill Graff | Email
My name is Bill Graff and I am pleased to be managing the category of Safety for our Fox Point community! My wife, son, and I have lived in Fox Point since 2006, and have enjoyed everything the community has to offer, particularly the safe surroundings around our neighborhood.
My goal is simple: keep things safe for everyone! From our children to our seniors, and all of us in between, we collectively need to feel good about moving around Fox Point. All the simple things like not exceeding the speed limit, obeying yield signs, paying extra close attention around the lake and pool areas are all goals WE must accomplish together.
I’ll be emphasizing the rules of the road we have all lived by in the past, so as to keep things running smoothly throughout 2022 and continue being the BEST neighborhood in 60010!
By Andrew Shwarz | Email
Fox Point Friends – I’m pleased to be serving as your Fox Point Architecture Chair for the upcoming year. If I can be of any assistance as you undertake projects for your property, please send me a message via the Nextdoor App (link to my profile).
Please remember that your first priority with any home improvement project should be to follow Barrington’s Village Building Code and permitting process. To learn if your project requires further review and approval by the Board, you can follow these guidelines.
While the warm weather months may seem far-off with this fresh round of snow, now is an ideal time to begin speaking with contractors to perform work beginning in the spring. With prices for materials and labor demand on the rise, the sooner you can get the work scheduled, the better.
Be on the lookout for more information on maintaining and enhancing our neighborhood’s charming architecture in the months ahead. I look forward to partnering with you!
By Criss Chang | Email
Hello Neighbors and welcome new 2022 FPHA Board members. We are just 4 months away from the pool season and we are already preparing for opening Memorial Day weekend. More info to come as we get closer to Spring, but in the meantime, please stay safe and warm.
By Rena Slovick | Email
Fox Point Ladies Holiday Party
Join the neighborhood gals for an afternoon of food, friends, and fun!
Date: Saturday, February 5th, 2022
Where: Region Kitchen & Bar
$65 per person includes:
Heavy Appetizers, Soup, Salad, and 3 Drink Tickets – A cash bar will also be available
As always, if you feel sick, please stay home! Region will continue to follow the IDPH guidelines in their county.
There are no refunds, if you have any questions, please reach out via EMAIL
Fox Point Card Party
The rumors are true! After a 2-year hiatus, the Card Party is returning to Makray Memorial Golf Club on Friday, April 29th! Feeling Lucky? I’m looking for 1-2 people to be “assistants to the card party chairs” in hopes of learning the ropes to take this event over in 2023. Shoot me an EMAIL and let me know if you’re interested in spearheading the hottest event of the season. This event does sell out so keep your inboxes open!
Fox Point Swag
New to the ‘hood? Need proof that you live here? Fox Point Social can fix that! There are a select amount of Yeti 30oz Tumblers, 20 oz Tumblers, Wine Tumblers, & Car Magnets in stock (aka in my guestroom) Click on the SUG below to order. All drinkware is in Black & White (#barringtoncolors) etched with the Fox Point logo in Silver. Kids Water bottles are 12oz and are Red.
Please comment with your home address and we will drop off your orders. Reach out via EMAIL with questions.
Keep an eye on the FoxPoint.org Events Calendar, Nextdoor, or via email for continued Social Updates! A lot can happen in between Newsletters. Follow us on Facebook and Instagram and EMAIL us your best Fox Point photos for inclusion on our Social Media pages!
By Mark Villalovos | Email
Neighbors and friends. I am pleased to be serving as Civic Affairs Chair once more in 2022. In addition to pledging to get the Newsletter out in a timely manner, I am looking forward to enhancing the FoxPoint.org website this year. If you haven’t been there in a while, I encourage you to check it out, and please share your thoughts, feedback, and ideas via email. Please include “Fox Point Website” in the subject line and if you wish to have your photos featured, please include the first name and last initial of anyone in the photo along with your name for photo credit. Here’s to a stellar and neighborly 2022!
By Jay Roberts | Email
The monument walls are now finally on deck for repair! Please look for future communication throughout, as we start our journey to repair these structures. Below is a snapshot of what to expect from a timeline of events to occur. This comes after many months of exploring our options, gathering quotes, and talking to many different vendors that could provide a professional opinion on the current repair and future health of the walls.
- Starting now through April 2022: FPHA will request official bids from vendors that will be evaluated by the board. This will include vendors that will specialize in landscaping, drainage, and fencing.
- Monument Wall Refurbishment to begin April through August 2022: We will complete one wall at a time determined by need or other circumstances that are beneficial to our homeowners or vendors. All aspects of landscaping, drainage, and new fencing will be part of each wall.
- Post-Monument Wall Refurbishment Maintenance August 2022 onwards: As an association, we will need to commit to a long-term plan to protect our investment. At a minimum, we will do annual inspections to stay within our warranties and take a more proactive approach than what we have done in the past.
Again, please continue to look for updated information as we begin to make these repairs. Should you have any questions or need further clarification, please give me a call.