Village of Jester Crossing Maintenance Corporation

106 Roeper Street

Bear, DE 19701

General Meeting Minutes

Tuesday, January 19, 2016

Sandy Cornell, President & Treasurer

Juanita McCormac, Vice-President

Mary Casper, Secretary

Tom Chas, Member

Bob Heinz, Member

Barbara Cochran, Member

Conchita Showell – Ad Hoc Member

Sandy Cornell called the meeting to order at 7:05 pm. All Board members were present. There were a total of 28 in attendance.

Sandy took a few minutes to introduce the Board members and new residents to everyone.

Sandy and members of the Board answered a few questions from the residents regarding the 2016

budget prior to residents submitting their votes. Two members of the community who are not on the

Board volunteered to count the votes, and Tom Chas validated their findings. The budget was passed unanimously.

There was a brief discussion regarding DUCIOA led by Tom, who informed us about how our
community figures into it. Sandy indicated that, by following DUCIOA regulations, the community has

maintained a Capital Reserve Fund, currently at $202,000, to cover the future expenses of replacing

roofs, siding and gutters. When a new resident asked how the Reserve was funded, she replied that

the Board takes approximately $1,000 each month out of our dues and puts it in an interest-bearing

portfolio with Ameriprise Financial.

Conchita Showell gave a brief overview of the ongoing projects for the widening of Route 72 and the

proposed WaWa at the intersection of Routes 71 and 72. When asked by a new resident how much of

our property will be taken for the Route 72 widening, she replied that a strip about three (3) feet wide

and that the widening is scheduled to begin anywhere between the end of 2016 and spring of 2017. We

do not know exactly when construction of the WaWa will commence. She said that the builders seem to

be willing to work with our community to ensure favorable landscaping to buffer the view of the station.

She, Tom and Sandy have met with them already, and we will meet again to review the planting plans.

The meeting was adjourned at ~8:05 pm.

Respectfully submitted,

Mary Casper

Secretary