Annual Meeting 2018 The Landings Association, Inc. February 26, - - PowerPoint PPT Presentation

Annual Meeting 2018

The Landings Association, Inc. February 26, 2018

2017 Landings Association President Jim Rich

Agenda

• Call to Order
• Approve Minutes of 2017 Annual Meeting
• 2017 and 2018 Boards of Directors
• Volunteers of the Y

ear

• 2017 Y

ear in Review

• 2017 Financial Report
• Marketing Update
• 2018 Key Initiatives and Priorities
• Questions

Approval of the Minutes

• f the 2017 Annual

Meeting

2017 Board of Directors

• Jim Rich - President
• Hank Policinski - Vice President
• Joyce Marble - Treasurer
• Terry Breyman - S

ecretary

• Blake Caldwell
• Rick Cunningham
• T

.J. Hollis

• Nancy Pavey
• S

am Hatcher

• Rex Templeton - Ex-Officio

Retiring Board Directors

Terry Breyman Nancy Pavey

2017 Volunteer of the Year

 First Responder  Bet hesda Barn Builder for more t han 10 years  Bot t le Brigade  Volunt eer Firefight er wit h Chat ham

Emergency Services Skidaway Division

 Member of Skidaway Island Unit ed Met hodist

Church’s Trust ee Commit t ee for eight years

 Long-t ime ARC member

2017 Volunteer of the Year

Bill Haeger

2017 Volunteer Group of the Year

2017 Volunteer Group of the Year

 Formed in 1983 by communit y volunt eers  Mission is t o ensure rapid medical

response t ime for members of our island communit y

 Group consist s of approximat ely t wo

dozen act ive/ ret ired nurses, paramedics, EMTs, and ot her st at e-cert ified medical professionals.

 First Responders go t hrough rigorous

t raining, including 40 hours of classroom inst ruct ion and pract ical experience.

2017 Landings Association Accomplishments

Governance and Decision Making

 Incorporation S

tudy Committees Completed Work

 5 Town Hall Meetings  To be approved by S

tate Legislature

Completed Step

January 2018: Worked with

S tate Representative Jesse Petrea and S tate S enator Ben Watson to finalize Draft City Charter

Next Steps

January-April 2018: Receive

approval from S tate Legislature and Governor allowing vote

Next Steps

Kathy Siler will remain as Chair of Skidaway Island

Incorporation Committee

Committee will consist of representatives from

Modena, South Harbor, Green Island Road, The Landings Club, and The Landings Association

Primary committee responsibilities: Review any open items and new topics that arise

prior to November vote

Develop communications plan for community

leading up to vote

Committee members to communicate with their

respective Boards and constituencies during the process

Develop next steps if community approves

incorporation

Next Steps

November 6, 2018: S

kidaway Island vote (registered S kidaway Island voters only)

Next Steps – If Vote Passes

March 19, 2019: Elect first

Mayor and City Council (nonpartisan)

July 2019 – July 2021: City

services phase in over up to two- year period

Moe Informat ion

Incorporation Information

Landings.org/ Incorporation S kidawayCityS tudy.org Executive S ummary Detailed Task Force Committee Reports Andrew Y

• ung Financial

Feasibility S tudy

Governance and Decision Making

• Represented TLA on S

uch Issues as:

• Indigo Hall Assisted Living Facility
• Meeting March 14 @

4 p.m. at Methodist Church

• County Collection of Y

ard Debris – Hurricane Irma

• Lobbied for repair/ resurfacing of

McWhorter Drive

• Lobbied for installation of rumble

strips along 204

TLA Operations

Shari Haldeman –

General Manager/ COO

Storm Cleanup & Restoration

Two separate phases: 2017 - Cleanup of Common Property

• Debris Removal
• Dangerous/ Hazardous Tree Removal
• Cleanup of downed trees
• S

tump Grinding 2018 - Restoration of Common Property

• Grading
• S

eeding and Ground Cover

• Replanting

Cleanup & Restoration

Restoration Process

Before After

Hurricane Matthew Impact

Landings Practice Field (next to the Dog Park) Before Storm Debris Removal After Storm Debris Removal

Landings Harbor

Delegal Marina

Delegal Floating Docks Rebuild

Delegal Creek Marina New Docks Delegal Office & Store

Restoration Process

2018 S chedule:

 Tree and stump removal is

continuous (as needed)

 Delineate beds and turfed areas and

reestablish and strengthen turf (April-August)

 Replant shrubbery and trees

• November 2017 - February 2018
• November 2018 - January 2019

Housing/Development

 Reorganized and consolidated all private

property services and functions into one team

Weekly inspection cycles of the

community for PPMS compliance

8/ 1/ 17 - 2/ 2/ 18:

• 12,083 inspections performed
• 153 total violations
• 43 resolved through courtesy call
• 10 resolved through letter
• 32 plans of corrective action received

Housing/Development

Separately, four properties in TLA

foreclosure process:

 7 Howley Lane  3 Captain Kirk Lane  21 Monastery Road  27 Hemingway Circle Fines increased up to $250/ day for

repeat short-term rental violation

Technology

 geothinQ GIS

Mapping Layers

Technology

 Marina Live Webcams

Technology

Security Held More Than 40 RFID Events Resident Volunteers Helped To Make These Events Successful.

Technology

LiDAR units for traffic safety and body cams added

Amenities, Activities, Programs

 S

easonal Waterfront Cookouts

 Caretta Turtle Presentation  S

unset S ips Environmental Education series

 Marsh Walk with John Crawford  Orienteering – natural & historic areas  S

tar Party featuring Mars, S aturn & Jupiter

 S

• lar Eclipse Party at Landings Harbor

 S

unset Cruises from Landings Harbor

 Fishing/ Crabbing tournament

Amenities, Activities, Programs

Girls on the Run Despite the cloudy weather, the 2017 Eclipse Viewing Party was well-attended Sunset Sips

Environmental Sustainability/ Stewardship

Sunset Park Enhancements Thanks to Landlovers Green Thumb Garden Club!

Environmental Sustainability/ Stewardship

Recycling Center Improvements Before After

Environmental Sustainability/ Stewardship

 Completed logging to eliminate substantial

ponding water and drainage issues in the S

• uth S

prayfield (next to McWhorter Drive) and increase efficiency of the Utilities Inc effluent disposal operations.

Environmental Sustainability/ Stewardship

 Partnered with S

ustainable S kidaway Committee, who received Audubon International S ustainable Planning Award after completion of a Long Term S ustainability Plan

Continued certification work for

designation as a S ustainable Community

Financial Report Joyce Marble 2017 Treasurer

Hermine, Matthew, & Irma “The Numbers” as of 12/31/2017

Spent through Dec. 31, 2017:

• Delegal Creek Marina:

$ 1,795,634

• Common Property:

$ 624,235

• Landings Harbor Marina:

$ 75,000 Total: $ 2,494,869 Funds Used:

• Special Assessment Funds:

$ 1,113,840

• Insurance Reimbursement:

$ 866,937

• Budgeted Contingency

& Reserve Funds:

$ 403,592

• Reallocation from Reserves:

$ 110,500 Total: $ 2,494,869

2017 Budget and Assessment Allocation

Asse ssme nt Alloc a tion

Ope rations Capital Re se rve s T

• tal

2017 Budge t

$1,510 $280 $1,790

2017 Ye ar E nd Ac tual

$1,535 $255 $1,790

Spe c ial Asse ssme nt r e c e ive d in 2017

$252 $252

Spe c ial Asse ssme nt Balanc e to be r e c e ive d in 2018

$148 $148

2018 Budge t

$1,545 $305 $1,850

Association Operating Funds

(in thousands) 2017 2016 % Change Revenues Assessment $6,782 $6,334 7.1% Vehicle Registration & Service Agreements 1,022 1,049

• 2.6%

Marina 1,419 1,434

• 1.0%

Other income 788 630 25.1% $10,011 $9,447 6.0% Expenses Operations 8,312 8,702

• 4.5%

Depreciation 671 624 7.5% Marina 1,354 1,088 24.4% Income taxes 3 3 0.0% 10,340 10,417

• 0.7%

Net gain/loss ($329) ($970) 66.1%

Association Reserve Funds

(in thousands)

2017 2016 % Change Expenditures Capital Repairs 1,051 $ 671 $ 56.6% (roads, community paths, lagoons, storm drains) All Other Capital Items 2,277 1,105 106.1% 3,328 $ 1,776 $ 87.4% Current Reserve Balance: 5,984 $ 5,854 $ 2.2%

The Landings Company

(in thousands)

2017 2016 % Change Total assets 1,534 $ 1,659 $

• 7.5%

Revenues Brokerage commissions 4,482 $ 4,673 $

• 4.1%

Other 1,857 1,864

• 0.4%

6,339 6,537

• 3.0%

Expenses Direct costs 4,461 4,590

• 2.8%

Marketing expense 1,264 1,101 14.8% General and administrative expense 828 744 11.3% Depreciation 38 38 0.0% Income tax benefit (72) 21

• 442.9%

6,519 6,494 0.4% Net gain/loss (180) $ 43 $

• 518.6%

Consolidating Statements of Revenues and Expenses

(in thousands)

2017 2016 % Change Revenues Association Operating 8,571 $ 8,000 $ 7.1% Association Reserves 3,779 1,324 185.4% Marinas 1,419 1,434

• 1.0%

Landings Company 6,339 6,537

• 3.0%

20,108 17,295 16.3% Expenses Association Operating 8,315 8,704

• 4.5%

Association Reserves 1,051 671 56.6% Marinas 1,353 1,088 24.4% Landings Company 6,459 6,444 0.2% Depreciation 710 662 7.3% 17,888 17,569 1.8% Net gain/loss 2,220 $ (274) $

• 910.2%

Consolidating Balance Sheets

December 31, 2017

(in thousands)

2017 2016 % Change Assets Cash & investments 9,318 $ 8,774 $ 6.2% Property, plant & equipment 8,944 7,341 21.8% Other assets 695 357 94.7% Total 18,957 $ 16,472 $ 15.1% Liabilities & Equity Other liabilities 1,023 $ 757 $ 35.1% Equity 17,934 15,715 14.1% Total 18,957 $ 16,472 $ 15.1%

2017 Annual Report

www.landings.org

The Landings Company

Annual Report 2017

The Landings Company Mission

• To support and enhance property values at The

Landings.

• To this end, the Company uses funds from its
• perations to conduct approximately $1m per

year in national, regional, and local marketing programs on behalf of the entire community

• Maintains a Welcome Center/Sales Office for

prospective purchasers.

2018 Board Members

Martin Walsh, Chairman Anne Schafer, Secretary Geof Silbert, Treasurer Jim Overton LeeAnn Williams Rex Templeton, Jr. Directors Nick Sorvillo, Ex Officio

We experienced…

They Imagine…

They Worry…

The Landings Company is Your Company

Our te a m o f 34 pro fe ssio na l re a l e sta te a g e nts a nd 10 e xc e ptio na l sta ff me mb e rs tha nk yo u fo r yo ur suppo rt!

• Ave r

age Age nt E xpe r ie nc e of ove r 15 ye ar s

• All Age nts ar

e L andings R e side nts

We ar e your home fie ld a dva nta g e !

TLCo Marketing Expenditures & Resulting Discovery Visits

$929 $468 $530 $651 $868 $1,009 $1,073 $1,210 $1,039 $1,280 $1,225 372 226 255 357 399 418 444 664 686 652 725 $0 $200 $400 $600 $800 $1,000 $1,200 $1,400 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 E st Ma r ke ting Spe nd Disc ove r y Visits

TLCo Home Sales Sides Closed 2006 – 2018 Budget

323 215 151 108 153 196 265 265 324 334 319 302 315 50 100 150 200 250 300 350 400 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Budget

Note: Data collected from Savannah Multilist Corporation through 12-31-2017

1 1 1 1 1 1 1 2 2 2 2 2 2 2 5 5 6 6 18 30 171

Exclusive Georgia Properties Whitley & Associates Ben Carter Enterprises Jayden Capital Savannah Realty Coastal Realty Executives Century 21 Miscellaneous Lufburrow Realty Libby Booker Realty The Savannah Group Seaport Real Estate Group ERA Southeast Coastal Seabolt Brokers Coldwell Banker ReMax Savannah R.E. Experts Celia Dunn Realty Keller Williams Berkshire Hathaway The Landings Company

We sell almost 6 times our nearest competitor

• r

More than 3 homes a week, 52 weeks a year

2017 Home Closings by Listing Real Estate Firm

262 Homes Closed at The Landings

2017 Home Closings of $500k & Up by Real Estate Firm

101 Homes Closed

Note: Data collected from Savannah Multilist Corporation through 12-31-17

1 1 1 1 1 1 1 2 2 3 3 7 11 66 We sell 6 times more $500k+ homes than our nearest competitor

What’s happening with values?

All Landings Homes Sold

2017 2016

Average Price $485k $470k ( +3.2%) Median Price $445k $403k (+10.4%)

Increase Number of Buyers from Outside Savannah

National Buyers (those from outside Savannah)

2014 2015 2016 2017

90 93 65 75

National Buyers: Where are they coming from?

(those from outside Savannah)

The Top 12 States FL – 20 buyers PA – 8 NJ – 8 IL – 7 MA, VA, NC – 6 ea. CA, NY – 5 ea. MD – 4 ea. MI, CT – 4 ea.

Looking Forward

2018 Objectives

• Further enhance Website, Media Presence and

Targeting

• Increase our National Buyers
• More High Value Home Buyers
• Encourage Renovation & finding ways to work

toward Improving our Inventory

• Continue to support Club Joins from new Buyers
• Meet or exceed an Aggressive Budget

2018 Early Indicators & Results

• Incoming inquiries were up 39% in January
• Ideal Living (formally LiveSouth) real estate show inquires

were up 77% in the first 4 shows of the year

• Discovery Visits are quickly building back after the Fall’s

interruption by Irma

• YTD January sales sides (buyer, seller or both represented

by TLCo) goal was 31, we sold 33

• 14 Homes were sold in January, we listed 12 of those sold
• 5 of those homes were $500k or more, we listed all 5 sold
• 69% of our buyers were “national” those from outside the

Savannah MSA, last year ended at 50% for the year

What can we do?

• Approve the care of and upgrades to TLA amenities
• Champion the upgrades underway to Club amenities
• Encourage and support the renovation of our current

housing

• Promote the Company with your referrals of friends &

family and by choosing us to list your home with us – all of which creates marketing dollars

Our momentum is strong… Help yourself, our community and our Club by choosing… The Landings Company, YOUR company Thank you for your continued support

2018 Landings Association President

Rick Cunningham

2018 Board of Directors

• Rick Cunningham- President
• Hank Policinski - Vice President
• Joyce Marble - Treasurer
• LeeAnn Williams– Secretary
• Blake Caldwell
• Sam Hatcher
• T

.J. Hollis

• Diane Thompson
• Jim Van Epps
• Jim Rich - Ex-Officio

2018 Priorities

Incorporation Follow

Through

Water Conservation Housing – Renovation and

Renewal

2018 Priorities (cont.)

 Think “ homeowners” dues  Covers it ems like S

ecurit y, Public Works, Roads and Pat hs, Lagoons, et c.

 S

t aff and Finance Commit t ee meet t o proj ect revenues and expenses for t he next six years, t hen recommend a t hree- year Assessment plan

 Review wit h Board and revise if necessary  Town Hall Meet ing(s) t o Resident s  Vot e t his fall (every 3 years)  Two-t hirds of all vot ing must approve

Triennial Assessment Vote

2018 Priorities (cont.)

 Build and implement partnerships and

leadership strategies with major stakeholders that will ensure the future success of The Landings

 Goal: Develop a policy agenda for key issues that

impact Skidaway Island and pursue a strategy to work with policy makers to achieve our goals

 Goal: Build organizational relationships with TLC

and TLCo that significantly strengthen leadership, management, and service delivery at The Landings

Strategic Plan Objective 5

Governance & Decision-Making

TLA/TLC/TLCo Leadership Coordination and Planning

 Explore opport unit ies for shared leadership

planning and communicat ion …

 Develop and implement a Landings St rat egy

wit h TLA/ TLC/ TLCo and ot her st akeholders t o achieve alignment bet ween st rat egic plans

 Explore, develop and implement j oint

• pport unit ies t o deliver goods and services

t hrough improved economies of scale

2017 Community Survey

 Prior Surveys 2015, 2013  2,353 property owners completed

survey, 344 secondary email

 59%

response rate

 10,000+ written comments

Dem em ographic P Profile

Gender

Male Female 48.3 51.7

Age

21.3 12.5 30.3 29.5 6.5

81 or older 71 – 80 61 – 70 50 – 60 < 50

Dem em ographic P Profile e ( Con

• nt ’d)

Employment

20.7 8 66.8 4.5

Education

4.1 11.7 37.8 44.2 2.3

Employed – Full-time Employed – Part-time Retired Seeking Employment - Other High School Some College College Graduate Post Graduate Other

Club Membership

Club Member Non Club Member 76.3 23.7

Boat Ownership

Own Boat Non Boat Owner 17.2 82.8

Dem em ographic P Profile e ( Con

• nt ’d)

Community Survey Results



Overall satisfaction with The Landings as a place to live and the services provided by the Association continues to be very high.



Overall, nine in 10 property owners are satisfied with the activities and amenities

• ffered by the Association.



Demographic profile of respondents is younger than in previous surveys.



94 percent of respondents would recommend The Landings as a place to live.

Improvements Since 2015 Survey

Difference in Favorable Rating

Satisfaction with Rhodes 19 Sailing program + 7 Satisfaction with Marina Cookouts + 6 Satisfaction with Dog Park + 6 Satisfaction with North Soccer Fields + 5 Satisfaction with appearance of private property + 4

Declines Since 2015 Survey

Difference in Favorable Rating

Familiarity with State water restrictions

• 11

The he Land nding ngs Ove verall

Overall satisfaction with living at the Landings (Q. 1) The services provided by The Landings Association are a good value for the assessment I pay (Q. 4)

97 90 94 10 60 Favorable

Diff from: 2015

• 1

NA I would recommend The Landings to friends and family (Q. 2)

The e Landings s Ser ervices es

97 96 93 90 93 96 97 96 96 97 96 99 10 60 Very sat isfied/ Sat isfied

Overall safety and security operations (Q. 5) Overall appearance of TLA common property (Q. 6) Overall appearance of private property (Q. 7) Rules and regulations at The Landings (Q. 8) TLA’s overall business management (Q. 9) TLA’s overall customer service (Q. 10) TLA’s communications (Q. 11) Delegal Creek Marina (Q. 12) Landings Harbor Marina (Q. 13) Landings Harbor Marine Service Center (Q. 14) Security Access control (Q. 15) Security Emergency response (Q. 16)

Diff from: 2015

+ 2 + 4 + 1

• 1

+ 1 + 1 + 2

Act ivit ies / Am enit ies

98 98 98 98 98 97 97 97 97 97 10 30 50 70 90 Very sat isfied/ Sat isfied

Delegal Marina Boardwalk (Q. 23c) Marshwood Observation Tower (Q. 23k) Nature Trails (Q. 23l) TLA Special Events (Q. 23q) North Soccer Field (Q. 23m) TLA Ball Field (Q. 23o) Delegal Sunset Pavilion (Q. 23d) Fishing in Lagoons (Q. 23f) Kayaking (Q. 23g) Landings Harbor (Q. 23h)

Diff from: 2015

NA + 5 + 1 + 1 + 1 + 2 NA

Act ivit ies / Am enit ies

(Cont nt inue nued)

96 96 96 96 95 95 93 10 60 Very sat isfied/ Sat isfied

Community Paths (Q.23b) Boating (Q.23a) Marina Cookouts (Q. 23j) Rhodes 19 Sailing Program (Q. 23n) Landings Harbor Picnic Area (Q. 23i) TLA Playground (Q. 23p) Dog Park (Q. 23e)

Diff from: 2015

NA + 3 + 6 + 7 + 3

• 1

+ 6

The L Lan andi dings gs Associat at ion S St af aff

94 97 98 88 91 86 99 97 98 10 60 Very sat isfied/ Sat isfied

TLA Board of Directors (Q. 59a) TLA Management staff (Q. 59b) TLA Customer Service staff (Q. 59c) Architectural Review Committee (Q. 59d) Architectural Review staff (Q. 59e) Covenant Compliance staff (Q. 59f) Marina Staff (Q. 59g) Public Works staff (Q. 59h) Security staff (Q. 59i)

The he L Land nding ngs I nf nfrast ruc uct ur ure

95 97 91 98 93 87 88 95 89 88 96

Very sat isfied/ S at isfied

Common Area Mowing (Q.46) Mailboxes (Q.47) Medians / I slands (Q. 48) Pavement Conditions (Q. 49) Overall appearance of entrances (Q. 50) Overall appearance of lagoon banks (Q. 51) Overall appearance of lagoon waters (Q. 52) Pavement stripping / Markings (Q. 53) Street drainage (Q. 54) Street signs (Q. 55) Street sweeping (Q. 56)

99 97 98

Favorable

Safet et y / Sec ecurit y

How safe do you feel in your neighborhood at night (Q. 42) Satisfaction with the competency

• f Security Officers (Q. 43)

Satisfaction with Professionalism

• f Security Officers (Q. 44)

86 73 82 72

Agree

Agree

Archit ec ect ure e / Landscaping Guidel elines es

TLA does a good job of informing property

• wners about architectural guidelines (Q. 65)

TLA does a good job of informing property

• wners about landscaping guidelines (Q. 66)

TLA does a good job of promoting and ensuring compliance with architectural guidelines (Q. 67) TLA does a good job of promoting and ensuring compliance with landscaping guidelines (Q. 68)

Fut ure e Dev evel elopm en ent

10 19 40 31 Very Import ant Import ant Not Very Import ant Not Import ant at all

How I mportant is it for The Landings to create more building lots for residential development (Q. 21)

Fam iliarit y W it h W W at er R Rest rict ions

What Steps Has Your Household Taken to Conserve Water? (Q. 39) Percent of Respondents Reduced irrigation use 49 Conducted irrigation system audit 12 Installed appliances/fixtures with WaterSense label 16 Other 10 Conducted home water use audit 10 Installed shallow well 8 What is your water source for landscape irrigation? (Q. 34) Percent of Respondents Potable 49 Well 41 Unknown 4 Combo 5

60 40

Familiar Unfamiliar

Diff from: 2015

• 11

How familiar are you with the State’s water restrictions that affect Skidaway I sland? (Q. 33)

58 21

Frequent ly Occasionally Rarely Never

Recy cycl cling Ce Cent er

Current Utilization of the Landings Recycling Center (Q. 57)

10

59 23

Frequent ly Occasionally Rarely Never

Future Utilization of the Landings Recycling Center (Q. 58)

10 12 9 9

35 25 16 5 4 3 3 3 2 Like what we have Various Add'l Act ivit ies Dining Options (Marinas? ) Marina Amenit ies Communit y Pool No Community Pool Mt g. Rooms/ Comm. Center Beach or Beach Access Croquet

W hat act ivit ies and am enit ies w ould you like t o see see added ed at The e Landings? s? (w rit e-in) Com m e m m ent Sum m a m m ary – 51% resp esponse se

Act ivit ies & A Am enit ies

Results in percentages

What im provem ent s t o act ivit ies and am enit ies w ould you like t o see at The Landings?

• I mproved maintenance of pathway system,

Walk and Run only paths

• Need for greater adherence to covenants

within community

• Update / I mprove playground facilities

Amenity Improvements

Summary of Key Findings

 Overall satisfaction with the services, activities and amenities provided by The Landings Association remains very high.  Nearly all respondents are satisfied with the service provided by TLA staff and management.  Awareness of state-mandated water restrictions has declined since the 2015 survey.  About 1 in 4 residents would like to have better understanding and compliance with architectural and landscaping guidelines

Questions?