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Finance, trails updates and COO highlights at Lake Ridge board meeting
Summary
Treasurer Aron Sanchez reviewed Morgan Stanley earnings and the board adopted an Investment Policy; Trails Committee reported a Segment 2 trail bridge built in April is expected to open later this month, and COO/GM Nick Elgas recognized staff and announced extended pool weekends and a social safety campaign.
At the July 8 meeting Treasurer Aron Sanchez spoke to the board about the earnings report from Morgan Stanley and commended their handling of the association’s finances. The board subsequently adopted an Investment Policy (Resolution 2025/7-8) to formalize investment approach.
Trails Committee member Neil Nelson reported that the Segment 2 trail bridge constructed in April is expected to officially open later this month, while work on the Segment 6 bridge crossing Hooes Run continues. COO/GM Nick Elgas recognized Assistant Maintenance Director Ramona Ciorcila for acceptance into the Master Gardeners Club, announced a new social media safety campaign featuring “Lake Ridge Larry,” and said Ridgewood and Tall Oaks pools will remain open for extended weekends September 5–7 and September 12–14.
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