LAKE EDGEWOOD CONSERVANCY DISTRICT BOARD OF DIRECTORS MEETING
JULY 8TH 2025, 7:00 PM
LAKE EDGEWOOD COMMUNITY CENTER
1715 W. SHORE DR., MARTINSVILLE, IN 46151
The meeting was called to order at 7:03 PM and began with the Pledge of Allegiance by Director Anderson. In attendance were Director Anderson, Director Stege, Director Stallsworth, Director Brown, Financial Clerk Kali Kent, and Secretary Mady Miller. There were 6 Freeholders in attendance.
Secretary Mady Miller read the meeting minutes for June. Director Brown motioned to approve the minutes upon changes. Director Stege seconded, all were in favor.
Financial Clerk Kali Kent read the report from June. Expenses were as expected leaving our Home Bank balance at $200,909.28. Director Stallsworth motioned to approve. Director Stege seconded, all were in favor.
LAKE USAGE OF PERSONAL WATERCRAFT – EFOIL BOARDS
It was brought to Director Nealy’s attention that some freeholders would like the board to reevaluate the E-Foil Boards, due to safety concerns. The board discussed that new toys are inevitably going to be coming to the lake. The owners of the E-Foil boards have talked to their insurance company and added more coverage to their liability policy. They use caution, wear bright orange jackets, and do not use them if the lake is busy. The board decided that they will continue to allow them. If there is reason to reevaluate in the future, we can. If you have any concerns, please attend the board meeting.
WEBSITE UPGRADE
The board approved to have the website upgraded at the last meeting. Director Nealy will get in contact with the company doing the updates to see if we can get it done sooner rather than later.
BUDGET DISCUSSION
Director Stege brough to the attention of the board that we currently owe $50,000 to Home Bank for our loan. Director Stege made a motion to pay the balance off now so that we have the remaining of 2025 to see where we will have extra funds to pay the remaining balance of $6000.00 and so interest doesn’t accrue. Director Brown seconded the motion; all were in favor. Discussion for 2026’s budget included keeping much of the line items the same, keeping the $50,000 that goes to paying off the loan, in the budget and moving it to a different category. That money would go to things such as dredging, siltation, weir maintenance, and so on. Other projects around the community also need some attention before submitting the final budget. Those projects include: the rental docks needing new floor joists, drainage issues at the beach, and weir maintenance. The board will work on getting estimates before the next meeting. Our budget must be locked in by October.
COMMITTEES
Social Committee: Mike Reel stated that since we now need a Clubhouse Committee and a Beach Committee and that he would be happy to absorb them into the Social Committee. He would take on the task of looking at the beach wall, dumping the sand, and properly maintaining the clubhouse and garage.
Dredging Committee: Tonya Mercer asked the board to consider keeping the $50,000 in the budget so that we can begin the task of dredging. She states the upkeep needs to happen and she is still looking for a contractor that will take on the project. The contractors that she has been in contact with want a permanent location at the lake to park their equipment and to do a maintenance program. Director Anderson and Director Brown are going to also contact alternative contractors.
PUBLIC COMMENT
There will be 50 copies of the Rules and Regulations available to the public and 10 copies of the Directory once it is finalized. Financial Clerk Kali Kent will order the water testing kits so we can continue to monitor the health of the lake. There is suspicion that a septic system could be flowing into the drainage and spillways leading into the lake. The board cannot enforce anything on land but if it is affecting the lake, we can act. This will be investigated further and brought up at the next meeting.
ADJOURNMENT
Director Stege motioned to adjourn at 8:17 PM. Director Brown seconded, all were in favor. The next meeting will be held Tuesday, August 12th at 7:00 PM
Submitted by,
Mady Miller
LECD Secretary