Board of Directors Minutes
February 3, 2005
1. The meeting was called to order at 7:05 PM.
2. All directors except Linn Torres were present. Linn Torres joined the meeting later.
3. Notice of the meeting was posted 48 hours prior to the time of meeting.
4. The board members previously received minutes of the prior meeting. Motion by Rita Bell and second by Robert Sumbury to approve the minutes without reading. Motion passed 4-0.
5. President's report: Welcoming remarks. John Copeland has resigned as Chairman of the Building Committee. A replacement is needed.
6. Treasurer's report: Motion made by Dave Taylor, second by Steve Schwartz, to move $26,000 of excess operating funds into a CD earning 3.4%. Motion passed 4-0.
7. Committee Reports:
Finance –
Don Robertson is the new chairman. Renee Warner will continue to serve on
the committee. Committee recommended a distribution of Retained Revenue
into specific reserve accounts. Distribution report on file. Motion
passed 4-0.
Grounds -
Report on file.
Architectural
Control Committee – Bill Campbell is now the committee chairman.
No report made.
Building
– Report on file. Motion to spend up to $1,250 on a new planting area on
Lake Heron Dr. Motion passed 4-0.
Clubhouse
– No report made.
RV Park
- Max Saus is the new chairman. Reported that fees are up to date.
The entrance gate may need repairs soon. Repairs are planned on the fence
surrounding the park.
Park – Report on file.
Motion to spend $650 for a brick paver walkway from the shell path to the dock.
Passed 5-0.
8. Manager's Report: Report on file.
9. Unfinished Business: The committee soliciting proxies on the amendment to limit future rentals reports 30 additional yes votes. UPI will audit the proxies and report if the amendment has passed.
10. New Business: None offered. Meeting was adjourned 8:00 PM.