Board Meeting Minutes - December 3, 2007

Board Meeting Minutes - December 3, 2007

Meeting Location:

Russ Miller #19

Meeting Date:

12.3.07 at 5:00 PM

Board Members Present:

  • Dave Jones (#10) – President
  • Arianne Miller (#19) - Treasurer
  • Russ Miller (#19) - Secretary

Board Members Absent:

  • Frank Marek (#1) – Vice President
  • Ricky Jones (#24)

Financial Statements:

  • The April - November financial statement was reviewed and approved.

New Business (HOA Budget Review):

  • 5:00 - HOA insurance increased between September & October. The association plans on contacting the insurance company about the rate increase.
  • 5:05 - Sewer repair budget will be increased to $1,000 per year (increase of $250) due to recent sewer issues.
    • The HOA will plan on having the sewer pipes jetted once every 2 years. The next schedule jetting will occur on June '08.
  • 5:15 - Garbage & Recycling will be increased to $13,200.per year (increase of $250)
  • 5:20 - State Tax will be increased to $125 (increase of $25)
  • 5:25 - Gas & Electric will be decreased to $2,300 (decrease of $300)
  • 5:30 - Insurance will be reduced to $18,000 (decrease of $2,000)
  • 5:35 – Meeting adjourned

Next Scheduled Meeting:

  • 2.18.08 at 5:00 PM in unit #19 (Russ Miller)

Russ Miller
Secretary


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