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Minute

Windermere

Board of Directors Meeting

July21, 008



The meeting was called to order at 7:05 PM. Board members present were Jeri O’Neill,

Bob Trezise, Jay Holm and Jim Wells. Others present were Ginger Camp owner unit 20,

Sheryl Taylor, Title Consultant and Larry Smyth from Farrell Smyth Property

management.



Approval of Minutes – The minutes from the June 16, 2008 meeting were read and

approved.



Financial Report – The July 2008 financial report was reviewed and approved. The

balance in the operating account is $7,067.86 and the balance in the reserve account is

$69,002.30. All bills are paid and the finances are on track with the budget.



Landscaping Report – All is OK



Old Business –



Recreation Building – The Board approved the hire of Sheryl Taylor as the title

consultant to assist in the gathering of necessary signatures to complete the final

Tract Map. This will require cooperation of all owners to get he necessary lender

signatures. A final contract will be approved and signed by the Board.



Unit 47 Deck – The Board accepted the proposal from Deck Teck to complete the

repairs.



Storm Drain – The City is not sure who owns the storm drain. The Board will try

to get a meeting with the city staff for final clarification.



Fire Alarm System – The fire alarm system has bee repaired and is in full working

order. The Board approved a monitoring contract with Alpha Fire.



Brick Sidewalk Repair – Some repairs have been completed but the Board will

check with the landscaper for further repairs. This item was tabled until the next

meeting



Tree Trimming in the Creek – The City is working with Central Coast Tree

Service to work out a trimming schedule for the creek tree.

New Business –



Unit 6 Skylight – Waiting for a bid from Chet’s Skylights



Asphalt Maintenance – The Board accepted a bid from Toste Paving to slurry the

parking and drive areas. This will be including patching and re-striping of parking

spaces. All owners and tenants will be notified of the scheduling.



Unit 13 Stucco – This is actually a Bat issue. The Board will get bids for

corrective work.



Unit 11 Fence – The Board will contact the owner again regarding this issue.



Unit 26 Home Business – The Board will contact the owner and tenant regarding

this violation of the CC&R’s



Fencing Repairs – Unit 46 fence will be repaired in the next round of fence

repairs. – The fences at 24 46 and 47 will be painted to match the stucco.



Rules - A copy of the rules and a reminder that all occupants including tenants

must abide by the CC&R’s will be sent to all owners. If owners do not have a

copy of the CC&R’s, they may be requested from the management company

Farrell Smyth.



Executive Session – The meeting was adjourned at 9:10 PM, to executive session to

discuss delinquent accounts. The regular Board meeting was re-opened at 9:20 PM.



Adjournment – There being no further business, the meeting was adjourned at 9:25 PM.

The next regular meeting was scheduled for Monday, August 18, 2008 at7:00 PM.



Respectfully Submitted,



Larry Smyth



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