HOA Minutes from October 20, 2015
Meeting called to Order 7:06PM
Present: Walt Shapley, Pres.; Ramon Rios, VP; Eileen Weber, Dir.; Hugh Reisdorph, Dir; Lee Reisdorph, Dir
Verification of Quorum – Yes
Minutes from the March 3, 2015 meeting were read and moved approved by Eileen, 2nd Ramon
Treasurers Report
FINANCIAL
– AR was $47,255
– cash on hand $82,225.
– Assets $129,481
-Net Income $38,850
-Reserve $11,000
-AR status, same # on payment plans
-Cesar-$1250 owed, ltr sent each month with no response, 10/16 ltr with intent to F/C, $150/mo or proceed with F/C, motion passed
-Rose, $250 atty fees still owed
Old business:
New Business
-Check for outdoor signs that seal water tight – Lee
-prepare a sign for annual meeting to be placed next month – MEETING 12/7 at 7PM
-Bids:
Gary – same as last year, motion to keep passed
-packet to be sent to home owners by 11/7
-Christmas decorating contest again this year, 1st $300, 2nd $200, 3rd $100
Adjourned 8pm
AGENDA for next meeting
- Call to Order
- Verification of Quorum
- Review and approval of previous minutes
- Purpose of Meeting
- Discussion and approval of budget
- Old Business
- Election of Board of Directors
- New Business
- Adjournment