TEAL LAKE VILLAGE ASSOCIATION

Board of Directors Meeting

November 16, 2009 ---BAY CLUB---3 PM

 

As APPROVED at the March 15, 2010 Board of Director’s Meeting

 

Call to Order: The meeting was called to order at 3:00 p.m. by President, Mel Caskey

 

The following Board members were in attendance.  A quorum was determined.

 

Mel Caskey  – President

Dan Clinkenbeard  – Treasurer

Don Carlson  – Landscape

Simeon Baldwin  – ARC

Russ Michel  – Secretary

 

The following TLV residents were in attendance:  Karol Cushenbery, Fran Wickeham, and Janet Hanz.

 

Minutes - Russ Michel: TLV Annual Meeting from November 16, 2009 were presented. M/S/C to accept.

 

Treasurer's Report: Dan Clinkenbeard

 

1)      The Income Statement shows we are tracking to budget with normal variations.

2)      The October 31, 2009 Balance Sheet show Total Current Assets of $97,838.69 which is sufficient to fund the $400 dues credit per homeowner and maintain a three-month cash reserve.

3)      Per TruGreen accounting practice, monthly invoices are paid in advance.

4)      Have not yet received bill from BayView for our share of detention pond maintenance.

5)      One homeowner is 90-days past due.

6)      Dan submitted his resignation effective immediately.

7)      Will need new signature cards at American Marine Bank.

8)      Need a copy of the 2010 approved budget so can post to the web site.

 

Landscape Report – Don Carlson

 

1)      Landscaping is going well.  Mostly up-to-date on pruning requests.

2)      Fertilizer was applied as requested.

3)      Water bill this year was higher due to watering more than twice a week at the entrance.

4)      The rain gauge that controls sprinklers at the entrance needs to be checked and repaired if necessary.

5)      Process will be determined that will indicate what services each homeowner desires.  Starting with TruGreen services in January, will keep services at what homeowner has indicated in the past.

6)      Some shrubs may need to be replaced.  If TruGreen recommends service beyond the contract obligations, they should submit an estimate for Board approval.

7)      Noted that the flag is torn and should be replaced.

8)      Question from the floor – is blowing leaves away between houses a contracted item?

9)      The TruGreen signed contracted will be scanned into a PDF.

 

ARC Report - Simeon Baldwin

 

1)      No ongoing issues.

2)      No pending applications.

3)      Two ARC permit requests since last meeting.

 

Vice President’s Report  - None

 

President’s Report – Mel Caskey:  Proposed 2010 Board meeting schedule:  March, May, July, and Annual Meeting in September.  Noted that any special meetings can be called with 10-days notice to the homeowners per our Bylaws.  Proposed dates are:  March 15th, May 17th, July 19th, and Annual Meeting on Sept 20th.

 

Old Business:  

 

1)      The new entrance sign is being manufactured.  Noted that the sign needs to be periodically maintained.  Also noted that the sign surround should be painted this Spring.

2)      Detention Pond – question:  Does our liability insurance cover the pond?  Noted that BayView is responsible for monitoring pond levels during storm events per our governing documents.

3)      Retention of old minutes – additional space at Bay Club can be provided.

4)      Missing Fire Hydrant Markers – resolved?

 

New Business

 

1)      New Board officers starting January 1, 2010

a.       Sharon Zbotney – President

b.      Karol Cushenbery – Vice President

c.       Fran Wickeham – Treasurer

2)      Continuing Board Members:

a.       Don Carlson – Landscape

b.      Simeon Baldwin – Architectural

c.       Russ Michel - Secretary

3)      Motion – M/S That Fran Wickeham immediately assume the role of Teal Lake Village Treasurer. Discussion: Requested that Garth perform a review of the 2009 books.  Passed.

4)      The Board expressed a “Big Thank You” to Mel Caskey – President and Dan Clinkenbeard – Treasurer for serving on the Board.  Also a “Big Thank You” to Dick Allyn for his work in developing the new landscape contract.

 

Announcements:  Next Board Meeting on March 15, 2010

 

Adjournment: M/S/C to adjourn at 4:10 p.m.

 

 

Respectfully Submitted,

 

Russ Michel

Recording Secretary

 

 

 

 

 

 

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