TEAL LAKE VILLAGE

BOARD OF DIRECTORS MEETING

NOVEMBER 14, 2005

FOLLOWING ANNUAL MEETING

4:45 P.M.

BOARD MEMBERS PRESENT:  Dick Rudy, Dave Wheeler, Tom Kingston, Carol Katuzny, Dave Bobanick, Doug Schiebel, Bill Browne, Gary Moore, Marge Haverstick, and Luanna Cooke.

The meeting was called to order by President Dick Rudy.

All Board Members were present.

President Dick Rudy asked for election of officers for the 2006 Board of Directors.  The following officers were unanimously elected:

          President               -        Carol Katuzny

          Vice President       -        Dave Wheeler

          Treasurer               -        Gary Moore

          Secretary               -        Luanna Cooke

President-elect, Carol Katuzny appointed the following committee chairs:

          Landscape             -        Dave Bobanick

          ARC                     -        Tom Kingston and Marge Havestick

          SBCA AND PLVA         To be determined at the January meeting.

          Social                    -        Jim Richards will be asked to serve.

Financial Report:  Tom Kingston reported the delinquent homeowner at 122 Crestview Drive is now four quarters in arrears.  As agreed upon in our last Board meeting, it is now necessary to proceed with placing a lien on the property.  Linda Cooke, our accountant, sent a registered letter to him and Gary Moore has left messages for him, but at this time, the homeowner has not responded to either.  Linda will prepare paperwork for us to file the lien.  It was moved, seconded and unanimously approved to file the lien as soon as possible.

Dave Bobanick reported our website needs to be fixed.  Dave will meet with Jack McKay for our website to be included in the South Bay website.  We have $180. allotted for the website fees, which should be sufficient.

ARC Report:  Doug Schiebel reported the property at 97 Outlook Lane was approved for re-landscaping.  As outgoing chair of ARC, Doug will meet with Tom Kingston and Marge Havestick for an orientation on ARC.

SBCA Report:  Bill Browne reported he has sent an e-mail to us explaining the problems with PLA's development at Port Ludlow. Two Port Ludlow residents have filed a lawsuit against PLA to block further construction.  This will effect our property values, the income of local workers and the local economy, as well as the Fire District.  A discussion of why these individuals are taking this action ensued.  We should let our voices be heard and our opinions known to PLA and SBCA.

Tom Kingston reminded us that we will need new signature cards for the bank, to be signed in January.  He questioned why we need two signatures on TLV checks, and feels it is cumbersome and not necessary.  We agreed to table the discussion for the new Board at the January meeting.

Dick informed us there is still no updated information on lot 74.

The December meeting is canceled, and our next Board meeting will be January 23, 2006.

Dick thanked the Board members for their service and passed the gavel to President-elect, Carol Katuzny. The gavel was purchased, engraved, and donated to TLV by Dick. We thank him for his thoughtfulness.

It was moved, seconded, and approved the meeting be adjourned.

Respectfully submitted,

Carol Katuzny, Secretary