Board Meeting 08 2010

Minutes of the August 19, 2010 meeting:

Forrest Rode - President
Steve Wilson - Vice President
Joe Whiting - Member at Large
Matt Ayer - Secretary
Michael Park - Treasurer
Suzanne Heidema - Property Manager
David Swanson - Resident Manager
Ellen Swanson -Resident Manager

Suzanne Heidema reviewed the finances of the association for the Board. She noted that on the accounts receivable, a significant portion of the delinquent dues for unit N-101 were collected from Bank of America after foreclosure on the unit. However, the former owner still owes a significant sum. There was a unanimous vote to consult an attorney and pursue a Judgment and Collection. Steve Wilson will follow up with an attorney.

The Board elected officers for the 2010 - 2011 term, results noted above.

David Swanson presented a bid from Budget Key to improve security on the north entry door on the north building. It was moved, seconded, and approved to accept the bid.

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