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CALL TO ORDER
The meeting was called to order by Katie O’Neill,
President at 6:03pm. Five (5) owners were in attendance.
ESTABLISHMENT OF A QUORUM
There is a quorum of four (5) Board members present.
ACTION ITEM #1: APPROVE MINUTES
Katie O’Neill made a motion to approve the minutes from the August
20th, 2019 Board of Directors Meeting as presented. This was seconded
by Daina Gjemre. The motion passed unanimously.
TREASURER'S REPORT
Lance Parker, Board Treasurer gave the Treasurer’s Report. As of May
31, 2017 the Association has $239,625.93 in its operating account and $
173,079.57 in its reserve account for a total of $412,705.50 for total
assets.
ACTION ITEM #2: APPROVE DRAFT AUDIT
Lance Parker made a motion to accept the draft audit of our 2018 fiscal
year provided by Picker and Associates. This was seconded by Andrew
Jatico. The motion passed unanimously.
ACTION ITEM #3: APPROVE DRAFT BUDGET FOR DISTRIBUTION TO
HOMEOWNERS.
Lance Parker made a motion to approve the budget to be mailed to owners
for 30-day review pending a revision to the draft. This was seconded by
Andrew Jatico. The motion passed unanimously.
ACTION ITEM #4: APPROVE NATURAL GAS CONTRACT
Katie O’Neill made a motion to approve the extension of our gas
contract with Constellation Energy. Our current contract expires on
October 31. 2019. This was seconded by Andrew Jatico. The motion passed
unanimously.
MEETING ADJOURNMENT
Katie O’Neill made a motion that the meeting be adjourned at 6:39pm.
This was seconded by Lance Parker. The motion was passed unanimously.
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