MINUTES OF THE MONTHLY BOARD OF DIRECTORS MEETING

SECTOR 2A AT SNOHOMISH CASCADE ASSOCIATION

7:00 PM   TUESDAY    February  1, 2011

 

CALL TO ORDER / PRESENTATION

  1. Bill Steenis called the meeting to order at 7:05pm. Present were Bill Steenis, Steve Yandl, Cheryl Carlson, Duane Oord, Evan Adolf and Trina Coleman and Cheryl arrived a little late.
  2. Trina Coleman presented the Minutes from the January meeting.  It was moved and seconded to accept the minutes as read. Motion carried unanimously.
TREASURER’S REPORT

  1. In the operational reserve we have $24,021. In the long-term fund there is $76,442, we still need to move money over from the checking account for this year’s deposit. Right now the checking account is at $46,459.
    1. $10,500 was deposited into the account on January 31.
    2. Our expenses are in line, there have been no new legal expenses.
  2. Just under 60% have paid their HOA dues.
    1. One homeowner is on an installment plan.
    2. This is normal for this time of year.
MAINTENANCE ISSUES/COMMITTEE

  1. Brian asked if we were interested in having the play toys cleaned up. We will have him pressure wash them in March. We will remove a Maple tree that is causing some problems with the sprinkler system.
  2. Towne and Country is coming out to give an estimate on some fence repairs.
ARCHITECTURAL CONTROL COMMITTEE

  1. The tent is still up in the back of the home. The fines are up to $100 per day. The fines are roughly $10,000. Steve will write a letter if they do not pay their dues. A separate lien will be recorded if they do not pay their dues.
 

OLD BUSINESS

  1. Yard of Merit is scheduled to start in May. Bill is looking for someone else to take over the program.
  2. Rentals
    1. Sharma – The Sharma’s owe $81,700. Steve Sharma has made a verbal offer to settle for $30,000. We have few attorney’s fees over this matter. This is roughly 40% of the fines owed. It was moved and seconded to accept this offer, with the caveat that payment must be made by February 16th. This motion was passed 6-0.
    2. Guimont – Steve and Bill are going to be deposed by Aaron’s attorney. He has also asked for a non-jury trial.