MINUTES – MONTHLY BOARD OF DIRECTOR’S MEETING
SECTOR 2A AT SNOHOMISH CASCADE ASSOCIATION
7 PM DECEMBER 4, 2012
CALL TO ORDER / PRESENTATION OF MINUTES
NEW BUSINESS
SECTOR 2A AT SNOHOMISH CASCADE ASSOCIATION
7 PM DECEMBER 4, 2012
CALL TO ORDER / PRESENTATION OF MINUTES
- Suzan Miller called the meeting to order at 7:04pm. Present were Suzan Miller, Joyce Bowen, Steve Yandl, Jim Person, Nicole Klages, Tim Rizzo and Duane Oord.
- Steve Yandl presented the minutes of the November 2012 meeting and they were approved unanimously.
- New director, Jim Person, was introduced to directors who were not present at the November meeting where he was elected to fulfill the remainder of Don Jordan’s term.
- Steve Yandl reported on the 2013 budget approved at the November meeting for presentation to the membership for ratification. This budget is the basis for the 2013 annual assessment that will be $342 plus the special assessment of $38 to replenish reserves for a total annual assessment of $380.
- Our financial status is fine. We have $29,149 in operational funds, $4,748 in operational reserve and $44,969 in long term reserve. The small excess expected at the end of the year will be moved to the operational reserve. Bank policy prevents us from transferring the $6,668 into long term reserve until time for the CD to renew on Jan 16.
- Bank forms from Whidbey Island Bank required to set up our new signature card were distributed to Suzan Miller, Nicole Klages and Joyce Bowen. They agreed to complete and turn in to the bank within the week to get the new signature card completed.
- Invoices for 2013 dues will be mailed at the end of the year.
- No progress to report on completing repair of the boat toy steps or getting pricing on entrance signs for Sector 2A.
- There were fence sections that have deteriorated enough that they should be repaired this year but if they don’t come down with winter storms the repairs will be postponed until Spring.
- No issues to report on.
NEW BUSINESS
- Request for waiver of the rental restriction received from homeowner Huong Tran. The emailed request had been previously distributed to directors and officers. There was a discussion of the matter. The vote was unanimous to not grant the waiver.
- The first Tuesday of January 2013 falls on New Year’s Day. There was a discussion on how to deal with the monthly Board meeting. The vote was unanimous to cancel the January meeting and if some unforeseen issue requires rapid response, Suzan can convene a special meeting at a different time prior to the February meeting.
- Steve Yandl requested approval to rent storage space for HOA property storage, to include archived files, paint, award signs, and locking box components. There was unanimous consent to rent a small space, climate controlled if necessary. Joyce Bowen agreed to investigate pricing and availability for storage lockers in the area.