Arbor Pointe Condominium Association

March Lake Arbor Master Board Meeting Minutes

Meeting Minutes

LAKE ARBOR VILLAGE MASTER ASSOCIATION, INC.

BOARD OF DIRECTORS MEETING MINUTES

MARCH 13, 2002


CALL TO ORDER

The meeting was called to order at 6:05 p.m. In attendance for the Board of Directors were Dwight Nelson, Lisa Probasco, Fred Kerchner and Roger Sorenson. In attendance for Management Specialists, Inc. was Lisa Abbott.

OPEN FORUM

Two homeowners from the Arbor Pointe Association were present for Open Forum. These homeowners had numerous questions regarding the permanent closing of the sauna. The Board explained that they have closed the sauna for an undetermined amount of time because of the vandalism that had been occurring in the sauna and restroom areas when this facility was open. They also stated that the amount of vandalism had decreased significantly since the sauna has been closed. The homeowners had several ideas for security and monitoring in the sauna/restroom. One was to install a keypad and assign each homeowner a unique entry code number. The other idea was to install a security camera to monitor the people in the sauna. Dwight stated he will have Lisa place the suggestions on the agenda, and the Board will discuss this topic further at the next Board meeting.

APPROVAL OF PREVIOUS MINUTES

The minutes from the February meeting were approved as written.

MANAGER’S REPORT

Financials – Lisa presented the February 2002 financial statements to the Board. She noted that the Association’s beginning cash balance as of February 1, 2002, was $1,544.39. The Board collected $4,357.01 in assessments, which has included $1.01 in interest. The Association’s expenditures equaled $5,548.82. In the expense category under pool maintenance there was a double payment for Carousel Pools due to a lack of billing from Carousel from the previous month, which left the Association with ending cash balance of $352.58. There were no reserve expenditures for the month of February.

Grounds – Lisa informed the Board that Urban Farmer had begun turning on the sprinkler system and evaluating it for any problems that they may have when they turn it on fully in the spring.

OLD BUSINESS

Pool Furniture – After discussion the Board determined that they would order pool furniture from Marina Pool, Spa & Patio. They would like to order three 42” round tables, 12 chairs and 15 lounges. The Board requested that Lisa place this order in the next few days in order to insure delivery by the pool opening on May 18th.

Painting of the Pool Fence – At the previous meeting, it was determined that the Board would be painting the pool fence on a volunteer basis, which they should be completed in May.

Resurfacing of the Pool Area – The Board examined the concrete surrounding the pool and determined that they would like to have three (3) slabs of concrete replaced this year instead of doing a full resurface. They instructed Lisa to obtain bids for the costs of this. This needs to be done quickly in order to have the work done before the pool opening.

Landscape Improvements – This item has been tabled.

2002 Pool Bids – Lisa informed the Board that the Pool contractor they chose at the February meeting, Talkin Pool & Handyman, had called her to inform her that he would decline this contract this season. Lisa presented another bid that she had obtained from Pool Pros. The Board reviewed the bid from Pool Pros and Carousel Pool and, after discussion, they determined they would like to try Pool Pros for the 2002 Pool season. The Board also requested that Lisa invite the owner of Pool Pros to their April meeting.

Fiscal Year 2003 Budget – The Board would like additional time to review the budget and will have a final decision in their April meeting.

Window and Door Vandalism – Lisa informed the Board that all repairs had been completed, and that Lookout Renovation had completed them in a very timely and efficient manner. The siding was installed as well as the insulation.

NEW BUSINESS

There was no New Business to discuss.

APPROVAL OF INVOICES AND SIGNING OF CHECKS

All invoices were approved and checks were signed.

NEXT MEETING DATE

The next meeting will be held on April 10, 2002.

ADJOURNMENT

With no further business to discuss, the meeting was adjourned at 7:00 p.m.


/mg