Taft Canyon Neighborhood

2007 ANNUAL MEETING MINUTES

Taft Canyon Homeowners Association

February 20, 2008

Call to Order
The meeting was called to order at 7:05 p.m.

Quorum
There was not a quorum present

Proof of notice
Mike Adams presented the proof of notice

Minutes
The minutes for the 2006 annual meeting could not be approved.

Presidents Report
Jim reported on the garage sale, picnic, neighborhood clean up and the drainage study for tracts D and H.

Budget
Mike Adams presented the 2008 budget. Mike answered questions from the floor. Mike asked for a motion to ratify the 2008 budget. There was a motion the motion was seconded and so carried.

Committee reports
Phyllis presented the social committee report.

Mark presented the landscape committee report. Mark outlined a couple of projects that the committee will be looking into in 2008. The largest would be the area at the entrance to Cathy Fromme prairie.

Jim presented the covenant enforcement committee report. Jim went over the top three repeat violations.

New Business
Jim presented the drainage report from Anderson Consulting. The report gave three areas that need to be corrected to correct the drainage in Taft Canyon. The total cost would be around $63,000.00. Jim answered questions from the floor.

Election of Officers
Jim Frucci was nominated to fill one of the two vacancies on the Board. The Board made a motion to have Jim serve a three-year term. The motion was seconded and so carried. They’re where no more nominations and the floor was closed.

Adjournment
The meeting adjourned at 8:15 PM.

Respectfully Submitted,


Mike Adams
Faith Property Management