Willow Lane Townhomes

October 2003 Meeting Minutes

October 15, 2003

Call to Order

President Margaret Robinson called the meeting to order at 7:05 PM. Board members present were Kathy Beres, Fred Dittemore, Melinda Cowgill, Cindy Sandoval, Jeanette Fraser, and Bill Geneske. A Quorum was established.

Approval of Minutes

A motion was made to approve the minutes. The motion was seconded and carried unanimously.

Financials

A motion was made to accept the financial report. The motion was seconded and so carried.

Management Report

Mike reported to the board on the status of the covenant revision. Mike also reported to the board on the status of the collection of the past due assessments. Mike presented the board with the landscape bids. There was a motion to accept Grassroots bid if they will come down to $30,800.00. The motion was seconded and so carried.

Old Business

There was no old business.

New Business

Mike presented the Board with the 2004 budget. There was a motion to approve the budget with changes; the motion was seconded and so carried. Cindy was opposed to the new budget.

Committee Report

Kathy reported on the upcoming newsletter.

Adjournment

With no further business to discuss, Meeting adjourned at 9:30 PM.