GLENN LAKES HOMEOWNERS ASSOCIATION, INC.

HARMONY MANAGEMENT

4400 El Conquistador Pkwy.

Bradenton, FL 34210

(941) 758-9624

 

BOARD OF DIRECTORS MEETING

March 8, 2006

MINUTES

 

The meeting was called to order by R. Suszek Vice President at 6:42 P.M.

 

IN ATTENDANCE: D. Bright, R. Suszek, V. Schneider and N. Perry.

 

UNIT OWNERS IN ATTENDANCE: 37

 

FOR PROPERTY MANAGEMENT: J. Hagerty

 

A Quorum was established.

 

PROOF OF NOTICE:

The meeting notice was mailed to all owners March 2, 2006.

 

MINUTES:

The Board reviewed the minutes of the December 13, 2005 meeting.  It was noted the following items need to be added to the minutes:

A.         The Board voted to have an audit conducted.

B.         The Board unanimously agreed they will approve all contracts.

C.         The Board unanimously agreed not to have a Board member to serve on the Architecture Review Committee.

D.         Association funds should be invested in Certificate of Deposits to increase interest earned.

The minutes as amended were unanimously approved via a motion by D. Bright that was seconded by V. Schneider.

 

FINANCIAL REPORT:

J. Hagerty presented the February 28, 2006 financial statement.  The asset balances as of that date were:

Operating:          $115,681.31

Reserves:           $ 78,976.08

Other:               $   2,003.87

Total:                $196,661.26

The report was unanimously accepted as presented.

 

GENERAL ITEMS:

A.         Alex Angeli association President resigned creating an opening on the Board.  Owner Irene Lerner was unanimously elected to fill the vacancy.

 

B.         Irrigation Maintenance:

The Board unanimously agreed to accept the irrigation proposal from the existing contractor until the end of the term of this contract.  This was accomplished via a motion by D. Bright that was seconded by N. Perry.

 

PARK BENCHES:

The Board held a general discussion regarding the need to replace the existing benches at the park.  Cost of a 48" L x 32"H Power Coated Steel Strap Bench is $771.00.  The Board unanimously agreed to purchase four (4) benches via a motion by D. Bright that was seconded by I. Lerner.

 

PAINT OF 53RD AVENUE WALL:

Management was requested to obtain proposals to replace and paint the fence.

 

MANAGEMENT CONTRACT:

The Board held a general discussion regarding the management contract.  It was decided to form a committee to make a recommendation to the Board as to future management contracts.

 

SIGNS:

Management was requested to have speed limit signs erected to limit speed as one turns off 43rd Avenue as the street in that area has turned into a speeding zone.

 

MEETINGS:

The Board decided to schedule a Board meeting for 6:30 P.M. the third Wednesday of each month.

 

No further business came before the Board and the meeting was adjourned via a motion by R. Suszek at 9:43 P.M.

 

 

Respectfully submitted,

 

 

 

 

John A. Hagerty

Community Association Manager

 

JAH/kp