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GLENN LAKES HOMEOWNERS ASSOCIATION, INC. HARMONY MANAGEMENT 4400 El Conquistador Pkwy. Bradenton, FL 34210 (941) 758-9624
BOARD OF DIRECTORS MEETING May 3, 2006 MINUTES
The meeting was called to order by D. Bright at 6:30 P.M
IN ATTENDANCE: D. Bright, , V. Schneider, N. Perry and I. Lerner
UNIT OWNERS IN ATTENDANCE: 25
FOR PROPERTY MANAGEMENT: D. Parsons
A Quorum was established.
PROOF OF NOTICE: The meeting notice was mailed to all owners April 26, 2006.
MINUTES: The Board reviewed the minutes of the March 8, 2006 meeting. It was noted the following amendment to the minutes. Under Minutes C: The word Board should be Architecture Review Committee. The minutes as amended were unanimously approved via a motion by D. Bright that was seconded by B. Pitt.
FINANCIAL REPORT: N. Perry presented the March 31, 2006 financial statement. The asset balances as of that date were: Operating: $129,194.67 Reserves: $ 79,103.29 Other: $ 1,220.07 Total: $209,518.03 N. Perry stated that two (2) new Certificate of Deposit’s have recently been opened. She also stated that the money now in the Lake Reserves will be need for lake renovations. She also suggested that the $35,558.70 that is currently in the Contingency Reserves be transferred to the Lake Reserves as more money will be needed for the lake projects. The transfer of the Contingency Reserves to the Lake reserves was unanimously approved via a motion by N. Perry and seconded by D. Bright. N. Perry suggested that the Board conduct a review of the books instead of an audit this year, and possibly an audit next year. A motion was made by B. Pitt and seconded by D. Bright to only conduct a review of the financials this year. The motion passed with a unanimous vote. The report was unanimously accepted as presented.
MINUTES May 3, 2006 Page 2
GENERAL ITEMS: A. Richard Suszek association President resigned creating an opening on the Board. Owner Betty Pitt was unanimously elected to fill the vacancy. B. The Board Officers will be as follows: President: David Bright Vice President: Irene Lerner Secretary: Veronique Schneider Treasure: Nancy Perry Director: Betty Pitt C: Richard Suszek requested in writing if he was still permitted to purchase irrigation supplies and plants for the Association. A motion was made by N. Perry and seconded by B. Pitt to allow the use of an account at Ace Hardware with a credit limit of up to $500.00. All invoices must be turned into the Board with the address written on the receipt of where the work was done, with only certain people being allowed to sign on the account. The motion passed with a unanimous vote.
CHIANG FENCE: D. Bright stated that he felt the issue over the fence at the Chiang residence never should have gone to a attorney. He believes that the Association should not get involved in a dispute between neighbors. The Chiang fence was approved via a motion by B. Pitt and seconded by D. Bright. The motion passed with a 3-2 vote. Voting in favor of the motion were D. Bright, B. Pitt and N. Perry. Voting against the motion were V. Schneider and I. Lerner. No further legal action will be taken.
PAINT OF 53RD AVENUE WALL: One bid has been submitted and management is waiting on a second bid.
LAKE ISSUES: D. Bright stated that Biological Research is submitting a proposal to bring the lakes back to the proper condition, but the process is time consuming because permits are needed for the extensive work needed.
Architecture Review Committee: B. Pitt questioned if an Architecture Review Committee log is kept. D. Bright stated that he will provide one to management and records will be kept.
ACCESS: It was stated that the access on the cul-de-sac at 50th and 51st is too narrow. Management to find out what can be done.
MEETINGS: The Board decided to schedule a Board meeting for 7:00 P.M. the second Tuesday of each month.
No further business came before the Board and the meeting was adjourned via a motion by D. Bright at 8:00 P.M.
Respectfully submitted,
Dane A. Parsons Community Association Manager DAP
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