BOARD OF DIRECTORS MEETING MINUTES
January 25, 2006

PRESENT:
Joseph Sikora					Richard Ericson
Joe Palladino					Charles Wimberley
Deborah Giampolo – Absent			Barry Towers – Absent

Representing Elite Management – Frank Goeckler

Call to Order – President Sikora called the meeting to order at 7:35 PM

Approval of the minutes:  The reading of the minutes was waived, a copy having been emailed to the members of the Board, corrected and re-emailed.  It was moved and seconded to approve the minutes, as they appeared in the email.

Financial Report
Treasurer Joe Palladino reported the year-end balance sheet.  There is net $151,000 in cash and reserves.  Receivables were nominal at $1,230 and consisted of past due common charges and late charges.  Liabilities were limited to $11,400 primarily consisting of accounts payable and pre-paid owner assessments.  Reserve total for the Conservancy is $79,000, the Village is $41,000, and the Ridge is $18,000.  The Conservancy income exceeded expenses by $8,000.  The only significant over budget expense items were legal fees due to resolved litigation.  Village expenses exceeded income by $22,000 primarily as a result of over budget contract expenses of $19,000 due to landscape improvements and snow removal.  Ridge expenses exceeded income by $3,000 primarily due to over budget expenses for snow removal.

COMMITTEE REPORTS

Standards Committee – Chairman Rick Ericson decided to not pursue the proposal for standardized house numbering.  It was agreed that the proposal for mandatory fine assessment for additional improvements not approved by the committee wait until the next full executive session.

Recreation Committee – Spokesman Joe Sikora spoke about the Kentucky Derby Party to be held at the meeting house.  A projection TV will be installed for this event only.  Details will follow.

Meeting House Committee – Spokesman Joe Sikora gave an explanation of the damage done to the front doors as a result of the recent wind storm.  A new door and frame assembly will be delivered and installed within the next three weeks.  Both French doors are also being evaluated due to rotting wood on the frames.  The process has also begun to fix the roof.  Frank Goeckler is working with the roofer for repairs and is getting quotes for painting.  There is also a function scheduled for the meeting house on March 18, 2006.  The door replacement should be completed by that time.

Communications Committee – Spokesman Joe Sikora noted that the newsletter is out.  It was also noted that the link on the website to the newsletter does not work.  Joe and Ruth Johnson will notify Bob Ellis.

Developer News – Warren Johnson has scheduled a meeting with the developer, Eli Pecthold, on February 1, 2006 to meet with the Board.  Eli has said that there are 10 units sold so far and that additional foundations have gone in.

Landscape Committee – Spokesman Joe Sikora noted that our management company will coordinate approved projects with the landscaper.  Concern was also brought up concerning slippery conditions on the handicap ramps after a recent snowfall.  It was determined that this is due to daily thaw and refreezing at night.

Environmental Committee – Warren Johnson noted that sediment in the north end of the lake has accumulated due to construction issues and has asked the developer, CWD, to remove it.  He also noted that there are intrusions from the east side as well.  CWD has acknowledged both of the intrusions.  There is also intrusion on the south end from the industrial area.  The industrial community has been slow to respond.  Warren has suggested getting Inland/Wetland committee and the DEP involved.

Welcome Committee – Ruth Johnson noted that there are two new members representing the Ridge.  They are Carrie Cardascia and Mette Holbrook.

Property Manager Report – Frank Goeckler noted that the street signs for the Knoll are in and was waiting for the snow to melt before placement.  He is also working on pricing for storm drain cleaning.  He was given websites for companies the Town of Windsor uses because they subcontract this work out.  These companies must be provided with maps of the drains to be cleaned and where they lead.  The Town has been asked for these maps but said that we must find them.  Warren Johnson said he will try to get them from Griffin/Culbro, or the developer.

Old Business
None

Home Owner Forum

Jennifer Deemer asked about the light staying on at the pool area during the winter.  Frank Goeckler said that it is being used as a deterrent and that a new system is being evaluated to incorporate motion sensors.

Carrie Cardascia asked whether the pool hours can be extended during the morning hours to accommodate swimmers wanting to get access by 6 AM.  It was determined to bring the issue before the Board.

Joe Palladino asked about articles of incorporation.  Frank Goeckler said that he has them and the issue is being handled by the management company.

Joe Palladino asked about the fence bordering Lochview is falling down and was interested in knowing who is responsible for it.  Frank Goeckler will look into it.

Frank Goeckler asked if the new bylaws are ready t be copied and incorporated into the resale packets given to prospective homeowners.  Warren Johnson said that they are ready for use.

Next Meeting
The next meeting for the Association will be held on February 22nd at 7:30 PM.

Adjournment
It was moved and seconded that the meeting be adjourned at 8:30 PM.

Respectfully submitted,

Charles Wimberley – Secretary
February 8, 2006

Approved:

Joe Sikora - President