BOARD MEETING

Call to Order:
Richard Stewart called the meeting to order at 6:00 p.m.

Establishment of Quorum:
Board members present were Richard Stewart-President, Gerald Britton-Vice President, Mike Sciaino -Secretary-Treasurer and Directors Don Drake, Al Ortiz and Jason Andersen. Kathy Watts represented Dragon Property Management.

Approval of Minutes from May 14, 2018 meetings:
Jerry Britton made a motion to approve the May 14, 2018 Board Meeting minutes. Don Drake seconded the motion and the motion passed by unanimous voice vote.

Financials Reports:
Financials: Reserves are being funded on schedule. We’re still collecting past due balances and a few have been sent to the attorney for liens and/or letters to rents to send the association their rent until the owner is current.

Old Business:
Railing update: The Board contracted from Lightholder for the railing replacement and the project is almost completed.

Association Document Revisions: Kathy explained that the Association Document revision has already been started. Even though the documents have been converted from pdf to word for the revision, the document was not clear and the “word” document had to have areas that were converted correctly adjusted. The Board members have received a copy for changes requested. It will then go to the attorney for review then mailed to owners. Richard Stewart made a motion to authorize Management to proceed with the revision. Jerry Britton seconded the motion and the motion passed by unanimous voice vote.

New Business:
Proposed budget for 2019: Richard Stewart made a motion to mail the 2019 Proposed Budget to the owners. Mike Sciaino seconded the motion and the motion passed by unanimous voice vote.

ACH Coupon from BB&T: Kathy explained that going through BB&T would enable owners to pay directly to the bank and also give them the option of paying by check, auto debit or even their credit card. Jerry Britton made a motion to authorize management to set up a meeting with a BB&T rep to go over the options and costs. Al Ortiz seconded the motion and the motion passed by unanimous voice vote.

Next Board Meeting:
The next scheduled Board meeting will be Monday, November 12, 2018 at 6:00 p.m. in the on-site office.

Adjournment:
With no further business to discuss, Richard Stewart made a motion to adjourn the meeting at 6:30p.m. Al Ortiz seconded the motion and it passed by unanimous voice vote.