BOARD MEETING

CALL TO ORDER: The meeting was called to order by Richard Stewart at 6:10pm.

VERIFY QUORUM: Board members present were Richard Stewart-President, Gerald Britton-Vice President, Mike Sciaino -Secretary-Treasurer and Directors Don Drake Jason Andersen was present via speaker phone. Al Ortiz was not able to attend. Kathy Watts represented Dragon Property Management.

APPROVAL OF MINUTES: Jerry Britton made a motion to accept the minutes from the October 8, 2018 Board Meeting as presented. Don Drake seconded the motion and it passed by unanimous voice vote.

UNFINISHED BUSINESS: Speed humps: Jerry Britton made a motion to contract with Coomer Concrete to install 14 speed HUMPS at a cost of $14,405.00 to be taken from Reserve -Deferred Maintenance. Don Drake seconded the motion and it passed by unanimous voice vote.

Association Document Revisions: Kathy stated that the Association Document revision should be out to the owners within the next week or so. A self-addressed envelope will be provided for the owner’s convenience.

ACH Coupon from BB&T Update: Kathy stated that the change to BB&T is progressing and hope to have the coupons out to owners in December. 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.

NEW BUSINESS: Board approval of 2019 Budget:
Jerry Britton made a motion to accept the 2019 Proposed Budget presented by Dragon Property Management with a fully funded Reserve for an assessment per month of $175 per unit per month. Mike Sciaino seconded the motion and it passed by unanimous voice vote.

ANNOUNCEMENTS:
The Annual Meeting is scheduled for February 11, 2019.

NEXT BOARD MEETING:
The next meeting is scheduled for Monday, December 10, 2018 at 6:00pm.

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