Board of Directors Meeting Minutes
February 2, 2009

The following Directors were present:

Jewel Jones
Joy Kucinski
John Garing
George Dailey
Mike Smith
Randy Weddle
Sean Siegel
Mark Brys

Also present were LRSA Directors Russ Kucinski and Bill Rathke.

A quorum being present the meeting was called to order by the President, Jewel Jones, at the hour of 7:34 p.m.

The agenda was presented and reviewed. Randy Weddle mentioned an item for new business.

The minutes of the January 5th Board of Directors meeting were distributed and reviewed. George Dailey moved to approve the minutes as written. Mark Brys 2nd the motion. The motion was approved.

The current receivable report was distributed and reviewed.

The Treasurer's report was distributed and reviewed:

Total Income to Date: $ 35,104.63
Total Expenses to Date: $ 1,000.00
Total Assets: $ 339,072.50
Total Uncollected Dues: $ 73,540.53

Sean Siegel reported on conversations with Water Systems Services (WSS) regarding the refurbishment of the well house pad and the water storage tank. Bids should be available for the Board to review at the March meeting and Bill Kranick of WSS was asked to attend and answer questions regarding the proposals.

Correspondence for the Association was reviewed. A letter was received from WSS regarding a clarification and modification to their contract.

The Board reviewed the engagement letter from the CPA, Tom Black, for the annual audit and income tax return preparation. Mike Smith moved to accept the engagement letter. George Dailey 2nd the motion. The motion was approved.

The Board reviewed the paperwork prepared by the managing agent for the renewal of the Provisional Certification of the Valli Vue Water Utility.

Randy Weddle discussed the feasibility of creating an e-mail list of the homeowners for easier dissemination of information regarding the Valli Vue Homeowners Association. Also mentioned was establishing a homeowner directory.

The next meeting of the Board will be held on March 2nd at the hour of 7:30 p.m. at the O'Malley Elementary School library.

Being no further business to come before the Board at this time the meeting was adjourned at the hour of 8:07 p.m.

(Top)