Woodside Condominium 2011 Annual Meeting Minutes
Woodside Homeowner’s Association
Annual Meeting
January 27, 2011
The meeting was called to order at 6:05 pm at the Fairgrounds Extension Hall in - Pines Room
In attendance: Scott McCool (B2), Chuck Wanner(B3), Kandi Morrison (A3), Russ Monell (E3&E4), Bill Calvet (C3, C4, C5, C6), Kim Pappin (A4), David Pickren (B1) and Tammy Beaver from The Property Manager. By Proxy: Diane and Terry Sadler proxy to Russ Monell.
A quorum has been reached.
Reading and acceptance of 2010 Annual Meeting minutes: A motion was made to accept the minutes from the 2010 Annual Meeting. The motion was seconded and all were in favor.
Financials: Chuck presented the cash flow statement and went over the financials. Russ suggested that if there is a balance of $15,000 at the close of each month the overage should be paid to the bank toward the principle on the loan. The minimum check should not be less than $50 for this. The budget was presented and discussed. A motion was made to approve the 2011 budget, this was seconded. It was unanimously approved.
Exterior Remodel: There is some paint that is pealing on the divider walls and the trim work. It was decided that a walk through should take place to check on the situation. Tammy will meet with the board and do a walkthrough and check out the situation.
Snow Removal: There was discussion on the snow removal for the season. Durango Handyman is doing the snow removal this year. They are only to plow if there is 4 to 6 inches. There was some discussion on whether they should have plowed a couple of times when they did not think there was enough built up to warrant a plow. Tammy will talk with them.
New Business:
1.) Exterior Work: No owner is allowed to have work done to the common area with out full board approval. There should be no cost incurred by an owner to the common area without full approval also.
2.) Delinquent Dues: There was a discussion regarding the owners who are delinquent on their dues. It was decided that if there are owners that are not paying a letter or notice needs to be sent out. Tammy does stamp the statements with “Past Due” on the ones that are delinquent but she will also send out letters.
Officers:
The current officers are:
Chuck Wanner - President
Russ Monell - Vice President
Scott McCool - Treasurer
Bill Calvet - Secretary
New Officers:
Russ Monell President
Chuck Wanner Vice President
Scott McCool Treasurer
Bill Calvet Secretary
Management Contract:
Tammy presented that she would be continuing this next year at the same contract rate. There was a motion made to continue the contract with Tammy at The Property Manager for another year. This was seconded and all were in favor.
The meeting was adjourned at 7:50 pm.
Respectfully Submitted,
Tammy Beaver
The Property Manager