September 2009

Minutes of the Brookridge Board of Directors Meeting

September 18, 2009

Present: President Carole Levy; Carolyn Levy; Barbara Moran; Paul Spindel, also Linda Berger and Robert Abelson. Herb Meyers was absent.

The meeting was held at the home of Paul Spindel.

1. The President called the meeting to order at 7:30 PM

2. The Treasurer's report indicated that the HOA has as of September 1, 2009, $147,249.70 in the capital reserve account, and $20,000 in the operating account. The total of $147,249.70 represents the amount on hand. These amounts and the expense report show that the HOA is on budget for the 2009 year. The Board has been very conservative in spending this year and in its total projected 2009 budget.

3. The Board would like to express its appreciation to the Balik’s for a delightful community party held on September 5 at the pool.

4. Previous minutes for August have been approved and are on the website.

5. We would like to remind everyone of our new website at:

http://sites.google.com/site/brookridgehoa/Home

6. The Board is monitoring and aggressively pursuing collection of arrears of Homeowners, as per our usual diligence. Legal action has been taken where necessary.

7. Stillman Management is continuing to follow-up on Verizon’s installation of FIOS.

8. The Board is considering legal action against the new development next to us regarding water runoff.

9. The By-laws were amended to assess Homeowners a fee, as noted below, for non-payment of maintenance charges:

1st month - $25/month

2nd month - $50/month

3rd and following months - $100/month

10. The next meetings are scheduled for October 14 and November 17.

11. The meeting was adjourned at 8:30 PM

Respectfully Submitted,

Barbara Moran