Please note: These are not the official meeting minutes. The official minutes are recorded by the Property Manager, and are archived at the offices of Sentry Management.
BOARD ATTENDEES: Mike Sandstrum, Ray Dalto, Tyler Linkenhoker, Frank Maruca, George Sinclair
ABSENT: Mike Hogan, Brianna Harris
PROPERTY MANAGEMENT: Sentry
A quorum of the membership was two short of the 47 needed. Phone calls were made and a quorum was achieved.
Mike Sandstrum presided.
Frank Maruca reported $949.49 balance in the Activities Fund.
Len Lesjak explained the situation with the mailbox posts. There are currently none on hand, and the price of new ones has gone up to $225 each. Len recommends that people use hose clamps to hold cracked posts together.
Mike reviewed the cable TV bulk contract. Verizon and Brighthouse competed. Brighthouse was selected because they would agree to a shorter contract term (2-years) versus Verizon (5-years). However Brighthouse with the shorter term Brighthouse would not sweeten the deal. Under the new bulk contract we will have exactly the same service from Brighthouse that we have currently, and with a price increase. The contract also permits Brighthouse to raise their rate another 5-percent after the first year. With tax our bulk rate contract costs each lot owner $37.95 per month, tax included.
Members asked questions about the budget and it quickly became apparent that there are significant mistakes in the budget distributed for the Annual Meeting. The Board will be revising the budget.
Ray Flock was nominated for a seat on the Board of Directors. Consequently Frank Maruca bowed out of the election. With only four candidates for four seats, the elections were concluded without the need for voting.
At the conclusion of the meeting, the Board held an organizational meeting.