MINUTES

Reflections of Walnut Creek II Owners Association

Board of Directors Meeting

May 16, 2005

 

Attending

 

Richard Kropp                                   Carter Rowles

Marcus Rowe                                     Ed Dorotik

Rita Pierson                                      Stan Scheiber, Beck and Company

         

The meeting was called to order in the gazebo at 8:25 pm by Richard Kropp. 

 

Minutes from April 18 Meeting

 

Rita moved to approve the minutes as presented. Richard seconded. Minutes were adopted by unanimous vote. 

 

Appointment of Officers

 

All officers agreed to continue serving in their current positions. The positions are as follows:

Financial Report

 

Stan Scheiber presented the financial report. There were two delinquencies and the owners have been notified. We ended April $4,500 under budget in normal operating expenses.

 

The property sustained some minor damage from the hail storm in March. Three units had roof repairs. Stan will have more information after the insurance adjuster submits a report (due around June 1).

 

Other Items

 

Richard stated that it appears someone hit the kiosk. There is some damage to the structure. Stan said he would take a look at it.

 

Paint Project

 

          The Board discussed the recommendation of the Paint Committee to accept the proposal from Austin Reconditioning Services (John Yount) for exterior painting and siding repair. Carter motioned to approve the recommendation, Rita seconded and the Board approved unanimously.

 

We amount approved was for $90,790 for painting plus siding repair to be billed at materials plus $28.50 per worker hour. The project’s estimated start date is July 1 and estimated time to completion is approximately three months, not counting rain days or repaWW

 

The next meeting of the Paint Committee will be Monday June 6 at 6:00 p.m. in the gazebo.

 

 

Next Board Meeting

 

          The next meeting is scheduled for Monday, June 20, 2005 in the gazebo. It may be cancelled if there are not enough items for a complete agenda.

 

Carter motioned to adjourn the meeting and Marcus seconded. The meeting adjourned at 9:00 p.m.

 

 

 

Respectfully submitted:

 

 

Ed Dorotik

Secretary

 

Approved July 18, 2005 by:

 

 

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Richard Kropp, President                           Rita Pierson, Vice President

 

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Carter Rowles, Treasurer                           Marcus Rowe, Director at Large