Meeting minutes from August 16, 2004 were approved. 

Financial Report – Copies of the Stresser & Associates Financial Reviews for the past three years were distributed and discussed briefly.  In Jan’s absence, it was decided to hold all questions about them until the next meeting when she could respond.

Old Business

1. Since the August 16^th BOD Meeting, Dan had received and disseminated the request from the Chilivis’s to lease their home on Waverly Court.  As this is in conflict with the Courtyard Bylaws, a vote was solicited by email or verbally from Dan.  The BOD voted 5-1 against allowing this proposal.  It was suggested that this vote be recorded in these minutes for future reference.
2. With Kathy Dorough present to provide guidance and answer questions, a general discussion was held on how to proceed with the next steps in dealing with open issues to be dealt with as a result of the new Amendment.

The Board voted to further evaluate the facts and circumstances of each of the walls of those homeowners who had written to the BOD (prior to the passage of the Amendment) requesting repair of their walls.  To this end, the Board will retain a contractor to evaluate each of the walls on these properties to determine the type and extent of repair needed, and the timing of these repairs.  Further discussion will be based on findings

Specific assignments of tasks were made:

a.   Dan to draft a letter to all of the homeowners who had made requests.

b.      Mary to find professional and qualified contractor(s) to make recommendations

           Further discussion will be held at the October Meeting.

New Business

1. Mary Carroll presented the first draft of the 2005 Budget for the Board’s review.  Suggestions were made and changes will be forwarded to the Board for their approval prior to presentation to Homeowners at the Annual Meeting.
2. It was decided to hold the Annual Meeting earlier this year, and December 9th was selected.  The recommended 2005 Budget will be presented at that time.  There will also be an election of Board Members, as current Board Members now serve only one-year terms, not to exceed 3 consecutive years.  Neal Mangold is the only current Board Member that falls into that category, and will not be eligible for reelection.  This point needs to be brought to the Homeowners’ attention when the Meeting date announcement is made, so that new names may be considered for nomination.
3. Copies of the new Declarations and Amendments will be made available through Mary Carroll for $15.

The next Board Meeting is scheduled for October 18 at 7:00PM at Bobbie Goodwin’s home.

The Meeting was adjourned at 9:00PM.

Respectfully submitted,

Neal Mangold, Secretary