Bridlepath Homeowners Association

Meeting of the Board of Directors

Minutes

February 7, 2007

Call to Order:  The regular meeting of the Bridlepath Homeowners Association was called to order by HOA President Chris Koehler at 6:30 pm.

Board of Directors Present: Bonnie Pearce, Laurie Husbands, Stan Peterman, Valerie Rose and Tim Albanese.  Also present: Chris Koehler, Stan Seo, Lisa Cobb.

The minutes were approved from 1/11/07 as submitted. 

Correspondence given to Laurie for payment.  Discussed income and expenses.

ACC – no update.

Grounds and Maintenance Committee – Getting another bid on a sprinkler system.  Discussed mole problem – Stan will put pellets in hole to get rid of it.  Discussed fence rail and city bond.  Stan will f/u with Justin regarding blackberries and fence.  Asked for liability verification from TLC – they will name Bridlepath on their policy so their employees are covered while working on our property.

Social – needs a committee chair.

Improvement Committee – Focusing on improving the tot lot.  Lisa Cobb is chair of the committee.  Discussed plans for new play structure.

Safety/Block Watch – Stan Seo came to meeting to discuss where signs would be placed for neighborhood watch.  He suggested a sign as entering neighborhood and one by the fence next to the driveway leading up to the sports court.  The board agreed with his suggestion.  He will follow up with the city to get the signs.

Discussed annual meeting and it was agreed by board members to review and choose a better choice of presenting finances for all to understand at 2008 annual meeting.

CPA – will be doing either 1120 or 1120H form and will approximately cost $320.  His name is John Mackey and charges $175/hour for any additional questions throughout the year.  The board approved unanimously to go with tax preparations by John Mackey.

Officer Positions elected among the board members:

President – Val Rose                                      Finance – Laurie Husbands

VP/Secretary – Tim Albanese                         Communications – Bonnie Pearce

Treasurer – Stan Peterman

The board approved new officers above.  The board approves adding Stan Peterman to the WA Mutual account to handle financial decisions and the checkbook.  Bonnie Pearce can be removed from the account.  The account will be accessible by Stan Peterman, Treasurer and Laurie Husbands, Finance.

The board will discuss officer duties at next board meeting.

Discussed Duane Husbands wanting to advertise his free service to locate wires put in by electrical company.  The board agreed that only free services that are service for the entire neighborhood can be forwarded on to the community with the “there is not endorsement implied”.  There will be no advertising for profit or to generate business.

Discussed web site – Laurie will follow up with Frank Pearce in the next couple days to give him permissions. 

Discussed Safety binders – total of 55 binders at $452.79.  Approved unanimously for Val to be reimbursed for her costs.

Discussed unpaid dues as there are only three households left to collect.  Discussed going to a collection agency. 

Discussed guidebook suggestion from Chris – All Hands On Board – approximately $16 plus s/h.  It was approved by board for Val to buy.

Discussed and agreed to put tentative “draft” minutes on web site before board approves at next meeting.

The board will discuss capital budget and emergency fund at next meeting.  Next meeting on Thursday, 3/8 at 6:30 pm.

Adjournment – Meeting adjourned at 9:08 pm.