Alaskan Bay Owners Association, Inc.
Minutes of 29 January 2015
Attendees:
Yannick Hodgin (President/Board), Mark Smith (Vice President/Board) Randy Bañez (Treasurer/Board), and David Riley (Accountant) were present. Ginger Scoggin (Secretary/Board) and Mike Bridges (Board Member/ACC Chairman) was absent.
Candice Haywood represented Ben Marsh & Associates Inc.
Call to Order:
The meeting was called to order at 7:40 PM.
Quorum:
Quorum was established with 3 out of 5 Board members present.
Agenda:
Randy Bañez moved to approve the Agenda. Yannick Hodgin seconded the motion. Motion carried.
Approval of Minutes:
The minutes of the 30 October 2014 meeting were reviewed. Randy Bañez moved to approve the minutes. Yannick Hodgin seconded the motion. Motion carried.
Financial Report:
David Riley presented the financial reports for October, November, and December 2014. Dues are coming in at about the same rate as last year. There are 3 owners who still have not paid their dues.
Budget:
David Riley presented the Operating Budget which showed the budget was under spent by about 13% of what was budgeted.
Grounds Report:
None
Architectural Committee Report (ACC):
None
The problem renters were evicted.
Mark Smith moved to approve the Managers Report. Randy Bañez seconded the motion. Motion carried.
Welcoming Committee:
None
Old Business:
House Rules: Postponed
Interest Rate & Late Fees: Tabled.
Annual Meeting:
Management stated the notices for the Annual Meeting were mailed out and the class room was secured for the meeting not the multipurpose room.
New Business:
The bids for the new signs were presented but the bids were rejected. A new Scope of Work will be assembled and sent out for bids.
Mark reported the skating rink is back up at a new house 2920 Rocky Bay Circle. Mark will talk with the homeowners and if necessary he will ask management to send a letter.
Next Meeting:
The next meeting will be the Annual meeting, 11 February 2015, Bayshore Elementary School room 30, 7:00 PM
Adjournment: :
Hearing no further business the meeting was adjourned at 8:24 PM.