What's New

CALL TO ORDER
The meeting was called to order at 6:30 p.m. by Morris Lane.

MEMBERS PRESENT
Morris Lane - President

Sharon Drobka - Vice President
Pamela Ariano - Treasurer
Rudi Fruth - Secretary
Anne Omori - Member
Robert Turner - Member
Dan Van Ert - Member

MEMBERS ABSENT

ALSO PRESENT
Joanne Peña - Horizon Management Company
Jack Davidson - On-Site Maintenance

ANNUAL MEETING
Morris Lane announced that the Annual Meeting could not be held due to lack of quorum. The Annual Meeting will be re-convened on Tuesday, April 21st at 6:30 p.m.

OPEN FORUM
The homeowners in attendance were given the opportunity to address the Board.

MINUTES
MOTION (DVE,SD) to approve the minutes of the February 17, 2009 board meeting, as edited. The motion carried with ML abstaining.

FINANCIAL REPORT
As of February 28, 2009, there was $198,922 in operating cash and $2,098,551 in reserve funds.

Reserve Investments. MOTION (RF,AO) to re-invest the CD that came due March 25, 2009 and the CD coming due April 9, 2009 for twelve months. The motion carried, with PA abstaining.

MOTION ( PA,DVE) to accept the February financial report. The motion carried

MAINTENANCE REPORT
Jack Davidson gave a status report with regard to the following maintenance projects:

• The re-plastering of Pool C has been completed, and the drain repairs will be completed by Friday
• The drain repairs at Spa C will be competed by Friday, and it will be re-heated for this weekend
• TruGreen has started planting the new flowers along the sidewalk on the east side of the exit drive
• Another unit of siding will be ordered for use during the decking project
• The remodel of the Pool C restrooms is complete and a bid is being obtained for the Pool B restrooms
• The patio furniture will be inventoried so that the Board can determine whether or not additional pieces need to be ordered

Landscape Upgrades. The Board reviewed two proposal submitted by TruGreen LandCare. MOTION (DVE,PA) to approve the proposal for removal and replacement of 35 Oleanders for a cost of $4,462. The motion carried. The proposal for planting twenty 5 gallon "Gold Drop" for $700 was rejected.

Crosswalk on Plaza Del Amo. The Board received and rejected a proposal for painting a crosswalk across the exit on Plaza Del Amo.

MANAGEMENT REPORT

Year-end Review and Financial Statements. MOTION (PA,DVE) to approve the year-end review and financial statements for distribution to the membership. The motion carried.

Deck Project. The Board reviewed and signed the Professional Services Construction contract for the deck project, which had been reviewed by legal counsel.

UNFINISHED BUSINESS

Virginia Graeme Baker Pool and Spa Safety Act. MOTION (ML,AO) to shut down Pools A&B and Spas A&B, as soon as Pool and Spa C are operational, so that the drain repairs can be made to bring them in to compliance with the Virginia Graeme Baker Pool and Spa Safety Act. The motion carried.

MOTION (ML,PA) to authorize up to $8,000 for the drain repairs for Pools A&B and Spas A&B. The motion carried.

ADJOURNMENT
There being no further business before the Board, the meeting was adjourned at 8:10 p.m. The next meeting is scheduled for April 21, 2009 at 6:30 p.m. in the Clubhouse.