Announcement: March Board Meeting has been rescheduled; Now set for 26 March

The March Board meeting has been re-scheduled for Thursday, March 26, at 6:30 PM at unit 155.

March Board Meeting set for March 5th

The March Board meeting has changed; the Board will meet this month on the first Thursday, March 5th at 6:30 PM at unit 155.

Approved minutes from February 2009 Board meeting

Crawford Bay at Olde Towne

Board of Directors Meeting

February 12, 2009

Members Present - David Warren, Franklin Marzullo, Frank Wright and John Park. Rosemary Dorow of GSH Management was present.

Homeowner’s Forum – Attended by Erika Freeman, Debbie Rosso, Benny Forsythe, Teresa Park, Carole Garrett and David Zimmer.

• Frank Wright proposed an extended homeowner’s forum or an additional meeting to be held once per quarter so that residents may expand upon any concerns they may have.

Approval of Minutes – According to the new process, the minutes from the special Board meeting were previously approved prior to the meeting and distributed by the managing agent.

Treasurer’s Report – Frank Wright presented the report as of 2/12/09

1. Checking account balance $8,198.41
2. CD balance $15,483.22
3. CD balance $45,000
4. Loan balance $39,147.16

Committee Reports –

• Rules and Variance – The committee will work to develop an inspection schedule for On Target’s work.
  
  
• Community Activities – None
  
  
• Community Watch – Carole is working with Abby Yablonski to tie in Crawford Bay Condominiums with the Olde Towne Community Watch.

Manager’s Report – Rosemary distributed and reviewed the income summary and addendum. Balance on the Operating Budget as of 2/12/09 is $5,240.08.

Rosemary provided the Rules and Variance Committee with On Target’s assessment of each Unit.

The Board voted to stop using Aarden for maintenance and repairs at Crawford Bay Condos.

Old Business:

On Target was awarded the general maintenance contract. Work has already begun on the front row and is scheduled to run for 15 months.

David Warren presented a Board resolution to implement CAI financial best practices.

New Business:

David Warren encouraged any or all Board members and members of the Association to attend the upcoming CA Day March, 14, 2009

The Board discussed units that were in arrears.

There was no other business discussed and the meeting was adjourned.

Submitted by
John Park