Board of Director Meeting Minutes
September 19, 2006
On Tuesday, September 19, 2006, there was a regularly scheduled meeting of the Board of Directors at the Avinger School. Board members in attendance were Trent Gale, Bob Kenyan, and Kristy Carter. Board members not in attendance were Glenn Terry and Frank Galloway. There were two guests in attendance.
Trent Gale called the meeting to order at 6:30 p.m.
The minutes were reviewed and discussed from the August 2006 meeting. Motion was made by Bob Kenyan and seconded by Kristy Carter to accept the minutes as amended; motion carried.
Old Business:
The insurance for Eagle Landing Homeowners Association has increased 98% to $10,759.16. Last year’s insurance was $5,457.00. On the advice of the Eagle Landing Homeowner’s Association attorney, the insurance was not renewed due to the prohibitive cost. A motion was made by Bob Kenyan and seconded by Kristy Carter to go uninsured for the year; motion carried.
The Centerpoint pipeline easements have been signed and a CD has been purchased with the proceeds.
The dumpsters overflowing continue to be a problem. An additional dumpster will be ordered and signs will be posted to discourage illegal dumping. Trent Gale will follow up with these issues.
New Business:
The board would like to remind Association members to review guidelines referenced in article XI Section E as relates to travel trailers. The articles state that travel trailers may be on a lot for 15 days in a month.
Committee Reports:
Treasurer Report: The Budget and registry report was presented by Debbie Dennis, clerk. Expenditures for August were $1,956.87. This included electric, reserve, accounting, mowing and waste pickup. The waste pickup expenditure of $672.85 included an unscheduled pickup. There was also an extra expense in August of $446.04 for the insurance binder purchased in August. There was no income for August. The balance in the operating account as of August 31, 2006 is $15,099.51. The Eagle Landing Homeowner’s Association holds 3 CD’s valued at $65,303.81. The balance in savings is $6,269.54.
A motion was made by Bob Kenyan and seconded by Kristy Carter to renew a currently maturing CD at the best rate of interest possible; motion carried.
Budget expenditures to date are $13,783.00 leaving a budget balance of $28,717.00. 42% of the annual budget has been expended through the end of August.
A motion was made by Kristy Carter and seconded by Bob Kenyan to accept the Treasurer report; motion carried.
Architectural Committee:
Architectural plans were approved for Mr. and Mrs. Forsgren to build a Satterwhite log home on their property. There have been some requests for the architectural committee to look into ways to extend piers past 40 feet. This issue was tabled until all members of the architectural committee are present.
Common Area:
No report given.
Community Relations:
On October 7th there will be a bass fishing tournament followed by a chili cook-off. The tournament will begin at 7 a.m. Registration will be at the dam.
Avinger Glory days will be October 14, 2006 in Avinger. For more information please call 903-562-1863.
Firewise Committee:
Eagle Landing’s Firewise commitment will renew this month. Please submit volunteer hours for Firewise. Volunteer hours could include brush clearing, cleanup, mowing, etc.
Firewise has helped Eagle Landing acquire an out of area ISO rating of 6/9. Please contact your insurance agent to see how this will benefit you.
Compliance:
There were no compliance issues this month.
The next scheduled board meeting is Saturday, October 7, 2006 immediately following the chili cook-off.
A motion was made by Bob Kenyan and seconded by Kristy Carter to adjourn; motion carried.