MINUTES OF THE MONTHLY BOARD OF DIRECTORS MEETING

SECTOR 2A AT SNOHOMISH CASCADE ASSOCIATION

7:00 PM   WEDNESDAY MARCH 12, 2008

 

CALL TO ORDER / APPROVAL OF MINUTES

  1. Meeting was called to order at 7:10pm by Bill Steenis.  In attendance were Jennifer Stout, Steve Yandl, John Patterson & Bill Steenis.
  2. Jennifer Stout presented the minutes of the February meeting.  Motion made by Steve Yandl to accept the minutes as written, seconded by Bill Steenis, accepted unanimously.
TREASURER’S REPORT

  1. 21 outstanding checks from homes that had not as of the due date, March 1st, paid their dues.  This is a 50 % increase in late payments from past years.  Late fees will be assessed after one month.  Liens on unpaid dues will be assessed on May 1st, 2008.
  2. $73,000 in the bank. Transfer of $9,800 to long term fund will be done in near future.  Roughly $6,000 in current outstanding checks.
  3. $23,000 in money market account. One of the CDs will be coming due in near future, will be re-enrolled.
MAINTENANCE REPORT

  1. No paperwork received as of yet from the Snohomish County Little League.  Without correct paperwork on file, will be unable to allow practice to occur.  No port a potty has been stationed at boatpark yet either.  Will be in communication with League to check on status of paperwork.
  2. Will have Skinner crew work on park pressure washing of toys and graffiti removal along with coordinating for crew to do painting of community fence where needed.
  3. Play chips will need to be added to play toys this summer.  Approximately 4 inches worth will cost around $1,600.00.  Board will discuss later to do this in the summer.
  4. John Patterson advised board of bat houses as an option to help minimize bugs in the community this summer.  Board will review this option for summer use.
  5. Will request bids to do further pavers up path at 72nd to Sno-Cascade to look at feasibility for improved gravel control there.
ARCHITECTURAL CONTROL COMMITTEE REPORT

  1. No communication received from Sharma rental regarding lease being up in May.   $100.00/day fine will be instituted after the lease is up if the home is still being utilized as a rental.
  2. Mohammed house, family has chosen to move into the home in Gold Creek.  No longer will be considered for a rental option by owners.
Old Business

  1. Directors’ insurance coverage is now at $20,000.
  2. Refund received from prior insurance and new insurance with an umbrella of 3 million instituted at a lower cost to HOA.
 

New Business

  1. Will need to request use of Totem Falls Elementary library for yearly HOA meeting.  Jen Stout will acquire this approval.
  2. Yard of Merit will start back up in April.  Volunteers are appreciated.
Meeting adjourned at 8:10.