COACHMAN OAKS CONDO ASSOCIATION
BOARD MINUTES
January 10, 2007	
7:00 PM

PRESENT:
Larry Gleason, President; Dorothy Osland, Vice President; Iola Alexander, Director; Mary Miller, Director; Jim Weems, Director; Jodi Johnsen, Treasurer/Secretary; Ben Groff, Omega; Dave Stendal, Omega

1.	Larry Gleason called the meeting to order at 6:30.
2.	Dorothy made a motion to approve the October and November minutes, Jim 2nd and it passed. 
3.	Jodi Johnsen read the Treasurer’s report

For the month ending October 31, 2006
	
	Income			$47,490.69
	Expense		$41,469.87
	Net Income   		$6020.82
	Operating Cash	$83,679.47
	Capital Cash		$145,961.78

For the month ending November 30, 2006
	
	Income			$53,899.16
	Expense		$59,897.15
	Net Loss   		$(5997.99)
	Operating Cash	$62,242.27
	Capital Cash		$97,580.68

For the month ending December 31, 2006
	
	Income			$23,674.26
	Expense		$43,127.06
	Net Loss   		$(19,452.80)
	Operating Cash	$72,944.85
	Capital Cash		$93,780.86

4.	The Hospitality Committee account balance ????????
5.	Management Report
a.	Dave introduced Ben Groff as the new assistant manager for Omega.
b.	We have $27,819 in Accounts Receivables as of December 31st.  Fifteen owners account for $25,162.
c.	Dorothy made a motion that Omega begin immediate foreclosure on 4 delinquent units if they have not made arrangement to settle their past due balances by the January 28th deadline.  Jim 2nd and it passed.
d.	Larry made a motion to schedule Flores Cleaning Services to clean the carpets again in the spring, Jim 2nd and it passed.
e.	Jim made a motion to approve painting the storage lockers by Final Coat Painting and to have signs put on the lockers.  Iola 2nd and it passed.
f.	Dorothy made a motion to limit the tree pruning to $7000.00 that’s in our budget, Iola 2nd and it passed.
g.	Jim made a motion to give stall 3053 a 3 week grace period to get his car fixed and waive the fee if it’s taken care of.  Mary 2nd and it passed.
h.	Iola made a motion to wave unit 361 since they’ve moved the item, Mary 2nd and it passed.
i.	Jim made a motion to wave the fine for unit 467 since it’s been taken care of, Mary 2nd and it passed.

6.	New Business
a.	Dorothy made a motion to accept Callahan & Johnson’s lesser quote of $ ??????, Iola 2nd and it passed.
b.	It was brought up we should look for better lighting for the parking lot.
7.	The next board meeting will be February 14th.
8.	The meeting was adjourned at 7:30

Respectfully submitted,
	
Jodi Johnsen
Secretary/Treasurer