COACHMAN OAKS CONDO ASSOCIATION
BOARD MINUTES
June 14, 2007
7:00 PM

PRESENT:
Anna Vanderpool, Vice President; Mary Miller, Director; Jim Weems, Director; Jodi Johnsen, Treasurer/Secretary; Ben Groff, Omega; Dave Stendal, Omega

Absent:  Iola Alexander, Larry Gleason

1.	Anna Vanderpool called the meeting to order at 7:00.
2.	Mary made a motion and Jim 2nd it to accept the Agenda, it passed.
3.	Mary made a motion to approve the minutes with the change of showing her as absent on May 9th, Jim 2nd and it passed. 
4.	Jodi Johnsen read the Treasurer’s report

For the month ending May 31, 2007
	
	Income			$44,455.91
	Expense		$46,565.83
	Net Loss   		$2109.92
	Operating Cash	$68,820.81
	Capital Cash		$137,536.61

5.	The Hospitality Committee had beginning cash of $284.49, spent $49.47 and had an ending balance of $235.02.  
6.	Management Report
a.	We have $37,623 in Accounts Receivables as of May 31st.  Fifteen owners account for $37,469.
b.	Mary made a motion and Jim 2nd to go ahead and start foreclosure if units # 255 & # 326B don’t pay their accounts in full by June 16th, it passed.
c.	Anna made a motion and Jim 2nd to start foreclosure on units # 305 & # 465, it passed.
d.	Jim made a motion and Mary 2nd to go ahead with Rhino Bobcat & Landscapings bid of $4400.00 to fix the erosion problem by the 3155 garage, it passed.
e.	A new maintenance technician, Tim Cline, started and we’ve received positive feedback from several residents and no negative feedback.
f.	Anna made a motion and Mary 2nd it to accept Standard Water Control Systems bid to install drain tiles at all 4 stairwells at a cost of $12,000, it passed.
g.	A Plus Roofing will be out this month to install 7 additional downspouts where dripping from the roof has occurred in front of decks.
h.	Mary made a motion and Anna 2nd for Omega to go ahead and get quotes for the following projects: installing windows in the doors going into the garage and outside from the stairwells, put more efficient lighting by the 2 entrances, put better lighting by the overhead garage doors, and put faucets outside by the main entrances to help with watering.  It passed.
i.	We have approximately 20% of the proxies needed to pass the new governing documents.
7.	The next board meeting will be July 11th.
8.	The meeting was adjourned at 7:50

Respectfully submitted,
	
Jodi Johnsen
Secretary/Treasurer