Quail Valley Lot Owners Association, Inc.
Meeting of Board of Directors
Date & Time : Wednesday, September 26, 2012
Held at Minneola City Hall, Minneola, FL
Minutes
Note: Address any questions about Minutes to QVLOA Board of Directors or Lisa Donohue at EPM Services |
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Meeting was called to order by David Yeager, at time 7:15 p.m.
Board members in attendance were as follows: David Yeager, Kerry Postel, Alfred Rodriguez and Natalie Yancey. Mel Ash was absent.
Lisa Donohue from EPM was present.
Motion made by Natalie and second by Alfred to approve the August 2012 minutes.
Treasurers Report by Lisa Donohue
- As of August 31, 2012
- Regions Operating Account: $63,136.47
- Regions Money Market: $133,935.63
- Accounts Receivable: $99,168.28
- Motion by Natalie and a second by Alfred to transfer $20,000 from the operating account to the money market.
- The budget for 2013 was discussed. Budget will be approved next month. Assessment will remain the same at $288.
Committee Reports were given as follows:
Violations:
- Several homes will be receiving letters to mow their yard. One home has furniture outside with a window A/C unit and a boarded window — Lisa to investigate and send letter.
Landscaping:
- Further discussion on installing a meter in the front island so that decorations can be put up here also. Lisa has a price but it was only a budget number and depends on where Progress Energy tells them to pull power. Lisa to find out this information and then call the Board to make a decision. A motion was made by Alfred and a second by Natalie to move forward with finding out the information so that the job can be completed before Christmas. Lisa will also ask them to find out why the lights on the other island keep shorting out.
- A motion was made by Kerry and a second by Natalie to approve an annual budget for 2013 of $500 for the Christmas Decorations.
Unfinished Business:
- The trees at the entrance have been trimmed. David will ask for a price to trim the palms in the park.
- Lisa investigated the coverage that the Directors have for being on the Board. The coverage is $1million per incident, $1000 deductible. Lisa to find out how much it will be to increase this coverage.
- Speed limit signs: David is still trying to get this worked out.
Under New Business the following topics were discussed:
- The owner of 101 Magellan has finally been located and the owner has been served with the foreclosure papers.
- Next Community Yard Sale is October 24, 2012.
Motion to adjourn Alfred, and a second Natalie
Next meeting will be October 24th, 2012.
Meeting was adjourned at 9:05 p.m.
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| Minutes submitted by Kerry Postel, Secretary |
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