Thursday, July 12, 2012

May minutes


ASHWOOD TOWNHOMES OWNERS ASSOCIATION
ANNUAL MEETING
MAY 22, 2012
Location: Forest Public Library


The annual meeting was called to order by President Laura Cofer at 6:35 pm on May 22nd, 2012, at the Forest Public Library.

The previous minutes of February 20th and April 9th, 2012 meetings were given to the attendees and were approved.

Treasurer’s Report:

The treasurer’s report was submitted by Jennifer Edgell, and she also submitted her resignation as Treasurer.

Account balances as of May 22, 2012:             
            Operating Account:                        $12,537.99
            Money Market:                          51,911.38
            FNB CD:                                      15,943.07
            FNB CD:                                      39,326.26

New Business:

The new business consisted of several discussions:
            Front door paint fading.

            Dip or bubble in areas of roofing where the firewalls overlap between units.

            A decision was made to obtain a carpenters viewpoint and to see what needs to                         be done to alleviate this problem.

            Jason Ore from Melvin Morgan Roofing made a presentation and gave                         suggestions to help the community resolve the issue.

            Tim Penick, property manager gave a presentation regarding that we have                         Liability Ins. only and not comprehensive which is very expensive.  It was                         recommended that each homeowner make sure that they have full                         coverage.  Tim is getting bids from several agencies so the board can                         make sure that our homes are covered according to our bylaws.

            The subject of election of Board of Director members was raised, however                         without a quorum of 35 units represented, there cannot be an election of                         officers.

ASHWOOD TOWNHOMES OWNERS ASSOCIATION
ANNUAL MEETING
MAY 22, 2012
Page 2


Old Business:

We discussed adding onto the existing playground equipment and Ryan Carboneau was designated to be the committee chair. He will get a committee together, make plans and then report back to the board for approval.

A discussion was held regarding the work of our new landscaping company “CLC”, and the walk through that will be done on the third Wednesday of each month. Homeowners were             encouraged to bring their concerns to the attention of Tim Penick so that we can address them with ” CLC” at the next walk through.

Several homeowners indicated a desire to be members of the Board and will attend the next scheduled meeting to be held on 6/11/12 at 6:00pm.

Goodyear Service Center, Sherwin Williams Paint, Betty Tolley and Libby Scot donated door prizes. Thank you Jennifer Inscoe for bringing this together.

They’re being no further business; the meeting was adjourned at approximately 8:00pm.





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Secretary/Elizabeth Spurrier







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President/ Laura Cofer

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