Call to Order– 8:13 p.m.

Quorum established – Bob Gower, Sonia Richards, Bill Hillberg. Tim Saunders, David Diamond.

Approval of prior meeting minutes- Tabled. Approval deferred until a later meeting.

Treasurer’s Report : None given at this meeting

ARC: Chairman Jim Turner submited written report . Discussion ensued concerning items on this report. 5 applications have been received.  Lani out of set-back had previously been discussed and Mr. Turner suggested a variance be granted to this resident.  A similar Lani is under construction at another residence who has not applied to the ARC. The Board unanimously agrees not to grant Lani variance, asks Van Moore to write a letter to second resident to cease & desist  construction of structure and to apply to ARC per Bylaws.  The black wrought iron fence on Limerick was mentioned with no action by Board.  

Van Moore spoke to all Board members about the need to enforce all C&Rs as they are written now, and not to speculate on future re-writes.  No selective enforcement may occur because enforcement in future may possibly affected.

General discussion regarding visibility of boats.  Again, all Board Members agreed that current Bylaws and C&Rs must be enforced.  If C & R’s are to be changed it must be with approval of 75% of the membership.

Discussion of expenses for 2004. The question to Mr. Kilgore  “How far in to contingency fund we are at the moment in funding the association? “ 
Mr. Kilgore explained SLHOA was into the Road Reserve currently.  All funds collected this year (2004) have been spent.  SLHOA is now spending the reserves collected last year.

With no further business to discuss the meeting was adjourned.

Board Meeting adjourned at 9:15 p.m.