DRAFT

CALL TO ORDER:  President Bob Gower called the SLHOA Board of Directors meeting to order at 7:04PM.

CERTIFYING OF QUORUM AND PROOF OF NOTICE:  President Bob Gower certified proper notice was given and quorum was met.

DIRECTORS PRESENT:  Bob Gower, David Diamond, Bill Hillberg, Sonia Richards and Tim Saunders were all present.  Van Moore and Sharon Lockamy of APM were also in attendance.

APPROVAL OF MEETING MINUTES:  David Diamond made a motion to approve the January 13, 2005 meeting minutes since they had been corrected via e-mail.  Bill Hillberg seconded the motion and the motion was passed unanimously by voice vote.

NEW BUSINESS:

• Corporate Filing:  Bob Gower announced the Corporate Filing has been corrected by APM since it was not properly updated by Sentry Management.
• Actions Taken By Board:  Bill Hillberg made a motion to recognize and confirm all actions taken by the Board since elected or appointed.  Sonia Richards seconded the motion and the motion was passed unanimously by voice vote.
• Returning of Documents:  Audit records from 2002 & 2003 were returned to the Board.  Van Moore stated the audit books would be kept at APM.  The tax returns and the CD deposit tickets were also returned to the Board.

• Partial Assessment:  A partial assessment was sent out to owners because the new budget was not passed and nothing over $302.50 could be assessed to any owner.  If the budget is passed the additional 10% plus the 50 cents will be assessed to the owners.
• By-Laws:  The by-laws have been finished by the committee.   The assessment was raised in accordance to where it should be from the last three years.  Van Moore stated the ammendments would be done by mail. The proxy is good for 90 days.  Van Moore will consult an attorney to see if we can word the proxy:   If you do not return the voting certificate stating if they don’t send it back it will considered a yes vote.  Sonia suggested a post card go out to the owners to let them know these amendments will be coming in the mail.   Bob Gower asked each Board member to look at the new amendments by Sunday night and then set up a meeting.   313 votes are needed to approve the amendments.  The Board agreed the amendments should go on the website to help speed up the process.  A resident said he would hand deliver the first notices.  APM will provide a list of away addresses.
• Gazebo:  The cost to erect the gazebo is $3700.  There was no damage underneath and will be repaired by next week.
• Jogging Trail:  Bob Gower stated the jogging trail is in the process of being repaired. 
• Combination Lock:  A combination lock will be put by the gazebo area for the residents and their guests to enjoy.
• Sand for Playground:  Van Moore stated the sand for the playground would be put down very soon. 

ADJOURNMENT:   With no further business to discuss Bob Gower made a motion to adjourn the meeting at 7:51PM.  Sonia Richards seconded the motion was passed unanimously by voice vote.