Quail Valley Lot Owners Association, Inc.
Annual Meeting
Board of Directors Meeting
Monday, November 16, 2009
Minneola City Hall, Minneola, FL
Minutes |
|---|
Meeting was called to order by Mel Ash, at time 7:10 p.m.
Proof of due notice was posted by Fred Wood, at entrance and exit of Quail Valley location giving residents 48 hours notice of forthcoming meeting. Notice was also posted on the QVLOA web site.
Board members in attendance were as follows: Natalie Yancey, Kerry Postel, Mel Ash and John Flowers, and Chelsea Rozell Bono from EPM; David Yeager was absent.
QUORUM WAS MET AND THE ANNUAL MEETING WAS HELD.
The minutes from the October 22, 2009 Board of Directors meeting will be approved at the next meeting on January 7, 2010. There was no annual meeting last year so there were no annual meeting minutes to approve.
Treasurers Report by Chelsea Rozell Bono
- As of October 31, 2009
- Checking Account $9,191.62
- Money Market: $106,390.97
- Accounts Receivable: $54,344.29
- We are 2-3 weeks away from mediation with the first 2 homes that went to foreclosure. Four other homes have started the foreclosure procedure and will follow into mediation in due course. We are moving along with 2 homes at a time due to the expense that is involved.
Election of Directors
David Yeager decided to step down from his position as President of the Board. The remaining 4 members of the Board agreed to re-run for the Board. Sally Osteen said she would like to run for the Board. All 5 were elected to the Board.
Positions were decided as follows:
- President — Sally Osteen
- Vice-President — John Flowers
- ARB Chairman — Mel Ash
- Secretary — Kerry Postel
- Board Member — Natalie Yancey
Unfinished Business
- New sign to be installed either December or January. Bids are being obtained to bring electricity to the sign.
- The work was completed at the playground by PLM and it is a big improvement.
Under New Business the following topics were discussed:
- The Christmas committee obtained prices and made various suggestions. It was decided that we would have a wreath in the middle of the Quail Valley sign with garland going to each side with another decoration on each pillar. The committee will get prices to do this option and email it to Chelsea to send to the Board members for approval.
- A suggestion had been made about the possibility to purchase the land behind Walgreens. We had discussion and it was felt that this was something that we should not move forward with so no further action will be taken.
- Next meeting scheduled for January 7, 2010 at 7:00 p.m.
Motion made to adjourn by John and second by Mel.
Meeting was adjourned at 7:40 p.m.
|
Respectfully submitted,
Kerry Postel, Secretary |
|
