Camelot

Minutes of the Board Meeting of the
Camelot Residences Association Inc.
On September 9, 2019, at the On-Site Office

Call to Order:
The meeting was called to order by President Jerry Britton at 6:30 p.m.

Establishment of Quorum:
Board members present were Gerald Britton, Nicole Combs, Don Drake and Jason Andersen
Richard Stewart attended via a speaker phone.
Michael Sciaino was not able to attend.
Kathy Watts represented Dragon Property Management.

Approval of Minutes from May 13, 2019 Board Meeting:
Nicole Combs made a motion to approve the May 13, 2019 Board Meeting minutes. Don Drake seconded the motion and the motion passed by unanimous voice vote.

Treasurers Report:
Manager Kathy Watts reported that all bills are paid and the Reserves are being funded on time. We have put liens on two (2) and collecting rent checks from the tenants. Two units are in the process of being foreclosed on. Don Drake made a motion to accept the Treasurers Report. Jason Andersen seconded the motion and the motion passed by unanimous voice vote.

Old Business:

New Business:
Approve 2020 Proposed Budget Mail out To Owners: Monthly assessments will not increase for 2020. Don Drake made a motion to approve management to mail the 2020 Proposed Budget to owners. Jason Andersen seconded the motion and the motion passed by unanimous voice vote.

Approval for South and West Retention Ditch Survey: Jerry Britton explained the need to confirm the property lines for the retention ditch so it can be determined who has the responsibility for its upkeep and made a motion for the survey which has been completed for $1200. Don Drake seconded the motion and the motion passed by unanimous voice vote.

Current Projects:

Announcements:

Next Board Meeting: The next scheduled Board meeting will be on Monday, October 14, 2019 at 6:00 p.m. in the on-site office.

Adjournment:
With no further business to discuss, Jason Andersen made a motion to adjourn the meeting at 6:15p.m. Don Drake seconded the motion and it passed by unanimous voice vote.

Respectfully submitted,

Kathy Watts
Kathy Watts, CMCA, LCAM
Dragon Property Management
Board of Directors, Camelot Residences Association, Inc.