Hidden Harbor

Minutes of the Organizational Meeting of the
Hidden Harbor Board of Directors
On February 26, 2015, in the onsite clubhouse



Call to Order:  
Mary Dillon called the meeting to order at 6:00 p.m. 

Establishment of Quorum:
Board members present were Bill Allen-President (by speaker phone), Mary Dillon-Vice President, Sam Bovalino-Treasurer/Secretary and Directors Frank Carotenuto, Bob Philbrook, Ken Lewis, and Richard Marquis.  Director Butch VanGraafeiland was not able to attend.  Kathy Watts represented Dragon Property Management.  

Approval of Minutes from January 28, 2015:
Sam Bovalino made a motion to approve the January 28, 2015 Organizational Board Meeting minutes.  Frank Carotenuto seconded the motion and the motion passed by unanimous voice vote.

Treasurers Report:
Sam reported that as of January 31, 2015 the Association has $15,877.72 in the Operating account and $264,928.14 in Reserves.  The Association is in good shape and all bills are paid.  

Old Business:

Panel Doors:  The doors have been replaced for with Building 7.  Building 1 will be notified of their door replacement date.  One quad will be completed each Wednesday so it will end up being one building per month being competed.  Once the building is completed, the stucco around the door frame will be repaired and unit numbers will be installed.  Residents are requested not to stick any numbers or alter the doors in any way.  Quad 105 108 should be installed on Tuesday, March 3rd and Quad 101 104 should be installed on Wednesday the 4th.

Shed Update:  Ken Lewis reported that after collecting prices from 4 businesses with prices ranging from $3200 with the association having to assemble, anchor and provide flooring to $4366 for a shed installed and prewired.  Kathy stated she would scan the information from Shed Movers and email the information the Board and it could be voted on at the next meeting.  It was decided that would not be necessary.  Ken Lewis made a motion to purchase a 10x2408 shed from Shed Movers if the conditions are favorable for the installation.  The expenditure would come from Reserves-Deferred Maintenance with a limit of $5,000.  Sam Bovalino seconded the motion and the motion passed by unanimous voice vote.

New Business:  None at this time.

Committee Reports:  Barbara Ursin reported that the landscaping projects are current

Announcements:

Next Board Meeting:  The next scheduled Board meeting will be Thursday, March 26, 2015 at 6:00 p.m.

Adjournment:
With no further business to discuss, Sam Bovalino made a motion to adjourn the meeting at 6:30p.m.  Frank Carotenuto seconded the motion and it passed by unanimous voice vote.

Respectfully submitted,

Kathy Watts
Kathy Watts, CMCA, LCAM 
Dragon Property Management
Board of Directors, Hidden Harbor Owners Association, Inc.