Hidden Harbor

Hidden Harbor Owners’ Association, Inc.
Minutes of the Board Meeting
held on November 15, 2012 at 6:00 P.M.
in the onsite Clubhouse

1. Call to Order & Establishment of Quorum:
The meeting was called to order by President Richard Kleinhans at 6:00 pm.  Vice President Frank Carotenuto, Directors Bill Allen and Richard Marquis were also in attendance. Sec/Treasurer Sam Bovalino and Ken Lewis attended via the conference phone.  Director Bob Philbrook was not able to attend.  Five (5) unit owners attended along with Kathy Watts from Dragon Property.  With a quorum of Board members established, the meeting continued.  

2)   Proof of meeting notice:  Kathy stated that the meeting notice was mailed to all owners and properly posted.

3. Approval of Minutes from the April 2, 2012 Board Meeting:
Sam Bovalino made a motion to approve the minutes of April 2, 2012 as written.  Frank Carotenuto seconded the motion and it passed by unanimous voice vote.  

4.    Financial Report – Sam Bovalino:
Sam stated as of October 31, 2012 the Association is in good shape and all bills are paid. 

5.    Discussion from audience regarding the 2013 Budget:
Questions from the owners were answered and Richard Kleinhans stated that we’re required to have a new appraisal completed in 2013.  Richard also stated the fees haven’t been raised since 2007 and noted that in 2004 the Reserves totaled $24,000 and by the end of 2012 they should be approximately $243,000. 

6.    Board Approval of the 2013 Budget:
Frank Carotenuto made a motion to approve the 2013 Budget as presented.  The fees will be $371 for a 2 bedroom and $416 for a 3 bedroom.  Bill Allen seconded the motion and it passed by unanimous voice vote.  

7.    Unfinished Business: 
Brighthouse Update:  The cable update has been completed and thanks to the Board members on site and Ted for their assistance in this project. 
Security Update:  The security cameras have been installed for the protection of the residents.

8. New Business:

  • Richard reported that some of the items completed this year were: 
a. The large tree by the pool had to be removed due to a complaint to the City of Cape Canaveral and the Association was instructed to remove it. 
b. Replacement of the rec room roof.
c.    Removal of the solar panels. 
d. A new electric pool heater was installed and the temperature is set at 81 degrees until Spring.  
e. The lawn pest control and fertilizer contractor was changed to one more experienced.
f.    The security system has been completed.  
g.    The Brighthouse update has been completed.  

9.    Schedule date for next meeting:
The next meeting of the Association will be the Annual Meeting on January 23, 2013 at 6:00PM.    

10.    Adjournment:
With no further business to discuss, Frank Carotenuto made a motion to adjourn the meeting at 6:50 p.m.   Bill Allen seconded the motion and it passed by unanimous voice vote. 

Respectfully submitted,

Kathy Watts, CMCA, LCAM 
Community Association Manager
Dragon Property Management