MARINERíS COVE CONDO ASSOCIATION BOARD MEETING

 

November 15, 2014

 

PRESIDENT:†††††††††††††††††††††† Cathy Tepel

 

VICE PRESIDENT:†††††††††††† Jim Morehouse

 

SECRETARY:††††††††††††††††††††† Kim Burgess

 

TREASURER:†††††† †††††††††††††† Carol Hassebrock

 

BOARD MEMBERS:††††††††† Deanne Wright

††††††††††††††††††††††††††††††††††††††††††††

ABSENT:†††††††††††††††††††††††††††† Wayne Holverstott, Chris Urquhart

††††††††††††††††††††††††††††††††††††††††††††

CALL TO ORDER:††††††††††††† 9:00 AM

 

Call to order by President Cathy Tepel.

 

GUESTS:†††††††††††††††††††††††††††† Harold Terpsta

 

††††††††††††††††††††††††††††† †††††††††††††† Advised issue with off-leash dog.

 

†††††††††††††††††††††††††††††††††††††††††††† Motion made by Carol to enter into Executive Meeting to discuss animal complaint.† 2ND by Jim.† Approved

 

9:12†††††††††††††††††††††††††††††††††††† Entered into Executive Meeting

 

9:37†††††††††††††††††††††††††††††††††††† Out of Executive Meeting

 

†††††††††††††††††††††††††††††††††††††††††††† Report of incident with dog off-leash.† Reminder letter will be sent to dog owner by Cathy.

 

MINUTES:††††††††††††††††††††††††† Motion made by Carol to approve the minutes as presented.† 2nd by Deanne.† Approved.

 

FINANCIAL REPORT:†††††† Treasurer Carol Hassebrock explained that two temporary transfers were made from the Insurance Fund (which is part of the General† Fund) to the Building Fund: June 25, 2014, $3,000; September 11, 2014, $10,000.† On September 18, 2014, $1,000 was transferred back to the Insurance Fund from the Building Fund.† After a discussion of the fund balances of each fund and understanding that the Insurance Fund has adequate money without the $12,000 being re-deposited and considering the need to build a reserve in the Building Fund for present and future repairs† Deanne moved and Kim seconded the motion to leave the remaining $12,000 in the Building Fund and change the transfers from temporary to permanent.† MC 4-0.† Approved.

 

PRESIDENTíS REPORT:†† Cathy advised that the BBWARM Advisory Committee Meeting will be held on November 19th, 2014 from 6-8 pm at Station 62, 9001 Semiahmoo Parkway, Blaine, WA.†

 

COMMITTEE REPORT:†††

Maintenance:††† Cathy advised that Wayne made a new ďcondo for saleĒ sign as the old one blew away in the last storm.

 

Grounds:†††††††††††† The contract for the grounds maintenance is being put out to bid as our current contract expires Spring 2015.† Bids to be received by December 1, 2014.

 

Sales:†††††††††††††††††† Three units have been sold.

 

OLD BUSINESS:

 

†††††††††††††† Budget:††††††††††††††††††††††††††††† Deferred to January 2015 meeting.

 

†††††††††††††† Maintenance

Completion:†††††† All maintenance is complete except painting the caps.† Duane will finish as weather permits.

 

NEW BUSINESS:†††††††††††††† Jimís door is not closing completely.† Cathy will have Duane look at it.

††††††††††††††††††††††††††††††††††††††††††††

CORRESPONDENCE:††††††† None.

 

Motion to adjourn by Jim.† 2nd by Carol.† Approved.

 

ADJOURNMENT:††††††††††††† 10:40 am

 

Next meeting:†††††††††††††††††† January 10, 2015 at 9:00 am

 

 

 

 

 

†††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††††

Kimberli Burgess, Secretary