Board of Directors Meeting
Kidd Island Bay Homeowners Association
Date: October 6, 2005
Time: 6:30PM
Place: John Boisen’s Home
Board Members Present:
John Boisen
Fred Miller
Jim Ruyf
Bill Putren
Chad Solsvik
Neal Schaefer
Board Members Absent:
Din Sharp
Russ Niles
Agenda
Reading of old minutes: Board voted to waive the reading – all had received a copy – voted to accept the minutes as submitted.
Late Letters to be sent to past due Members:
Chad identified two: Barrows and Moss.
Fred to send a letter to Mr. Barrows, and Chad to call Mr. Moss.
Savings Bank Account: Board voted to close this account and either transfer it
to a money market account or to our regular checking account. The saving account is costing us more in service fees than we are receiving in interest.
Task to be completed before the next Board Meeting.
New docks: We need a written procedure encompassing the directions from our attorney and The Dept of Lands for new dock applications. Fred to prepare for the next Board Meeting.
Letter to all Members regarding the special assessment voted by the Members at the last General Meeting. Fred to prepare for the next Board Meeting.
Alterations to Association common property: Board voted to prepare a policy regarding this issue with a target for completion: next Board meeting.
Road Repair resulting from new home construction.
The Board felt it was unfair for the General Members as a whole, who are tasked with maintaining the road, to have to re-repair as a result of one lot owner’s project.
That lot owner should pay for the restoration of the road, and not the General Members.
A policy will be developed for discussion at the next Board meeting.
8. Next Board meeting is scheduled for early November.
There being no further business, a motion was made, seconded, and a vote taken to adjourn the meeting.
Fred M. Miller
Secretary
Board of Directors
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