Ralph Presented and Reviewed the Financial with the Board

January 10, 2015 Board Meeting

Meeting began at 9:10am

Ralph Chiarella, Len VerHoven, Martin Nicoulin and Mike Monley in attendance

Ralph presented and reviewed the financial with the board.

The board voted 4-0 to move forward with improving our HOA sign so it can be seen easier at night. The voted to hire the original sign maker to install a colored background to the black cut out to make it stand out and easier to see now that our sign is lit up at night. That option is approximately $750.

The board discussed the fence along Grey Hackle and the need for repairs or replacement. Len presented quotes from 2 different contractors and the options each contractor offered included, repairing the fence in the same manner as original construction (cedar, 2 rail), or replacing the fence with cedar 2 or 3 rail or replacing the fence with a pressure treated 3 rail fence. An option of cementing in post holes is also possible. This information will be presented to the entire HOA at the annual meeting to solicit feedback about how the owners feel the board should move forward.

The board discussed the option to create a trash enclosure in the community that would be available to all owners. Marty presented his research on the topic and a quote to build the enclosure. This information will be presented to the entire HOA at the annual meeting to solicit feedback and how the owners feel the board should move forward.

In an effort to continue to clean up the HOA, Len solicited a quote from Clive Smith to clean up 5 vacant lots owned by Morris King. The lots are Block 4, lots 12, 13, 15, 16, 17. The quote was for $1500. A discussion occurred about the cost and how to recoup that if the HOA were to pay that. The board decided to send Morris a letter strongly urging him to clean his lots or the board will decide to move forward.

The board discussed the HOA water tank which has lost a significant amount of water over the last year. The board feels there is a leak somewhere. This is an issue that requires warm weather and will be revisited in the spring. Ralph being one of the original developers of the HOA spoke to Morris King another original developer about the installation of the tank. Morris volunteered to go to the new fire chief in Granby to get information and help from the Granby fire department on locating the leak, getting it repaired and getting the tank refilled. The board voted 4-0 to using Morris to help with this HOA issue.

The board reviewed the agenda for the annual meeting.

After the annual meeting the board me briefly again and decided Mike would write another letter to Brian Gleich about the existing foundation on his vacant lot. The board agreed to have our CPA, Michele, pay bills from now on instead of the treasurer, currently Ralph. Ralph agreed to ask the HOA attorney about the process for creating a trash enclosure and Marty agreed to look into permits and the procedure the HOA would need to go through to start the process of building a dumpster enclosure.

The board set April 11 at 10:00am as the next meeting.

P.O Box 1405 Grand Lake, CO 80447