MINUTES OF BOARD OF DIRECTORS MEETING

TIMACUAN COMMUNITY SERVICES ASSOCIATION, INC.

APRIL 23, 2007

The April 23, 2007 Board of Directors meeting of Timacuan Community Services Association was called to order at 7:07 PM by Mike Bono and a quorum was established with Mike Bono, Becky Kimmel, Lynell Hamilton, Susan Binford, Karen Gudinas, Lance Williamson, Eric Cepull, and Mike Annichiarico being present.  Anita Roberts represented the management company. 

The minutes of the February 23, 2007 and March 19, 2007 meeting were presented to the board for review.  Upon a motion by Becky Kimmel, seconded by Karen Gudinas, the minutes were approved as presented.  The motion carried unanimously by the board.

There was no Public Forum as no homeowners were in attendance.

Rak Sharma of EPM Services attended the meeting to give the board an update on EPM Services.  The Board thanked Mr. Sharma for attending the meeting with the updated information.

Lynell Hamilton presented the financial statement for the period ending March 31, 2007.  Discussion was held on the accounts receivable list and one commercial property has not paid the annual assessments to Timacuan.  The board requested management contact the property to insure the invoice is being forwarded to the owner.  Lynell also reported Florida Power and Light has re-read the Arrowmount meter as the bill was high.  A credit was issued to the account.

Discussion was then held on the Year End Financial as prepared by Joe Michalak, CPA.  The board held discussion on the amount in the Reserve and Operating Bank accounts and CD options for the funds.  Lynell will look at options for an investment account and advise the board.  Mike Annichiarico moved to transfer $28,020 from the operating account into a reserve account.  Lynell Hamilton seconded the motion, which carried unanimously.

Anita Roberts presented the management report which was provided to the board prior to the meeting. Premier Roof Cleaning is scheduled for the cleaning of the sidewalks and brick wall in early May.  The board term expiration calendar was handed out to the board members.  Discussion was held on the vacancy by Erin O’Donnell and Shirley Geiss has expressed interest in being on the board.  Karen Gudinas moved to nominate Shirley Geiss to the board to fill the vacancy by Erin.  Susan Binford seconded the motion which carried unanimously.  Discussion was held on adding a bench to the Musago Run pond and Karen Gudinas moved to purchase a bench for the pond.  Lynell Hamilton seconded the motion, which carried unanimously.  Lance Williamson will purchase a bench.  Discussion was held on the placement of the boulders in the roundabout.  The city has requested the association provide a hold harmless agreement.  The board requested management obtain a legal opinion on the hold harmless agreement.  A rental database has been established and management forwarded letters requesting information on the non-resident properties.  Discussion was held on the re-bricking of the mailboxes and a design for the brick enclosures was presented.  The board held discussion on the design and requested the mason move forward with the re-bricking. 

Mike Bono gave the President’s Report.  A survey from the Timacuan Golf Club was inserted in the newsletter and there was some response.  New membership programs are being implemented for Timacuan residents.  The golf club will be sending a special mailer to all residents in the community in the coming months.  Discussion was then held on the entrance signage and the golf club has agreed to pay to add “A Golf Community” under the Timacuan sign.  A secondary sign will be added further in the community indicating the way to the clubhouse.

COMMITTEE REPORTS:

Architectural Review Board:  Mike Annichiarico reported on the ARB Applications submitted during the month.   

Covenants:  Karen Gudinas reported on the covenant issues.  Seven properties are listed as foreclosures in the community and are being monitored.  Discussion was held on a parking issue with one property and Karen Gudinas requested the matter be turned over to the association’s attorney for enforcement.  Becky Kimmel seconded the motion, which carried unanimously by the board.  Discussion was held on another property and Karen noted Code Enforcement has become involved with the situation and is monitoring the property.

Landscape Committee:  Lance Williamson reported on the landscaping for the community.  The trees on Mohegan will be trimmed by Nanak’s.  A drive through was conducted with John Thrasher of Nanak’s, Mike Bono, and management to review the mowing areas. Nanak’s has also been requested to clean the shrub area at Summerlin near the back gate and to pick up the trash around the retention areas.

Unfinished Business:

Mike Bono reported the Garage Sale had about 30 participants. 

Discussion was held on adding reflectors to the back gate.  Eric Cepull suggested a reflective tape and will provide information to Lance Williamson.

Mike Bono requested management follow up with the city for a drawing of the electrical lines in the roundabout.

New Business: 

The next meeting is scheduled for Monday, May 21, 2007 at 7:00 pm.

There being no further business to discuss, a motion was made and duly carried to adjourn the meeting.  The meeting adjourned at 8:55 pm.

Respectfully Submitted,

Prepared by Management

For:  Karen Gudinas, Secretary