MINUTES OF BOARD OF DIRECTORS MEETING
TIMACUAN COMMUNITY SERVICES ASSOCIATION, INC.
MARCH 24, 2008

The March 24, 2008 Board of Directors meeting of Timacuan Community Services Association was called to order at 9:05 PM by Mike Annichiarico and a quorum was established with Mike Annichiarico, Becky Kimmel, Karen Gudinas, Lance Williamson, Eric Cepull, Jack Hays, Ed Brame, Barbara Morris, and Robin Muzeka being present.  Anita Roberts represented the management company. 

The election of officers was held.  Karen Gudinas moved to elect Mike Annichiarico as President.  Robin Muzeka seconded the motion, which carried unanimously.  Becky Kimmel moved to nominate Eric Cepull as Vice President and Karen Gudinas seconded the motion.  Eric declined the nomination.  Karen Gudinas moved to nominate Lance Williamson as Vice President.  Mike Annichiarico seconded the motion which carried unanimously.  Eric Cepull moved to nominate Karen Gudinas as Secretary.  Jack Hays seconded the motion which carried unanimously.  Karen Gudinas moved to nominate Ed Brame as Treasurer.  Robin Muzeka seconded the motion which carried unanimously.  The slate of officers is as follows:

            President – Mike Annichiarico
            Vice President – Lance Williamson
            Secretary – Karen Gudinas
            Treasurer – Ed Brame
            Director – Becky Kimmel
            Director – Eric Cepull
            Director – Robin Muzeka
            Director – Jack Hays
            Director – Barbara Morris

Discussion was then held on the committees.

            ARB – Becky Kimmel, Jack Hays, Eric Cepull
            Landscape – Lance Williamson
            Community Activities – Robin Muzeka, Barbara Morris
            Covenants – Karen Gudinas

The minutes of the February 25, 2008 meeting were presented for review and approval.   Becky Kimmel moved to approve the minutes as presented.  Robin Muzeka seconded the motion which carried unanimously.

The financial statement for the period ending February 29, 2008 was presented by management.  Discussion was held on the income and expenses for the month.  Lance Williamson moved to approve the financial statement as presented.  Karen Gudinas seconded the motion which carried unanimously.

The management report was presented to the board.  The Uniform Business Report from the State of Florida was presented for signature.  The Colonial Bank signature card was presented the approved check signors.  The attorney representation form was presented for signature.  The proposal from Mike Masters was presented for the additional brick repairs. 

Mike Annichiarico gave the Presidents Report.  Mike and Karen met with the Lake Mary Prep School regarding the hedge between the properties and they will help with the trimming.  Mike also met with the City of Lake Mary regarding the preserve property at the end of Teton Street.

COMMITTEE REPORTS:

Architectural Review Board:  Becky Kimmel updated the board on the ARB activity for the month.

Landscape Committee:  Lance Williamson reported on the landscaping for the month.  The entryways and medians were landscaped at a cost of $13,000 during the month.

Community Activities:  Barbara Morris and Robin Muzeka will start planning for the garage sale.

Covenants:  Karen Gudinas reported on the violations in the community and noted several of the properties have complied with the covenant requests. 

Unfinished Business:  There was no unfinished business to discuss.

New Business:

The next meeting is scheduled for Monday, April 28, 2008 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 10:10 pm.

Respectfully Submitted,

Prepared by Management

For:  Karen Gudinas, Secretary