Date: May 18, 1996 Time: 11:00 A.M.

 Location: The Pavillion, Beach and Boat Dock Area,
Lakeshore Woods Subdivision

 1. The President, Guy L. Siebold, formally opened the meeting about 11:10 A.M.; his opening remarks included welcoming the Members in attendance to the seventh Annual Meeting and discussing the Agenda (copies distributed) for the meeting.

 2. For a quorum, 10% or more of the lots needed to be represented. Representatives were at the meeting from Lots 1, 2, 7, 8, 9, 27, 29, 34, 35, and 41, which accounted for 19.2% of the lots. Therefore, a quorum was present.

 3. For proof of notice of the meeting, the Secretary-Treasurer stated that he had sent notices in a timely manner to all Association Members at their address of record, following the
By-Laws. Neither Members in attendance nor Members not in attendance claimed any lack of proper notice. Therefore, it was determined proper notice was given.

 4. The President presented the Minutes for the previous (sixth) Annual Meeting of the Association, May 20, 1995. These Minutes were sent to all attendees of that sixth Annual Meeting and were available to Members at the current meeting for inspection. Reading of the Minutes was waived; they were unanimously accepted by the Members as written, without corrections or additions.

 5. Prior to the substantive portion of the meeting, the President introduced Mr. William (Bill) Plew [85 Grayland Drive, Mineral, VA 23117; 540-894-0224] of the Lake Anna Civic Association (LACA). Mr. Plew described LACA, its primary activities, and the benefits of belonging to LACA. He answered questions from Members and left copies of past newsletters and brochures for those who might want to join (copy attached).

 6. The Secretary-Treasurer, James A. Youngquist, presented his financial report, which was also in the form of a handout for distribution to the Members (copy attached). The report, being excellent and thorough as usual, was accepted as given; there was no discussion except for a clarification of the structure of the budget layout sheet.

 7. The President stated that three Members had applied for the three identical, three-year positions as Directors: Jerrel M. Daughtry, Guy L. Siebold, and James A. Youngquist. In discussion it was determined that each candidate had received several votes. Rather than appoint Tellers and count the votes from each ballot, since the net outcome would be obvious, the Members by unanimous
acclamation declared all three candidates elected as Directors of the Association for three-year terms. All had previously been found to be qualified for the office and willing to serve. The unopened ballots were kept by the Secretary-Treasurer for final disposition as specified in the By-Laws.

 8. The Vice President, Frank K. Dietrich, presented his report on the common areas. His current major effort has been to find out what we need to do to upgrade our roads, drainage ditches, and culverts to bring them up to state standards, regardless of whether we decide to turn them over to the state or not. He met with Mr. Mullins of the Virginia Department of Transportation (VDOT) to get Mr. Mullins' view of what we need to do. Frank provided a handout which lists Mr. Mullins' conclusions (copy attached). There was a general discussion of what we need to do and how to find a contractor to accomplish the road repair and drainage ditch improvements. Jerry Daughtry and Joe Wooldridge volunteered to help Frank get some estimates and proposals to bring before the Board for a decision. Jay Youngquist stated that he was concerned that there would not be a buffer zone of our land and the neighboring subdivision if the roads were turned over to the state. Without a buffer, the neighboring property owners might try to put a connecting road through to the cul de sac above our park area. [A post-meeting measurement by Jay Youngquist and Guy Siebold indicated that there appeared to be a few feet of our property beyond the normal state right of way so as to create a buffer between the state right of way and the neighboring subdivision.]

 9. Joe Wooldridge reported on his investigation into the installation of a dry fire hydrant at the boat dock area. He found that a dry hydrant would cost between $550 and $750, mostly for the materials. Right now there was a backlog in their installation so that one could not be installed until the fall at the earliest. Joe said that the fire department seemed to indicate that only one hydrant needed to be installed and that it should be by the boat dock area. Some Members reported that they were receiving an insurance discount if they lived within 100 feet of the lake. After a general discussion, all Members with homes agreed to ask their insurance agents about the cost impact of installing the dry hydrant as well as the impact if a new fire station was built along Route 652. Joe agreed to find out more details about where the hydrant could be installed precisely, what it would look like, and whether it might interfere with our use of the dock area. It was agreed that we should nevertheless get on the fire department's waiting list for the installation of a hydrant; we could cancel out if it seemed to be a problem. Motion 1 was properly made, seconded, and passed unanimously to have the President send a letter (which would be drafted initially by Joe Wooldridge) to the Mineral Volunteer Fire Department requesting that a hydrant by installed at Lakeshore Woods.

 10. The President asked that the service to the Association of the 1995-1996 Directors and Officers be recognized. He specially thanked Craig Leopard for his three years of service and Jerry Daughtry for consenting to serve as a new Director. A round of applause was given for all the past, continuing, and new Directors and Officers. The President reviewed the achievements over the last year and noted the main goals for the upcoming year, i.e., working on the roads and improving the park area.

11. The President asked if there were any additional business, questions, or comments. There were none. Upon motion, properly made, seconded, and passed unanimously, the Seventh Annual Meeting was adjourned at 12:15 P.M.

 
Motions

1. For: 7 Against: 0 Abstain: 0

 Members wishing their votes identified: None

 Move that the President sent a letter to the Mineral Volunteer Fire Department requesting that a dry fire hydrant be installed at the Lakeshore Woods Subdivision, the Association of which would pay for any required usual costs.