LAKESHORE WOODS ASSOCIATION, INC.

MINUTES of the Thirteenth Annual Meeting

 

 

Date: May 25, 2002 Time: 11:05 A.M.

 

Location: The Pavilion, Beach and Boat Dock Area,

Lakeshore Woods Subdivision

 

 

1.  The President, Joe Wooldridge, formally opened the meeting about 11:10 A.M.; his opening remarks included welcoming the Members in attendance at the thirteenth Annual Meeting.

 

2.  For a quorum, 10% or more of the lots needed to be represented. Representatives were at the meeting from Lots 1, 2, 6, 7, 8, 9, 17, 19, 25, 26, 27, 29, 34, and 41, which accounted for 25% of the lots. Therefore, a quorum was present.

 

3.  For proof of notice of the meeting, the Secretary reported to the President 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 Annual Meeting of the Association, May 19, 2001. These Minutes were available to Members at the current meeting. Reading of the Minutes was waived, and they were unanimously accepted by the Members as written, without corrections or additions.

 

5.  James Hogan, the Treasurer, was absent, so the President presented the financial report. The financial report was also given as a handout to the Members. The report, being thorough as usual, was accepted as given.  Members were reminded that lot 44 is in bankruptcy.  Dues are in arrears for lots 49, 50, and 51.  The board will define a plan of action for lot 49.

 

6.  The President stated that three Members, Jerry Daughtry, Guy Siebold, and David Weisman, whose terms were expiring, had agreed to continue for three positions on the Board of Directors.  Since no other candidates had come forward, it was agreed to retain the three current board members for new 3-year terms.

 

7.        Old Business

-       The dock resurfacing is complete.

-       The dry hydrant is finally in place.  This cost approximately $700.

-          Sand for the common area has not yet been delivered.  Jay Youngquist will arrange for delivery as soon as possible.

-          Gerald Kilmer (Lake Anna Pier and Piling) has agreed to replace the missing dock pilings, but we don’t have an agreed date for the work.

-          The Porta Potty is back in place.

 

8.        The President opened the meeting to any comments or new business.

-          There are new signs to designate Park Run as private and to make clear that the Pavilion and boat ramp are strictly for use by home owners.

-          A problem was raised about the boat ramp.  With the very low water, the angle of the ramp makes it very difficult to use.  It was agreed that we would get estimates for: resurfacing the common area road inside the Park area, and for reworking the ramp to decrease the slope.

 

9.  The President asked if there were any additional business, questions, or comments. There were none. Upon motion, properly made, seconded, and passed unanimously, the tenth Annual Meeting was adjourned at 12:05 P.M.