November 6, 2007 Board Meeting

Pinnacle Gardens Board of Directors Meeting

November 6, 2007

The regular monthly meeting was held Tuesday, November 6. The meeting began with the presentations by two Insurance Agencies to propose their property coverage for condos. PG coverage is up for renewal in January. The first to present was the Agency handling our current coverage - Stan Logan with Logan Laval Hunt Insurance Agency. The second to present was Phillip Anderson Sterling G. Thompson Agency. The Board will study both proposals and make their decision at the December meeting.

The meeting was then called to order by the President, Ben. Board members in attendance were Peggy, Erin, Joe, Nancy, and Dan Ramp (Ky Realty). Guests present were unit owners Josh and Susan Kopecky.

The Secretary’s report had been distributed previously and the itemized Treasurer’s report was dispensed with in the essence of time.

Josh and Susan Kopecky were then introduced and were given the floor. Josh then discussed his concern with the allocation of maintenance fees and the upcoming fee increase. His very knowledgeable presentation and concern was then discussed in full along with the master deed and rules and regulations.

Erin made a motion and Joe seconded to shut down the current PG website until a new Webmaster can be found.
Motion passed. Ben will contact Sandy who was the webmaster until her resignation from the Board. Josh Kopecky will be approached to handle the website.

The Annual meeting will be scheduled for Tuesday, January 8, 2008, at 7:00 pm in the Grace Evangelical Baptist Church. Board members which need to be elected are Vice President, Treasurer, and a Member at Large.

Joe made the motion to remove the budget motion made at the October meeting off the table and complete the vote.
It was seconded and passed. The original motion was then read again - It was moved to base the monthly assessment/maintenance fees on percentage of ownership to meet the 2008 budget. Joe seconded and roll was called for the vote. All voted yes and the motion was passed.

It was moved to adjourn at 10:05 pm.

Secretary