SKI WATCH ESTATES HOMEOWNERS ASSOCIATION

Annual Meeting Minutes – 5 December 2009

Meeting called to order approximately 10:15

Present (16 lots):

Bill Baggett, Charlie Bockwith, Ben Bowen, Phil Gallmeier, Jeff Harber (4 lots), Frank Harwood, Jim Harwood, Tom Johnson, Kay Kelly, Chuck McCall, Shawn McCann, George Pichel, Mike Trabold

Proxies (11 lots):

Roger Becker, Dick Green, Tricia Harwood, Steve Jones, David Kaldor, Nick Marcanio, John Mazieken, John Melker, Chad Rauls, ,John Shay, Dan White

Quorum:

A 30% representation of lot owners was required for this meeting. The quorum was met with 27 lots represented which was 65%.

Agenda:

· Election of executive officers and board members for 2010,

· 2010 budget and HOA dues,

· Committee to develop proposals for Lake Improvement and use of Lake Improvement fund

Election of Executive Officers and Board Members for 2010

By unanimous vote the following HOA members were elected to be Board members for 2010:

Ben Bowen, Phil Gallmeier, Jeff Harber, Jim Harwood, Tom Johnson, Sandi Lang, Shawn McCann, George Pichel, Morris Ross, Mike Trabold,

By unanimous vote the following persons were elected to serve as executive officers:

President: Shawn McCann

Vice President: Mike Trabold

Treasurer: Sandi Lang

Secretary: Phil Gallmeier

Approval of 2010 Budget and HOA Dues

Jim Harwood presented his bid for mowing and landscaping. The bid was $525 higher than last year. As required by the covenants a competitive bid for grounds maintenance will be solicited. Jeff Harber agreed to acquire the competitive bid. If the resulting bid is still higher than last year’s expense part or all of approximately $700 surplus from 2009 budget will be used to cover the additional expense. The proposal to use the carry over funds to fund any extra expense for mowing and landscaping was passed by unanimous vote.

By unanimous vote the 2010 budget was passed which equates to dues of $650 per lot for 2010. This amount include $35 for required membership in USA Waterski.

Committee to develop proposals for Lake Improvement and use of Lake Improvement fund

The following people were appointed to the subject committee who’s charter is to develop proposal(s) on how improve the Lakes at Skiwatch.

Phil Gallmeier, Frank Harwood, Tom Johnson, Shawn McCann, George Pichel, Morris Ross

It is the intent for the committee to meet after the regular HOA meetings during 2010. It is also the intent to get input from as many of the members of the HOA as possible as to how they would like to see the lakes improved. Frank Harwood was asked if he would set up a blog to gather these inputs.

Adjourn:

Motion to adjourn passed unanimously.

Meeting adjourned approximately 10:45am

Phil Gallmeier, Secretary