EL RANCHO FLORIDA HOMEOWNERS ASSOCIATION, INC.
REGULAR MEETING – JANUARY 8, 2008
A regular meeting of the El Rancho Florida Homeowners Association was held on January 8, 2008, 6:00 PM, at Rex Emenegger‘s house. Present at the meeting were:
Jack Wasserbach – President
Rex Emenegger – Vice President
David Shultz – Treasurer
Marsha Moreland was also present for the meeting. The meeting was called to order at 6:30 PM.
A motion was made, moved and passed to approve the minutes of November 13 and December 11, 2007 as submitted.
A motion was made, moved and passed to approve the payables submitted at this meeting.
BUDGET COMPARISON 2008:
Marsha reviewed with the Board the comparison of the 2007 and 2008 budgets. A discussion opened on what is a reasonable amount for reserves if a homeowner sued the Board. It was the general consensus that there should be $100,000 in a reserve and when that amount is reached over the upcoming years (10+) then the fees can drop back again.
ANNUAL MEETING PREPARATION:
In preparing for the annual meeting it was pointed out that below the signature line on the proxy form a line needs to be available for the homeowner’s physical address in the subdivision. The members up for election are Rex and Kate. Both agreed to do another term if elected. It was discussed to bring up doing a Clean Up Day again this year and the membership can make that decision at the Annual Meeting.
MESSAGES ON THE BILLINGS:
1. Put on the Metro. Billings a reminder of the Annual meeting date time and place where it will be held. Encourage all to attend.
GOESSEL VARIANCE REQUEST:
After a brief discussion it was agreed that Rex’s variance form looked fine except there needs to be a notary block by the signatures of the property owners (Goessel). It was agreed that Goessel may leave the 2nd dwelling they are renting only for a period of 3 years ending on February 1, 2011. At that time it may no longer be used as a rental and shall be removed from the property, attached to the existing home or be used exclusively for an outbuilding.
There being no further business the meeting adjourned at 7:30 PM.