MEETING OF THE BOARD OF DIRECTORS OF
BRITTANY LAKES HOMEOWNERS ASSOCIATION, INC.
February 12, 2008
A meeting of the Board of Directors of Brittany Lakes Homeowners Association, Inc. (?Association?) was held on Tuesday, February 12, 2008 at 6:30 p.m. at the Magnolia Creek Clubhouse located at 4751 League City Parkway, League City, Texas 77573.
Linda Lorch, Eli Mark, Michelle Nickel, John Vance and Todd Edwards were present as the Board of Directors, which constituted a quorum of Board Members. Also in attendance was Janet Sakach, CMCA, PCAM representing Planned Community Management, Inc. (“PCMI”) and Jeff Adcock, an owner member. .
A quorum of Board of Directors was present and Eli Mark started the meeting and called the meeting to order at 6:40 p.m. until Linda Lorch arrived at 6:50 pm.
First, the Board reviewed the minutes from the January 17, 2008 Board meeting. A motion was made, second and carried. The motion was:
RESOLVED: to approve the minutes from Board meetings held on January 17, 2008.
Afterwards, the financial statement from the end of January 2008 were reviewed and discussed.
Then, the Board reviewed proposals for wind and hail insurance coverage. They requested PCMI to obtain an additional proposal from a local insurance agent and have the insurance broker which handles their other property insurance come to their next meeting.
Next, the Board discussed the installation of a shade structure at the pool area and building a pavilion in another area. PCMI was given details of what kind of structures they would like to install so proposals may be obtained.
Afterwards, the Board discussed the pool management contract for 2008. A motion was made, second and carried. The motion was:
RESOLVED: to approve the pool management contract with Gulf Coast Aquatics, Inc. in the amount of $29,882.00 starting on March 1, 2008.
Then, the Board reviewed the engagement letter from Kenneth Johse to complete the 2006 ? 2007 audit. After a motion was made, second and carried, it was:
RESOLVED: to approve the proposal engagement letter from Kenneth Johse in the amount of $2,700 and to also complete the tax returns for $300 each.
Next, the Board reviewed electric energy price options from First Choice Power, the present electric power provider. The Board requested that PCMI obtain additional proposals and information to be presented at the next meeting.
The next Board meeting was scheduled for either Thursday March 13 or March 27.
At 8:48 pm., the Board adjourned the regular session of the Board meeting and the Board went into Executive Session.
Upon the conclusion of the Executive session, the Board officially adjourned at 9:10 p.m.
BRITTANY LAKES HOMEOWNERS ASSOCIATION, INC.
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Michelle Nickel, Secretary