Wyndham Club Board Meeting Minutes

January 21, 2008
Call to order: 7:20 PM.
Meeting adjourned: 8:32 AM.

Attendees:
Board of Directors Present: Sharon, Jason, John and Wally
Hillcrest Property Management Associates: Gayle Simon, Michael Yanoff
Homeowners in attendance: 5

1. Roll call
   • Sharon – President – Present
   • Jason – Treasurer – Present
   • John – Secretary – Present
   • Wally – Member at Large – Present
   • Derek – Member at Large – Not Present
2. Approval of the minutes from the November 19, 2008 meeting
   • Motion to approve: Sharon
   • Seconded by Jason
3. Approval of the financials as of December 2007
   •   $25,373.58 Operating Expense
   • $125,124.87 Reserve (American Chartered Bank)
   •   $10,074.03 Reserve (Barrington bank)
   • $160,572.48 Total Cash Assets
   • Motion to approve: by Jason
   • Seconded by Sharon
4. President’s Report
   • One building left to side and punch list items reman including a wall that was damaged by a car
5. Management Report
   • Proposal from Classic Lanscaping to prune shrubs and ornamentals: pending contract with new developer
   • Board will not bill PTDS for damaged doorbells
   • Board approve 9n-house painting of hallways
   • Board tentitively approved Sparks Electrical to install new intercom system - based on availability
   • Board approves looking into changing satellite companies
   • Board approved spending approx. $300 to replace damaged saw blades
6. Open Forum
   • Attending residents brought up standard maintenance issues
7. New Business
   • Board approves the formation of a landscaping committee coordinated by Gayle
   • Board approves changing of towing companies
   • Ongoing project list is read
8. Old Business
   • None
9. Adjournment: 8:30 PM
• Motion to approve: by Jason, Seconded by John