Meeting held on April 14, 2015 via conference call.
Attending were Directors Amy Clark, Vince Tally and Joe B. Duckworth. Also attending was Ms. Kitty Streit, Property Manager for Duckworth-Morris Realty Co, Inc., managers of the Association.
Mr. Duckworth asked Ms. Streit to go over the budget for last year and the proposed budget for the coming year. Ms. Streit stated that actual expenditures were slightly less than budgeted and she was recommending the Board budget the same as last year of $36,949.00. This would mean the monthly fee would not change. After some discussion a motion was made, seconded and unanimously adopted to keep the fee the same for the coming year. She also reported that the Association had approximately $10,500 in Reserve savings.
In other business Ms. Streit said a Board member was needed to fill a three year term as Mrs. Amy Clark would have one year remaining and Mr. Vince Tally two years. The Board, which acts as the nominating committee, asked Mr. Duckworth, if elected at the annual meeting, would he serve for three more years. He said he would.
Mr. Duckworth said that Duckworth-Morris is in the process of putting information about Northwood Gardens on its website Duckworth.com that will provide such things as Restrictive Covenants, Association By-Laws, Minutes of meetings, etc. If owners will click on the Associations’ tab and then the Northwood Gardens tab and go to Mailing List on the website and provide their e-mail address they will be able to received instant notification by return e-mail of new postings about Northwood Gardens.
There being no further business, the meeting was adjourned.
Signed Joe B. Duckworth, Director.
You can see a PDF copy of the unsigned minutes here.