LAKE MOOVALYA KEYS, INC.
Board of Directors
Regular Meeting
JANUARY 10, 2011

CALL TO ORDER
President Jack Sweeney called the regular meeting of the Lake Moovalya Keys Board of Directors to order at 6:00pm.

PRESENT
President:  Jack Sweeney
Vice President:  Chuck Baker
Secretary/Treasurer:  Laura Lancaster (Absent)
Board Members:  Blane Coon, Ryan Shubin, William “Squeak” Kossnar, Joe Price, Gary Svider and Chris Chambers
           
ABSENT
Board Members:  Rob Troxler & Laura Lancaster

OTHERS PRESENT
Guests:  Carla Faulkner (David Plunkett Realty), Christie May and Charlie Ward Lot 227, Terry and Cathy Jordon T&C Sealcoat and Donald Schlect LPCOSO
General Manager:  Cheryl Shockley
Legal Counsel:  John C. Churchill
           
INTRODUCTIONS

CALL TO THE PUBLIC
Terry & Cathy Jordon T&C Sealcoat.  Mr. Jordon told the Board that he and his wife were at the meeting to discuss the issues the Association was having concerning the crack preparation that they had done to the streets two years ago.  Mr. & Mrs. Jordon said that they were never advised of a problem occurring with the crack seal and if they had been they would have corrected it immediately.  Mr. Chambers said that he felt the debris in the cracks was not properly removed and that rolling a giant fan along over the cracks was not adequate to get the debris out and the rubber to fill the cracks.  Mr. Jordon said that they had done the job correctly and that most of the cracks in the streets are not big enough for the rubber to fill.  Ms. Shockley said that the Association had gotten an 20 year maintenance plan from Sunland Asphalt and they had reviewed the streets and stated that they were in good shape and only needed to be seal-coated every 3-4 years and that the streets should never have to have a slurry done to them if the maintenance of seal-coating was kept up.  Mr. Jordon said the reason the Associations streets were in such good shape is because of the 2 year maintenance.

The Board thanked Terry and Cathy for their continued good work to the streets and would discuss whether the streets needed to be seal-coated or just cracked filled this year after they receive a formal estimate.

MINUTES
Chuck Baker moved to approve the Minutes of the Regular Meeting of December 6, 2010.  The motion was seconded and carried unanimously.

Chuck Baker moved to approve the Executive Session Minutes of December 6, 2010.  The motion was seconded and carried unanimously.
 
FINANCIAL REPORTS
Chuck Baker made a motion to approve the December 2010 Bookkeeper’s Report, Prepaid Bills and Bills for Approval for December 2010.  Discussion:  Chuck asked about Marilyn Cooper witnessing Apache Loop.  Joe Price asked about the bank service charges and said that the Association should not be paying any fees and suggested Sue go to the bank and asked them to waive the fees, if not he said the Association should move the accounts to a bank that would not charge service fees. Gary Svider asked John about conflict of interest Willoughby/Spires.  Mr. Churchill said that it was not a conflict of interest because Mr. Willoughby was not involved.  The motion was seconded and carried unanimously.

Chuck Baker made a motion to approve the December 2010 Balance Sheet.  The motion was seconded and carried unanimously.

Chuck Baker made a motion to approve the December 2010 Profit and Loss Statement.  The motion was seconded and carried unanimously.

BOOKKEEPER REPORT

GENERAL MANAGER’S REPORT
Donald Schlect reported that there were 6 officers on duty for New Year’s weekend, 2 on each night.  Thursday was uneventful but the Apache people were not happy that they were there.  New Year’s there were two officers on duty until 3am after that apparently the homeowners came out did some damage to the street.  Blane Coon asked Mr. Schlect if now they understood the problem the Association was having with these few individuals on Apache Loop.  Mr. Schlect said that he did and that these homeowners called Sgt. Epps a nasty name and tried to say that Sgt. Epps had called them names, but when Epps called them on it they backed down.  Deputy Schlect said there was an incident on Moovalya Drive with fireworks but all in all it was quiet.

The Board adjourned to Executive Session at 6:04 to discuss further Security issues.

COMMITTEE REPORTS - None

OLD BUSINESS
Lot 220 (Rich Ferber’s Boat Rental Business) Conditional Conditions presented by Jack Sweeney.  The conditions were discussed by the Board and it was suggested that the conditions include “No lights on any type of advertising signs on the back of the building”.

Mr. Price said he felt that the homeowners across the canal be notified separately about the conditions and the vote that was to take place at the Annual Meeting.

The Board asked Mr. Churchill to review the conditions and make them presentable to go on the Annual Meeting Ballot.

NEW BUSINESS
Chris Chambers made a motion to nominate Christie May Ward to the Board of Directors.  The motion was seconded and carried unanimously.

Adjourn to Executive Session at 7:04pm

Actions Taken from Executive Session
Chris Chambers made a motion to increase security for the Association for 2011.  The motion was seconded with 8 in favor and 1 opposed vote.

ADJOURNMENT
The meeting adjourned at 7:20pm
Submitted by Recording Secretary, Cheryl Shockley