Minutes - May 12, 2009 Meeting

HOA BOARD MEETING
12 May 2009 @ 7:00pm
Those in Attendance: Jen Dicou, Ed Takacs, Matt Steel, Brady Frost

AGENDA TOPICS:
-Lexington Park Sign vs. $750 start up cash: Keep it the way it is and when we get enough
funds to change it later, down the road.
-Placed to a voted by board members-Matt, Ed, and Brady were in favor of receiving the start
up money, and readdressing fixing the Lexington Park Sign at a later date if necessary.
-Management:
--Forever Real Estate Inc. (Troy Green)
---Met with Forever last Friday: $2.50 per house, per month. Insurance about
$100.00 per month. [Snow removal is case by case. (Is there a cap on the cost?)]
--FCS Community Management: Pretty much the same but they also offer on-line bill
paying.
-Placed to a voted by board members-Matt, Ed, and Brady were in favor of Forever real Estate
Inc. to manage our community.

Common Area:-Landscape:
--There are sections that look good, but most looks bad. Take pictures on the 15 May 09.
--Water:
---More info on water line problem and Davis County Water. Looking into it.
--Electrical:
---Get with Clinton City about the common area.
-Fees/Assessments:
--When to Start - June 2009
--Propose how much to charge:
---Yearly - $60.00, Quartly - $17.50, Monthly - $6.00
--Estament of Bills to be paid:
---Water: $.55 per house, per month
---Insurance: $.60 per house, per month
---Management: $2.50 per house, per month
---Landscaping bids to come, still looking for better options - estimate $1.50 per house, per month

CC&Rs/By Laws:
-Working on Propose CC&R’s.
--Working on aligning with Clinton City Ordinance.

Next HOA Board Meeting:-To be determend

ASSIGNMENTS:
-Jen talk to Chris about the elec./lights for the sign.
-Jen send E-mail to Chris about replacing grass.
-Jen and Mike get with Froerer. (about getting started, our first letter)
-Brady send E-mail/letter to Chris to get elec. Problem fixed.
-Brady will take pictures or grass in common area no later than 15 May 2009.
-Matt get with Davis Water about billing and usage.

CLOSED: 9:45pm