Yorktown North Maintenance Association

Minutes for October 16, 2008

Nov 16, 2008

Present: Charles Owen, Vicki Welch, Linda Duncan, Mark Osborn, Martin Rothman, Bob Davison, Donnie Faulkner, Billy Vincent, Murry Harral

The Treasurer's report shows we have a CD valued at $27,927.25, maturing 4/19/10, and a bank balance of $26,087.87 as of September 24, 2008. Marty moved, Bob seconded that the Treasurer's report and the minutes from September be approved; passed.

Old Business

No rip-rap yet around the lakes. MSD is taking bids on the project that involves spreading stone from the old water company building demolition.


New Business

Marty, Bob, and Vicki are up for re-election to another three-year term on the Board of Directors.

Megan Ball replaced Lee Ann Robbins with Fields, our accountant.

Annual meeting is to be Saturday, October 18, at 9:30 a.m. in the gym of Epiphany United Methodist. Vicki will bring to the meeting milk, orange juice, and doughnuts at 8:30 a.m.

Budget - Vicki shared budget information with Board members, including that she was able to move our CD into a 13-month short-term CD yielding 4.5%. Last year total revenue was $66,403. We ended the year ahead $4912, which was applied to the new CD. Donnie moved; Murry seconded approval of the 2009 budget; passed. Then Murry moved; Marty seconded that up to $5,000 excess funds will henceforth be moved into a CD at the end of each year there is a surplus.

Hotline - Linda needs to change the message back to a non-alert message.

Fence by Johns - A tree fell on our fence along the Johns property, breaking the boards. Mr. Johns was told he should repair the fence, but after one month, if it is not repaired, we will call Penrod and have them repair that 24-foot section.

The Directors' Christmas dinner will be at South Park Country Club on December 10.

Bob and Bill will collect bids on new signs and brackets and report back to us in January.

Streets need repaving - Vicki will check schedule for that to take place.

Our Resource Officer, Scott Sturgeon, suffered the loss of his house following a fire. He and his family were safe.

Adjourned - 8:40 p.m.
Next meeting - October 18 - Annual Meeting - Epiphany United Methodist Church, 9:30 a.m.,7032 Southside Drive.