18:03 Start Time
19:45 Endex
Attendance:
Mark Denker
Jeff Tanner (Phone Call In)
Doug Bubela
Liz Neighbor
Donald Young
Alisa Herridge (Called in)
A motion was made by Liz and seconded by Doug and the board took a vote to become an HOA instead of a Civic Organization. Unanimous vote 5/0 and Alisa agreed when she called in a few minutes later, going 6/0.
Mark asked if we could get a quote from Fowler law firm for his services. Doug responded it was a verbal 2700.00 to get the association into compliance as an HOA. (Later in the meeting mut was decided to meet with Fowler to discuss with us the differences between a HOA and Civic Org. especially concerning tax purposes.
Alisa sent a text: Doug read it off.
Jeff suggested we start meeting at the library for free when we can in the future. Jeff agreed to investigate the schedule. Then book meetings for the board at a monthly frequency. Jeff raised a motion to discuss deed restrictions. This was seconded by all members present. Liz to send out the redacted draft by Fowler of the deed restrictions from 2014. Jeff said he
would send out the list of what was redacted. The board will review copies, make comments and reconvening meeting up on Friday 17:00 time frame to discuss. It was discussed how we would discuss with Fowler if we were a HOA, Civic Org. and what that entails and how to disclose to residents. It was discussed how to address Glen Hotchkiss letter from Ross & Mathews Law Firm. As to the RFI for financials, the letter is not specific. Balance sheets, GL, and Annual Income Statements for the last 7 years. This will be done through making digital copies at a professional copy service and sent to Glen with a bill to cover the costs per LLCO documents concerning providing copies. As to Glen’s ask for deed restrictions and bylaws. Those are on record at the Montgomery County Clerks office.
About disclosure to Glen if LLCO is a Civic Org. or a POA. This was tabled until we see Bryan Fowler. We will seek council on how to proceed.
Doug to schedule meeting with Bryan Fowler for the Board of LLCO as voted unanimously to discuss path forward with the Civic Org. Cost is 300.00 USD per hour. Dour will try to get Fowler’s schedule to book the meeting.
No further entries.