Minutes March 4, 2003

BOARD OF DIRECTORS’ REGULAR MEETING
THE KNOLLS VILLAGE TOWNHOUSE ASSOCIATION

A regular meeting of The Knolls Village Townhouse Association was held on Tuesday, March 4, 2003 at the association clubhouse at 7:00 PM. Present were directors Bob Evans, Don Rothschild, Mary Berlin, Lorraine Black and Jack Buckwalter; committee chair Don Boyson; and Manager Warren Deutsch. Joan Rowe was present to record the proceedings. Also present was homeowner Jordan Orleans. Director Susan Johnson was excused from this meeting and Steve Pirazzi has resigned from the Board.

The Board decided that, although it is not required, the excess income for 2002 should be transferred in to the reserve account in an amount up to $36,000.00.

The Finance Committee will meet on March 24, 2003 at 7:00 PM to review the reserve study and start preparation for a five-year budget plan.

A motion was made by Don Rothschild and seconded by Lorraine Black to pay the association bills. The motion was passed.

 A motion was made by Don Rothschild and seconded by Lorraine Black to accept the financial statements as presented. The motion was passed.

Lorraine Black made a motion to approve the minutes of the February 4, 2003, as written. Mary Berlin seconded the motion and it was passed.

Don Boyson, Architectural Control Committee, stated that area 5 still needs a new walker. The committee recommends that the Board transfer the votes for the covenant changes pertaining to Article IX to the “revised” version, that painting be done on a six-year cycle, with approximately 60 units per cycle and that all original garage doors be replaced at a time to coincide with the painting cycle. Don also requested that quality control for contractors doing single-source painting be handled by the Architectural Control Committee.

Jack Buckwalter made a motion that the Board approve the landscape contract with American Civil Constructors for a projected amount of $78,610.00. The motion was seconded by Don Rothschild and was passed.

Warren Deutsch reported that the upper tennis courts have been removed including the fence and the asphalt surface. A plan for re-landscaping the area was also submitted by Warren. The lighting project is continuing. The air conditioning improvement project for the clubhouse will be addressed soon.

The Board will consider a replacement for Steve Pirazzi. Homeowner Jordan Orleans was asked if he would consider the position. Jordan stated that he was present at the meeting to thank the Board for their efforts regarding the financial position of the Association, removal of the upper tennis courts, help with troublesome neighbors and for the efforts to amend the covenants. He stated he would think about the offer of the Board to replace Steve Pirazzi.

Jack Buckwalter will work on the Association’s web-site. The Board will sort and clean out Association records and files this Spring. South Suburban’s request to publish information in the Association’s newsletter was turned down.

The Board will consider fines for buildings with excess water usage by passing on drought surcharges.

The Board will review both versions of the amendments to the covenants. The “revised” versions of the changes must be also reviewed by the attorney and the process of approval would have to begin again.

There being no further business, the meeting was adjourned.