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RECORD OF PROCEEDINGS

BOARD OF DIRECTORS’ REGULAR MEETING
THE KNOLLS VILLAGE TOWNHOUSE ASSOCIATION


A regular meeting of the Knolls Village Townhouse Association was held on Tuesday, May 3, 2011 at the association clubhouse at 6:30 PM. Present were Directors Dick Campbell, Barbara Stokes, Peggy Donegan and Chris Foster; Committee Chairs Barbara Arnold and Ann Kingery; Pool Manager Jean Oatman; and Manager Warren Deutsch. Joan Rowe was present to record the proceedings. One homeowner was also present at the meeting.

A motion was made by Chris Foster and seconded by Barbara Stokes to accept the April, 2011 financial statements as presented. The motion was passed.

Peggy Donegan made a motion to approve the minutes of the April 4, 2011 board meeting as written. The motion was seconded by Chris Foster and was passed.

An e-mail report from Josh Lunde, Web-site Manager and Treasurer, stated that the domain name knollsvillage.org has been renewed, the March balance sheet, March minutes and May meeting agenda have been posted to the web-site.

The reserve fund balance is $490,476.00 and the painting
fund balance is $8,145.00. The next CD is due on June 30th.

Ann Kingery, Hospitality Committee, reported that the results of the resident survey showed that most homeowners are satisfied with the events usually held by the committee. A drop-in coffee will be held at the clubhouse on May 14th.

Ilena Lea, Clubhouse Committee, stated in an e-mail that there were 16 users of the clubhouse in
April. The committee feels that the carpet in the clubhouse needs to be cleaned, as well as, the
upholstery.

Dick Campbell stated that he has been in contact with homeowner, Marianne Mishoe to set up tennis tournaments and water aerobics for this summer.

Barbara Arnold, Architectural Control Committee, reported that the owners of the two garage roofs that were not in compliance have made the necessary corrections, or soon will. Some homeowners have expressed interest in having the concrete contractor do work for them. The painting project went well this year. In response to some requests, the Board decided that owners of ranch units with single gates can move the gates forward.

Warren Deutsch, Maintenance Manager, reported that the first spray application to pine and spruce trees has been completed. The concrete replacement project is scheduled to begin on May 9th and the asphalt paving will begin the following week. The University Towne Center has agreed to split the cost of replacing the fence along the south of the complex. The sidewalks are being surveyed for areas that will be considered for replacement. The water has been turned on and the irrigation system is being checked and repairs are being made.

Jean Oatman, Pool Manager, stated that the pool will open on Friday, May 27th. She is still looking for lounge chairs.

A list will be prepared of absentee owners and a check will be made of the files for rental agreements already submitted to the Association. The Board will renew its membership in CenCON (Centennial Council of Neighborhoods) and Barbara Stokes volunteered to be the Association representative. Residents will be asked to place photo cells on their front porch light to increase lighting in the area.

There being no further business, the meeting was adjourned.