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RECORD OF MOTIONS AND POLICIES

THE KNOLLS VILLAGE TOWNHOUSE ASSOCIATION

June 1, 2010

A motion was made by Barbara Stokes and seconded by Martin Jepkes to transfer money from the painting fund to the reserve fund to repay a loan to the paint fund. The motion was passed.

Joe Johnston made a motion to contract with LaFarge North America for asphalt and concrete work for up to $60,000.00, including replacement of two asphalt driveways and some concrete projects. The motion was seconded by Martin Jepkes and was passed.

A motion was made by Martin Jepkes and seconded by Joe Johnston to reimburse a homeowner the requested amount for damages in the basement from a waterline. The motion was passed.