Chestnut on the Green – Phase I Quarterly Board Meeting – 11/08/04 Board Attendees: Kim Blaze, Jon Buralli, Walter Lis, Christine Dahl, Dave Hyland, James Novak Homeowners: Joan Dolan, Rick Dahl, Norma Evans, Bob Wasik, Bob Wagner, Mr. and Mrs. Mladenek Guest Speaker: Jeff Konopack Homework (Quality College Painters) Approved 10/11/04 Chestnut on the Green Board Meeting Minutes Treasurer’s Report Reviewed Chestnut on the Green account #50. Statement of Financial Position November 2004 Checking $3,586.00 Subtotal Savings $82,857.00 Total Assets Equity $82,857.00 Total Debt and Equity Statement of Income and Expense 2004 $67,756 Total Expense -$12,563 Net Income Reserve Fund Report 11/6/04 $79,270.94 Total Reserves Outstanding Deposits 11/5/04 Dues $1,568.00 Dues $1,568.00 Three homeowners were late with assessments this month. Plan: Dave Hyland will follow up with these homeowners and continue to provide the names of those late with monthly assessments at each board meeting. Late fees of $25.00 per month applied to each homeowner after the 10th of the month. Will send homeowner to collections if continuously late with assessments. Parking A winter parking ban will be effective starting December 1. No parking will be allowed near fire hydrants. Board members felt this worked well the previous year. Plan: Kim will post parking ban sign or send letter to alert homeowners. Enforce parking policy as needed. Holocek Landscaping/Snow Plowing Phase I is satisfied with the services of Holocek and will continue with them in the future. Board members and homeowners happy with the job done with pond (cattails and weeds all removed, aerator removed and stored for the season from both ponds). Agreed ponds were dry this year, affecting the water level. Phase II is dissatisfied with the services of Holocek. Plan: Will retain Holocek for the Master Association and Phase I. Will anticipate new plant growth around pond and make future plans for pond in Spring/Summer as needed. Gutter Cleaning Board members and homeowners in attendance were satisfied with gutter cleaning services done. The service also removed some of the abandoned bee and hornets nests. Plan: Gutter cleaning service will return later in the month to recheck gutters and finish job for winter. Exterior Painting Jeff Konopack, president of Homework (Quality College Painters) was present at the board meeting and discussed the services his company could provide. Jeff stated they would do homes one by one, power-washing and cleaning downspouts and gutters. Further stated they do extensive caulking to prevent moisture, which prevents paint failure. If they see any rust while painting (such as on nails, etc) they will sand off rust and apply a rust inhibitor prime. They will also wash off any mold on trim before applying paint (Mold usually starts in the North and spreads around the house). Suggested homeowners should do window cleaning after painting of their home is complete. Best time to do painting is in June, due to rain and project will take Homework a month. Jeff also stated he would place his strongest leaders in charge and supervise. Quotes given Bob Wasik, painter with Home Depot, said he could get 40-50 painters to paint our homes and would also like to place a bid on the painting project. Discussed rust from railings on Doral model homes. Rick and Christy Dahl researched and discovered railings were probably only factory primed if at all and this was causing extensive rusting onto cement porch. Rick and Christy sanded, primed and painted their exterior railings with rust proof primer and paint and will see how it holds up through spring. Will have the painter include railings in his quote or have it done separately in spring for each homeowner. A wire brush removes rust from cement and rod iron. Plan: Will acquire final quotes for painting project from Jeff, Bob and others and will decide who to hire for Spring/Summer 2005. Kim will f/u with Tru-Blue on 3-yr warranty. Exterior Light Fixtures James brought research/pictures to meeting on light fixtures. Exterior light fixtures discussed with homeowners and board members. Exterior lights are rusting and water leakage is occurring. There are 4 lights per home and discussed replacing all four lights in the front of homes. Board members agreed to pay for all four light fixtures and installation for each homeowner from the Phase I Account. Jon received a quote from an electrician (Eddie) to put in all 60 lights for $1800. Plan: James will order 4 fixtures from various stores and board members hold against home to determine best color/design in Dec. meeting. Lights Lights at entrance of Chestnut on the Green still not up. Com-ED is aware and stated will be done in a few weeks Plan: Will follow-up with Com-ED. Safety/ D&I Electronics Discussed Joan and James neighbor and the need for a phone connection to D&I Electronics and safety issues for neighbors. Discussed issues with D&I Electronics and the charging of homeowners for services. Should D&I be charging homeowners for maintenance of system? Board members do not feel they should be charging for routine maintenance. Dave will obtain a contract/service agreement from D/I Electronics. Plan: James will let us know if homeowner is connected to phone/D&I at next Board Meeting. Dave will bring info on D&I Electronics contract to next meeting. Directory Would like to create a business director for Homeowners so we can support each other. Plan: Board members will work on creating this directory. Next Board Meeting TBD