East Brookwood Water Association Meeting

3/3/04

 

Location:  Franks Pizza 7:00pm

 

Attending:       Tom Migliorino President

                        Chris Cartwright           Vice - President

                        Rich Stopa                   Treasurer

                        Chris Basile                  Corresponding Secretary  

                        Shawn Armstrong         Recording        Secretary

                        Pat Stevenson               (Absent)

                                   

                                               

Residence Attendees:  None

 

Call to Order: Meeting was called to order Tom Migliorino. 7:37 p.m.

 

Minutes  -  Shawn Armstrong read minutes from 2/2/03 Board meeting.

 

Acceptance on Minutes:  Tom made motion to accept and Chris C. seconded the motion for meeting notes 2/2/03. Tom signed the minutes and put in his files.

 

Treasure report – Provided by Rich Stopa

·        Bank CD’s Total = $46,071.79

·        Money Market = $13765.61

·        Cash on hand =   $409.37

·        Outstanding Balance Due = $4,602.91

·        Current Monthly Income received=$8,722.97

·        New Loan Checking Account = $1,245.54

·        2004 Interest To Date = $13.72(money market)

·        2003 Final CD Interest=$856.21

·        2003 Final Expenses to Date = $126,800.05

·        2004 Expenses to Date = $26,166.95

·        2003 Final System Upgrade Project Payment =$53,553.66

·        Income From Loan Requisitions = $54,438.00

·        Infrastructure Loan Balance = $ 1,069,562

·        2004 YTD Cash Collected  Year End 2003=$21,110.13

·        Byram Twp Trust Fund Account=$1,050.00

 

Acceptance of Treasurer Report: Chris C. made a motion to accept treasurer report, Tom seconded the motion

 

New Business:   

 

1)      Water usage back down.

2)      Trout Brook well to be tested.

3)      Rich made 4 trips to county clerk for release .

4)  Overdue letter sent out.

4)      Freidman paid small amount of what they owed. Shut off was brought up to vote and unanimously opposed. A policy for shut off cases is to be decided upon.   

5)      Turn on fee is questioned. $100 fee is approved.

6)      Chris C. set up new storage unit in Paramount storage and handed out keys and map to location. An additional fee of $26.90 due for mid-month start. Rich to pay.

7)      Tom to look into someone to set up new website.

 

8)      Chris C. feels we do not need website.

9)      Tom to look into getting an association credit card.

10)  We have a new resident, need to send welcome info.

11)  Randy Karl hasn’t paid since December. 

12)  Letter from state questioning how much we charge residents per month. Can’t put out bid until resolved.

13)  Fred Yorg said it will be resolved and bids will go out in 2 weeks.

14)  DEP says 2 houses have no main passing their house.

15)  Chris C. to pick up new sign for spring general meeting.

16)  Doors for well houses to be replaced or repaired.

17)  Need to set up date to move records to storage unit.

18)  Wildwood home still has to be hooked up. We still haven’t heard from them.

19)  Shawn to make up letter to residents.

20)  Next board meeting set up for Wednesday April 14th.

Roberts Rules were in effect during this meeting.

 

 

 President’s Signature X   ___________________________   Date _____________