East Brookwood Water Association Meeting

5/5/04

Location: Franks Pizza 7:00pm

Attending: Tom Migliorino President

Chris Cartwright Vice - President

Rich Stopa Treasurer

Pat Stevenson Corresponding Secretary

Shawn Armstrong Recording Secretary

Residence Attendees: None

Call to Order: Meeting was called to order Tom Migliorino. 7:20 p.m.

Minutes - Shawn Armstrong read minutes from 4/13/04 Board meeting.

Acceptance on Minutes: Rich made motion to accept and Tom seconded the motion for meeting notes 4/13/04. Tom signed the minutes and put in his files.

Treasure report – Provided by Rich Stopa

· Bank CD’s Total = $46,071.79

· Money Market = $26,657.57

· Cash on hand = $409.37

· Outstanding Balance Due = $8,921.57

· Current Monthly Income received=$4,848.08

· 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 =$36,256.25

· Byram Twp Trust Fund Account=$1,050.00

Acceptance of Treasurer Report: Treasurer’s report was not read. A Report was not given to Shawn, so the above amounts are as of the meeting on 3/3/04.

New Business:

1) Friedman will be shut of on 5/6.

2) Dennis McCrory to do website.

3) Email-Received an email from the Southards. Would like to help with clean up.

4) The remaining holdouts will receive a letter. Tom will talk to the lawyers as to the wording.

4) Pat to do a spring newsletter. Things to put in the newsletter: Volunteers for clean up, Halloween parade, elections, ice skating rink, exterior maintenance of wells, construction update.

5) Mrs. Erb has requested that we inform residents to be careful filling gas in mowers. She feels it will get into our water system.

6) New house needs 60 feet of new pipe. Any expenses to be picked up by resident.

7) We have a leaky valve on the 70,000 gallon tank. It is coming from a 2 ½” valve. The threads are messed up.

8) The Olivas are have paid.

9) Tom to talk to someone associated with Fred Yeorg concerning new piping to houses and other plumbing need to be done.

10) Fred Yeorg owed $24,963.12 as of April. To be paid at start of project.

11) Tom concerned with miscellaneous expenses.

12) Taxes completed. A penalty was paid due to the taxes being late.

13) State is in need of our well permit number for diversion permit.

14) Chris to pick up stamp for return address.

15) Use of plastic piping brought up. Board split.

16) Letter to be sent to Jim Ryan, Mark Smith, Ray Bartek and Charlie Kranz concerning old records.

Roberts Rules were in effect during this meeting.

President’s Signature X ___________________________ Date _____________