East Brookwood Water Association Meeting
5/7/03
Location: Franks Pizza 7:00pm
Attending: Tom Migliorino President
Bob Moschella Vice – President (left to fight a fire)
Rich Stopa Treasurer
Chris Cartwright Recording Secretary
Chris Basile Corresponding Secretary
Pat Stevenson
Jeff Klienschmidt
Residence Attendees: 0
Call to Order: Meeting was called to order Bob Moschella 7:12pm.
Minutes – Chris Cartwright read minutes from 4/15/03 Board meeting.
Acceptance on Minutes: Rich made motion to accept and Bob seconded the motion for meeting notes 3/25/03. Tom signed the minutes and put in his files.
Treasure report – Provided by Rich Stopa
· Bank CD’s Total = $46,071.79
· Money Market = $10,966.40
· Cash on hand = $2,412.07
· Outstanding Balance Due = $ 9,241.82
· Current Monthly Income Received = $ 3,406.87
· New Loan Checking Account = $ 763.90
· 2003 Interest To Date = $53.33
· 2003 CD Interest = $461.22
· 2003 Expenses to Date = $57,900.05
· System Upgrade Project Payment =$43,107.52
· Income From Loan Requisitions = $54,438.00
· Infrastructure Loan Balance = $ 1,069,562
· YTD Cash Collected as of 5/7/03 = $44,105.60
Old Business:
o Lien Update - 3 White Birch lien (corrected from Wildwood). Paperwork Record and Return has not come back.
o Jeff has paperwork for 1096 form for the board to fill out so contractors can get paid.
· New billing policy was corrected and distributed to board members. Jeff will adjust and add lien and termination nomenclature.
o Meeting with attorney to discuss application membership last seven homes and two commercial properties. Lawyer meeting will be scheduled for 5/29/03 at 8:00pm. Lori Baldwin manager of Building blocks learning center was communicated in person by Tom. Tom gave letter to Rich to deliver to PNC Bank for notification of meeting.
o Repair costs $1,403.74 for 2” line under below of tank – Andover Pump Company did repair. Tom needs to call Bob Mooney to discuss labor charges. Tom called Bob on 4/21, 4/22 Bob called back, 5/1 Tom left message.
- Chris Cartwright made a motion to pay bill less $200 Tom Seconded to motion. Rich will write a memo attached to payment.
o Rich talked to Jack Shar on 5/7 and still in DEP. 4-6 weeks is now needed for DEP approval for the bid package.
o Stires residence has made payment of $250 plus weekly payments of $50 with several post dated checks.
New Business:
· Bill from Bob Grodeska for fees and licenses upgrades. Consumer confidence report must be delivered to homeowners by June 1st.
· Lawyers requesting enforcement of new Bylaws wording “to receive water you must be a member”.
· Byram Motel has requested to join water association, board declined to have them join.
· Clean Community dumpster program was decided to move to the fall.
Meeting was adjourned at 9:10 pm by Chris B and seconded by Rich Stopa.
.
Roberts Rules were in effect during this meeting.