HUNTER’S RUN CONDOMINIUM ASSOCIATION, INC.

BOARD OF DIRECTORS MEETING MINUTES

Wednesday, February 21, 2007

I. CALL TO ORDER

The January 2007 meeting of the Board of Directors of the Hunter’s Run Condominium Association, Inc. was held on the evening of February 21, 2007 at the Ross University Hills Library, 4310 E. Amherst Avenue, Denver, Colorado 80222.  The meeting was called to order at 6:35 p.m. by President, Mark Overton.  Board Members present: Mary Ann Kill, Mark Overton, Bonnie Ra, Bob Swedberg and Michael Whalen. Absent, Greg Chavez and Michael Westcott. Representing management: Kim Maguire with Premier Property Management, LLC.  No Homeowners were in attendance.  

II. REVIEW AND APPROVAL OF MINUTES

The minutes from the November 20, 2006 meeting were reviewed by the Board.  Mr. Swedberg motioned to accept the minutes as written. Seconded by Ms. Kill.  The Board with unanimously approved the motion.

III. MANAGERS REPORT

                  a.            Ms. Maguire presented month ending January 31, 2007 financials and final financials for year ending 2006. Ms. Maguire indicated that there were two CD that mature in March 2007.  Ms. Ra motioned that the Board give Ms. Maguire approval to renew both CD’s for a one year term at the best rate Ms. Maguire can find. Mr. Whalen seconded the motion.  Motion passed unanimously.  Mr. Swedberg motioned to accept the financial statements as of and for the period ending January 31, 2007 as presented. Ms. Kill seconded the motion and the Board, unanimously approved the motion. 

                  b.            Ms. Maguire reviewed the delinquent summary of homeowners.  There are a few homes in foreclosure.

                  c.             Ms. Maguire updated the Board on the water pipe bust at F303.  It was agreed that the owner be respsible for the $2500.00 insurance deductible and that the Insurance Company should subrogate against the owner of the unit due to the negligence of not having heat in the unit.

                  d.             Repairs were discussed regarding a unit in Building H.  No repairs will be made until the owner pays her HOA dues.  Management also indicated the owner is housing two dogs, which is not allowed.

IV. OLD BUSINESS

There was no Old Business to discuss.

V. NEW BUSINESS

The Pool Maintenance Contract was reviewed.  Ms. Ra motioned to accept the contract with interest in keeping the pool open for extended days.  Ms. Kill seconded the motion.

Motion passed unanimously.

The Swingle Tree Contract was reviewed for treating and inspection. Ms. Swedberg motioned to accept the contract. Seconded by Ms. Ra. 

Motion passed unanimously.

The bridge by the pool needs to be replaced.  Ms. Maguire will work with Mr. Whalen for planning and completion.

Ms. Kill motioned to accept Beichle and Associates to complete the 2006 Audit for the Association. Seconded by Ms. Ra. Motion passed unanimously. Discussion was had regarding future Board Meetings conducted by conference calling. The Board decided not to conduct meetings in that matter at this time. Ms. Ra motioned for the approval of the purchase of a snow blower for the association. Seconded by Ms. Kill. Motion passed unanimously.

VI. CORRESPONDENCE

A complaint was received regarding two dogs in one unit.  A violation letter was written to the owner and the owner will be placing her unit on the market for sale.

Various issues were brought up in a letter from a homeowner in Building B.  These issues
will be addressed.

VII. ADJOURNMENT

Ms. Kill made a motion to adjourn the monthly meeting at 7:30 p.m.  Ms. Ra seconded the motion.  Motion passed unanimously.   

The next Board Meeting will be scheduled in April 16, 2007.  The meeting will be held at

6:30 p.m. at the Ross University Hills Library.

Respectfully submitted,

Kim Maguire

Kim Maguire, Community Manager