HUNTER’S RUN CONDOMINIUM ASSOCIATION, INC.

BOARD OF DIRECTORS MEETING MINUTES

Monday, June 4, 2007

I. CALL TO ORDER

The June 2007 meeting of the Board of Directors of the Hunter’s Run Condominium Association, Inc. was held on the evening of June 4, 2007 at the Ross University Hills Library, 4310 E. Amherst Avenue, Denver, Colorado 80222.  The meeting was called to order at 6:30 p.m. by President, Mark Overton.  Board Members present: Mark Overton, Greg Chavez, Mary Ann Kill, Bob Swedberg, and Michael Whalen. Absent, Mike Westcott and Bonnie Ra. Representing management: Kim Maguire with Premier Property Management, LLC.  No Homeowners were in attendance.

II. PRESENTATION FROM CHIEF RHODES

Chief Rhodes from the Cunningham Fire Department was in attendance this year on his annual visit with the Board of Directors.  Key items discussed; three new fire fighters hired, no bond issues forseen in the next two years.  Wabash Bridge still under construction, possible completetion Spring of 2008.

III. REVIEW AND APPROVAL OF MINUTES

The minutes from the April 16, 2007 meeting were reviewed by the Board.  Ms. Kill motioned to accept the minutes as written. Seconded by Mr. Swedberg.  The Board unanimously approved the motion.

IV. MANAGERS REPORT

a. Ms. Maguire presented month ending May 31, 2007 financials. It was noted that the bank statements have not been receieved yet and will be emailed to the Board and posted once reconciled.

b. Several homeowners were delinquent and late fees have been applied and statements mailed out. 

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

d. Mr. Swedberg motioned Ms. Maguire to re-invest in two CD’s for one year term. Mr. Whalen seconded the motion.  Motion passed unamiously.

e. Ms. Maguire requested a Reserve Study update.  The current Study was updated in 2002. Ms. Kill motioned to update the Study, Mr. Chavez seconded the motion. Motion passed unamiously.

f. Ms. Maguire asked for approval to replace pool tiles that had fallen off from the winter months.  Mr. Chavez motioned to approve replacement, seconded by Mr. Whalen. Motion passed unamiously.

V. OLD BUSINESS

The concrete bridge has been installed by the pool by Colorado Hardscapes.

VI. NEW BUSINESS

Seal coat and lot striping is being completed this week.  Notices were posted at the Cabana two weeks in advance, along with notices posted on all 270 units.

Rain has seeped under the liner by Building M.  Ali is currently repairing at this time.

Ms. Maguire presented the renewal policy for the Hunters Run Insurnace Policy. Mr.

Whalen motioned to approve the renewal, seconded by Mr. Swedberg.  Ms. Kill motioned to decline the Terrorism Policy, seconded by Mr. Whalen.

VII. CORRESPONDENCE

Ms. Rogers attended the meeting regarding noise complaints coming from Unit B306.  It was communicated that the Tenants are moving out in 30 to 60 days.  Ms. Rogers asked that the current owner be supplied with her email address so she may address any further noise issues directly to the owner.

VIII. ADJOURNMENT

Mr. Chavez made a motion to adjourn the monthly meeting at 7:40 p.m.  Mr. Whalen seconded the motion.  Motion passed unanimously.  

The next Board Meeting will be scheduled in August 20, 2007.  The meeting will be held at 6:00 p.m. at the Ross University Hills Library.

The Board then went into Executive Session to discuss a Client/Attorney issue.

Respectfully submitted,

Kim Maguire

Kim Maguire, Community Manager