Eagle Ranch Property Owners Association Special Board Meeting – February 20, 2009
Present – All Members
The meeting opened at 6:16 pm
1. The minutes of the previous meeting were read and approved, noting a minor correction to be made.
2. Cathi presented a treasurer’s report (copy attached). She spoke to a lawyer about monies owed to us. We will not be able collect any money from the two properties where the owners are bankrupt. She pointed that we still have about 20 properties, where the $100.- Special Assessment has not been paid yet. Based on financial problems of the owners, we may collect only about half of the remaining monies. We also need a new form for liens put on properties. Cathi will check around to see if there is a standard form that can be used for that.
3. Engineer from Greeley (Noah)
He talked to Alan for 50 minutes on the phone and gave him a lot of good information. After some discussion on what our bridges look like and what we need to have done, Tom O. made a motion that Noah should come down here and tell us how the bridges can be repaired. We also discussed the idea of having someone locally give us some ideas about what needs to be done to the bridges.
Alan will talk to Noah about how much time he needs to visit our bridges and how much it will cost for that visit. The motion was made again to have the engineer come out here. It was seconded and agreed upon by all members.
4. Annual Meeting Plans – to be tentatively held on June 13th or 20th. The American Legion Hall is not available in June. Cathi said that the main library is free, if we have the meeting open to the public, or $50.- for a private meeting. They can only accommodate 50 people. Tom A. entertained the idea of someone having the meeting on their property, and possibly renting a tent. Have people bring their own chairs, so we don’t have to rent them. The VFW in Pueblo West was mentioned by Tom O. as another possible meeting location. He and Horst will check that out next week. Tom A. then offered to have the meeting at his garage, where people would bring a dish to pass around, and their own chairs to sit on.
5. Special Assessment – passed last June at our annual meeting, for $100.-. If we require more money from the property owners, we need to have a good reason for it and show that we are making progress good use of the monies collected so far.
6. ERPOA mail box and website – Cathi still needs to have a mail box key made.
Cathi and Horst will get together after this meeting, to discuss the website logins and password.
7. Newsletter – Debby Graham will continue to write the newsletter. Tom O. mentioned that the newsletter is boring and should contain more information in it about our association.
The meeting was adjourned at 7:42 pm.Board of Directors
President Tom Ossner
Vice President Alan Lucas
Secretary Horst Armbrust
Treasurer Cathi Scriven
Member-at-Large Tom Atchley
ERPOA Treasurer’s Report
February 20, 2009
Cathi Scriven, Treasurer
Beginning Balance January 14, 2009
Pueblo Bank & Trust
Checking $ 9,584.18
Savings 26,518.24
Total $ 36,102.42
Income:
Dues $ 12,200.00
2008 Special assessment 700.00
Total Income $ 12,900.00
Expenses:
CO registration $ 10.00
Treasurer’s expenses 31.39
Attorney Consult 75.00
Total expenses $ 116.39
Ending Balance February 20, 2009
PB & T Checking $ 11,267.79
PB & T Savings 37,618.24
Total $ 48,886.03
$36,102.42 + $12,900.00 - $116.39 = $48,886.03