This was an abbreviated meeting to review and approve two time-sensitive matters. The usual full agenda with committee reports was suspended.
March 29, 2022, 2:30 p.m. — 3 p.m.
Call to Order
President Gerry Hatler called the meeting to order at 2:30 p.m.
Verification of Quorum
All Board members were present.
Old Business
Review and approval of HOA insurance policy proposal
Insurance Chair Susan Hamman outlined several changes in insurance this year. Some coverage was dropped, but replaced with other coverage that effectively met the same goals. The price as quoted was 10% higher, which was twice the increase expected and budgeted. The initial annual premium was estimated at $90,365, with a possibility of some minor increase before everything is finalized.
The Board unanimously accepted the proposal, and stipulated that Treasurer Betty Gwaltney would sign for the Board as the Board’s liaison for insurance.
Review and approval of landscaping contract
Vice President Shirley Legg gave a quick overview of the landscaping contract. Shirley sent out a very detailed outline of services required, and two companies returned bids. The Board, and other meeting participants, discussed the scope of the contract, the experience and resources of the two companies, and various concerns of Board members and owners. The Board unanimously approved the bid submission of Cutting Edge Landscaping.
Homeowner Comment Period
There were no additional homeowner comments.
Adjournment
The President adjourned the meeting at 2:53 p.m.