Oaks of Avent Ferry Condominium Board of Directors Meeting
April 7, 2003 at 6:00 p.m.

Board Members present: Frank Johnson, Barbara Dodson, Bill Loftin, Bonnie Latham.
The meeting was called to order at 6:00.

Executive Session:
Approved Jan. Meeting Minutes.

Manager's Report - J. Black
1.Drainage problem at 4108 to be accomplished in the upcoming month. Funds approved in 2004 budget.
2.Gutters at 4283-91 completed. Cost: $973.

3.Management will report building recommendations for siding and paint at May meeting.

Treasurers Report – B. Loftin
1.B. Loftin moved to relocate 7 mo. CD from RBC to North State Bank to obtain 2.1% interest. Second, F. Johnson. Motion approved.
2.B. Loftin moved to begin collections action against homeowners with $300 or more past due assessments. Second, B. Loftin. Motion approved.
3.Board approved recommendation to have 2003 audit performed by Scott, Grady CPA.


Committee Reports –
1.Architecture Committee -
a.Approved 4285 request to improve front deck.
b.Disapproved 4263 request to enclose back deck. Homeowner appealed decision to the Board. B. Latham motioned to approve request. Second, B. Loftin. Motion failed.
2.Newsletter -
a.Board request to include appeal to homeowner for vote in by-law amendments and notice of board vacancy.
3.Grounds Committee –
a.B. Dodson moved to decrease pine straw to one occurrence every other year.  No pine straw will be laid in 2005. Second, B. Loftin. Motion approved. Management will check with landscaper to determine price adjustment.
b.Board approved purchase of impatiens for front entrance.

Unfinished Business –
1.Reviewed vote compiled by B. Latham for by-law amendments. 75% not yet achieved.


Meeting adjourned at 7:00 pm.

Submitted: Bonnie Latham