Oaks of Avent Ferry Condominium Board of Directors Meeting  June 2, 2005 at 6:00 p.m.

Board Members present: Barbara Dodson, Cindy Geurin, Laura Lamkin, Bonnie Latham, Bill Loftin, Dan Madding, Jo Nerhood, Jeb Black, Management.

L. Lamkin called the meeting to order at 6:00 pm.

Homeowners Forum: none present.

Executive Session:

• Approved May 2005 regular Board meeting minutes.
  

Manager's Report - J. Black

• 4243-51 siding replacement completed. Cost is $14,800.  Power wash is complete in preparation for painting due to begin next week.
  

• 4012-20 siding replacement has begun.
  

• Removed old woodpiles except those who requested exemption.
  

• Sent letter to 4273 regarding trash carts.
  

• Approved Motion by L. Lamkin, second by C. Geurin to grant contract to Beard’s Tree Service to remove two dead trees from 4101 and 4103. Contract provides $450 for 2 tree removals plus $100 for stump removal.
  

Treasurer’s Report – B. Loftin

• Progress Energy bill charged to Trailwood Valley ($496.80) will be corrected in balance sheet.
  

• Approved Motion by B. Loftin, second by D. Madding to move $21,070.66 CD funds to cash reserve to be used for building renovations.
  

Committee Reports –

1.Architecture – L. Lamkin

• Reviewed 2nd application from 4263 for screened porch and found it to be substantively equal to 1st application.  Motion by L. Lamkin, seconded by B. Latham, to approve application at 4263 for screened porch as presented at 5/12/05 meeting failed; Vote: 5 oppose; 2 abstain.
  

2.Grounds – D. Madding

• Board directed Management to obtain bid for removing stump as requested by 4283.
  

• Madding recommended that bushes at 4121 be cut back significantly.
  

• Reviewed work order for replacement bushes at 4267 and 4283.
  

3.Newsletter – B. Latham

• Emailed newsletter to residents that signed up with Yahoo Groups. Will follow up with feedback.
  

Unfinished Business – none.

New Business – none.

Other Business – none.

Meeting adjourned at 7:30 pm.

Submitted: Bonnie Latham