Chesterfield Homeowners Association, Inc.
Board of Directors Meeting
April 1, 2003

Meeting called to order at 7:40 pm

Attendance:
President - Wally Sa'd
Vice President- Dan Taddei
2nd Vice President- Kevin Fatten
Treasurer- Mark Bozik
Secretary- Cari Podolak - absent

Minutes for March were reviewed and approved.

Treasurer’s Report
Assets as of February 28, 2003 = $53,736.30.
No expenditures listed from Owners Association Management for 2003. They seem to be behind.
Assessments received as of March 14, 2003 = $35,442.73
Mark will get check card for officers.

Old Business

• Lights on break wall: Found 5 of 8 lights broken. Kevin will check price and order lights as needed. Try to set up account with Granger for purchases.

• Transfer money from American bank to Valley Community Bank for outstanding balance: Mark sent note to OAM to get check. No action from OAM.

• Website: Kevin made signs with web site address for subdivision entrances. We've had good results. Questions have arisen about the townhome association linking to our website or providing space on the website for their information. Wally will contact the townhome association for information.

• Trees and boat issues: Letters have been drafted and will be sent April 2 by certified mail..

• Issue of split rail fence along the bike trail behind Stewart Ave.: Open item. A letter will be drafted notifying residents of the proposed fence and asking them to move any personal items.

• Review email from resident that did not receive mailing of annual meeting: Open item.

• Wally will contact OAM regarding landscaping bids for new year: Wally contacted OAM but no action from OAM. Winters provided updated bid of $2,850 per month. Dan moved to accept the Winters bid. Motion carried.

• Mark will get contacts concerning wetland maintenance: Open item. Mark is still working on leads.

• Contact village to extend the front island with yellow striping: Deferred until August.

New Business

• Items to discuss with OAM:
  • Wally will contact OAM and ask for updated resident database.
  • Status of transferring bank account in writing.
  • Financial Statements are not up to date and provided for each board member prior to each meeting and in a timely fashion.
  • Why is OAM holding closing checks?
  • Status of response to lawyer's letter.
  • Why were no bids provided concerning landscaping
• Sprinkler system maintenance: Mark will get bids and take appropriate action.
• Dan will provide contact data for the activity committee to Kevin.

The meeting adjourned at 8:45 pm. Next meeting is at Kevin's house on 6 May 2003.