Board of Directors Meeting
May 22, 2007

Minutes Of The Meeting

Convened at 7:30 PM

Present:
Michael Eastman - President 

Mitch Steinberger – Vice President 

Bill Williams - Treasurer

Frank Perkles - Secretary

Ronald Simmons - Director at Large

Invitees:
Richard Leyden - CVHOA Insurance Broker of Record


Committee Reports:

Reports submitted by the following committees:

 Architectural - Financial - Judicial 


Motion:  

Approve speed bump proposal of $650.00 to be installed at Woodbury University driveway along Cabrini Drive.

               Motioned by: Ron Simmons
               Seconded by: Frank Perkles

               Motion unanimously carried.

Motion:

Approve Special Assessment of $ 189.60 per unit to be used to pay of insurance premium increase arising from Earthquake/Flood Policy. 

Motioned by: Michael Eastman
Seconded by: Frank Perkles

Motion unanimously carried.

Motion:

Approve Notice of Default/Collection process against:  P80173 & P97672.

                      Motioned by: Michael Eastman
                      Seconded by: Frank Perkles

                       Motion unanimously carried.


Adjournment: 9:00 PM

Respectfully Submitted by: Frank Perkles, Secretary, May 29, 2007.


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