Homeowners Meeting Minutes- January 18, 2016 Approved

Adobe Wells Homeowners Meeting Minutes

 Monday, January 18, 2016

 

The meeting was called to order at 10:00 a.m. by President, Ed Adams.

No non-Homeowners were present.

There was a quorum

Pledge of Allegiance

Prayer by Roy Williams

 

Introduction of  Board and Officers.

President:  Ed Adams

Vice-President:  Mary Pruett

Treasurer:  Bob Stamm

Acting Secretary:  Laurie Sullivan

 

Section I Directors:  Paul Hood;  Ormal Guinn (absent)

Second II & III Directors:  Robert Gotter; Ken Heyn; Gary Montgomery; Gus Gustafson

RV Section Directors:  Marlene Thorson; Marty RicKard

Parliamentarian:  David Nickols

Jurisprudence:  Candy Maxwell (absent)

 

New Homeowners Present:  Dot Durrance

 

Laurie Sullivan gave a synopsis of Minutes from the December 21, 2015 Homeowners meeting.  They were accepted.

 

Treasurer’s Report:  Bob Stamm

General:  Net Operating Funds available, $182,713

Total YTD Income:  $401,090; YTD Expenditures $364,883; Capitalized Items, $26,000; Net Income YTD $63,151

Total Activity Funds Available: $31,667

Rental Property Balance: $6,935

Memorial Fund Balance:  $3,489

Report was approved and put to file for future audit.

 

Old Business:

  1. New defebrillator have been installed at Wertz Hall and the 19th Hole. Training will be done Saturday, January 23.

 

New Business:

  1. On behalf of the Dance Committee Barb Murphy gave a run-down of income and expenses for the various dances. Many homeowners do not realize that income from ticket sales and raffles helps to offset the large amount fronted to the Committee to secure the bands.

 

  1. Ed Adams introduced the new Board members and officers: Gary Montgomery, President; Mike Manning, Vice-Present; Bob Stamm, Treasurer.  Directors, Section I:  Mary Hittner; Paul Hood.

Directors, Section II:  Bob Gotter; Ken Heyn; Darrell Olson; Dave Nickols.  Directors, RV Section:  Marty RicKard; Marlene Thorson.  Ed expressed thanks to the outgoing officers and board members and a welcome to the new ones.

 

  1. Howard Harmon as Chairman of the Audit Committee gave a run-down of their findings. All checked out.  The only recommendation was that the Board look at discontinuing use of a debit card and obtain a corporate credit card instead.  This will make it easier to track expenses.

 

  1. Bob Stamm gave an overview of the proposed budget for the coming year. There were a few minor questions.  The budget will be voted on by the homeowners at the end of this meeeting.

 

  1. Ed talked briefly about the new Open Carry Law. The board is seeking input from our attorney before any rule change is made.

 

  1. Ed announced we are looking for a new Parliamentarian as Dave Nickols has been elected to the Board. Ed also announced that Laurie Sullivan has agreed to take on the job of Secretary.

 

  1. As out-going Vice-President Mary Pruett thanked the homeowners for their support during her tenure.

 

The meeting adjourned at 11:10 a.m.

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