Homeowners Meeting Minutes- January 18, 2016 Approved
Posted on Jan 20, 2016
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:
- New defebrillator have been installed at Wertz Hall and the 19th Hole. Training will be done Saturday, January 23.
New Business:
- 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.
- 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.
- 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.
- 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.
- Ed talked briefly about the new Open Carry Law. The board is seeking input from our attorney before any rule change is made.
- 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.
- As out-going Vice-President Mary Pruett thanked the homeowners for their support during her tenure.
The meeting adjourned at 11:10 a.m.