THE GLADES OWNERS ASSOCIATION

THURSDAY, January 28, 2010

THE GULF BEACH BAPTIST CHURCH

MINUTES

In attendance were Board Members George McNitt, Ken Patterson, Tom Holmes, Gus Martell and John Bridges. There were six Glades Homeowners in attendance.

The meeting was called to order at 6:30 PM by President McNitt.

Approval of the November 3 regular meeting minutes. Martell motioned we approve the minutes, seconded by Holmes and carried.

McNitt introduced Glades Homeowner Kathy Storey ,114 Glades Turn who asked to make a brief presentation about her services as a management company for homeowners who rent their homes. McNitt informed her the Board is unable to make an endorsement but she can run an ad in the Glades Newsletter.

OLD BUSINESS: McNitt reports the race track is a dead issue for now.

McNitt gave a report on the progress on the new sign at the Grand Heron entrance advising it is near completion.

By general acclamation it was agreed to table the Flag proposal pending further clarification of maintenance issues.

Bridges gave a report on nominations advising receipt of only one application for the Board and only two of the existing board willing to run for another term. McNitt gave an in depth report from our Glades Attorney including the fact that the board cannot consist of more than nine and no less than three. The President is the only one who must be a board member. Other officers can be appointed by the board without serving as a board member. McNitt pointed out that any homeowner can stand up and nominate themselves at the annual meeting prior to the election.

TREASURER REPORT: Patterson reviewed the financial report and advised everything is reconciled and ready for audit. There are five homeowners in default on their assessments, two of which is for the $100.00 special fee. The three possible leins are at 310 S. Glades, Steve and Bridget Hill, 139 Glades Turn, Estate of Joy Hornor, and 101 Hombre Circle, Edwin and Sharon Lambert. At present there are eight foreclosures in the Glades. Martel motioned to accept the treasurer’s report, seconded by Holmes and carried.

ENVIRONMENTAL: Martel reported mostly quiet for the last few months with the exception of trailers being parked in driveways which he has handled. Another complaint involves a home where several cars are parked in the drive resulting in some blockage of the street. He is working to correct. McNitt motioned approval, seconded by Holmes and carried.

MAINTENANCE: Judy Lee reported a reduction in the cost of sprinklers resulting from replacement of malfunctioning equipment. Also, Bay is in the process of replacing the pinestraw. Tom Easter reported that he had turned off sprinklers at the Middle Beach entrance when they were on while it was raining. Judy said Bay had turned them off back in October. McNitt asked Judy to have Bay put locks on all the sprinklers and requested that any problems in the future be reported to the Maintenance chairman. Bridges recommended approval, seconded by McNitt and carried.

NEW BUSINESS: McNitt reviewed the proposed budget for 2010 with the board including a proposal for paid accounting which will be considered by the new board.

In view of the age of the association computer and associated problems, McNitt recommended the purchase of a new computer as well as updated software. It is thought that a laptop would be more portable and would not take up as much space for whomever does the accounting, and could be brought to meetings when needed. Since money is now available, Holmes motioned that the new equipment be purchased now. The motion was seconded by Martel and carried.

The meeting adjourned at 8:35 P.M.

Respectfully Submitted,

John Bridges

VP and Secretary