Meeting was called to order at 6:30 pm. Board Members attending were Dave Zeemont, President; Steve Bailey, Secretary; Larry Felhauer and Kathy Mayer, Directors at Large. Also attending were Dave Wright, Gates Chair; William Webber, Design Control Chair; Maxine Webber.

Minutes from previous meeting were approved.

Treasurer Bob Crowley had flight delays and was unable to attend the meeting. He sent the Treasurer’s Report via email (see attached.) The Board, noting nothing unusual in the report, approved it.

Steve Bailey presented wording for protection of designated funds for road repairs/resealing project for future years. The exact wording will be sent to members in a couple days; however, this proposal notes that any funds collected for street repairs/resealing must be used only for that purpose. A separate account will be set up to ensure that funds are not commingled with other budgeted items. This proposal will be presented to the entire membership for a vote in January for inclusion in the CC&Rs.

The proposed budget for 2012 was approved by the Board and will be presented at the January General Membership Meeting. A complete copy of the 2012 Budget will be sent to everyone in a couple days.

The Board congratulated Dave Wright, Gates Chair, for the beautiful job done on painting the two gates and CR sign. Dave reported that the SOS system was working fine and that one of the backup batteries had died and was in the process of obtaining a new one.

Dave Zeemont reported that one resident of Regency Court had had another experience of dangerously high water pressure and that it blew off the pop-off valve on his system. Minor damage was reported. The plumber went around to several houses and, with permission, checked the water pressure of those houses. They all were quite high, with the highest being 115 psi. Several weeks ago a Regency Court resident experienced the same problem, however, the damage to the home was extensive. All of this information was forwarded to the PHUC water company.

The agenda for the General Membership Meeting, to be held Tuesday, January 24, 2012 at 6 pm at the Country Club was discussed. Board members made their requests/suggestions and Steve Bailey will form the actual agenda and distribute it to all residents. If any resident wishes to place something on the agenda, they should do it as soon as possible, and no later than December 22nd. Contact Steve Bailey (by hitting reply to this email.) The actual agenda will be distributed in a couple days to all members, but changes may be made until December 22nd. No changes to the agenda can be made after that date.

Steve Bailey will be serving as the Nominating Chair for the election in January. Positions open will be President, Treasurer, and one Director at Large. These positions will be for a two year period. So far the nominations are: President, Dave Zeemont; Treasurer, Bob Crowley; and Director at Large, Larry Felhauer. Nominations will be accepted any time simply by contacting Steve Bailey and either placing yourself or someone else in nomination. Nominations will also be taken from the floor during the January meeting.

Dave Wright will be in charge of ballot counting at the meeting, and will be assisted by Maxine Webber and Rich Corona.

The Audit Committee will perform an audit of the finances of the Association and will give their report at the General Meeting. Committee members are Ronnie Wright, Chair; Rich Corona, and Al Coelho.

The next Board of Directors meeting will be held Monday, January 9, 2012 at 6:30 pm at 1236 Regency Court. With no further business, the meeting was adjourned.

Respectfully submitted,

Steve Bailey

CRNA Secretary

December 13, 2011

575-520-0668