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Board of Directors Meeting Minutes
November 29, 2016 
 Grace Lutheran Church, MI

Call to Order: Bertha Perrin called the meeting to order at 7:00 pm.

Quorum: In attendance were Bertha Perrin, Dave Cheney, Bill Hillberg, Bob Trask and Linda Stasik. Van Moore of APM was also present.  

Comments from the floor:   

Approval of Meeting Minutes: Motion by Dave Cheney, seconded by Bill Hillberg to approve the minutes of the October, 2016 board meeting as corrected. All in favor.       
Treasurer’s Report: Bill Hillberg read the reserve’s and invoice expenditures from the Treasurer’s Report. 

Motion by Dave Cheney, seconded by Bertha Perrin to move $3,124.52 out of “deferred maintenance” to “playground equipment”. All in favor. 

Motion by Bertha Perrin, seconded by Bob Trask to accept the report as presented, seconded by. All in favor.

Old Business/Action Items Update:

Sunset Lakes 2017 Budget:  Van Moore read the 2017 Budget proposal.  

Motion by Bill Hillberg to approve the budget line by line was not seconded.

Motion by Dave Cheney, seconded by Bertha Perrin to accept the proposed budget with two changes.  One increase in street lighting and one decrease in removing the fire estinguisher.  Motion carried 4-1. Bill Hillberg opposed.

New Business: 
ARC – No report.

Christmas decorations: The cost of decorating the entrance gates last year seemed      excessive.  Mary Hillberg volunteered to head a committee to decorate the gates  this year.

Christmas Decorating Contest: Motion by Linda Stasik, seconded by Bob Trask  to present gift certificates for the top three decorated homes in the neighborhood.   All in favor. Gifts will be $100 for first place, $50 for second place and $25 for  third place.  Mary Hillberg voluteered to find judges for the contest and take them  around the neighborhood.

Money Matters: Reviewed options for the Mutual of Omaha account in Arizona.   We need a FDIC insured account to move the money into.

Financial Review: The review with McDonough CPA Solutions is nearly  complete.  We should have a report soon. Bill recommended that we have a  “reserve study” done after the review is complete.  He and Van will get quotes  from several companies.

Adjournment:  Motion by Bob Trask, seconded by Dave Cheney to adjourn, all  in favor.  Meeting adjourned at 9:49. 

Linda Stasik

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