MERIDIAN VALLEY MAINTENANCE ASSOCIATION
MONTHLY BOARD MEETING MINUTES
June 14, 2006
TO ORDER BY PRESIDENT JACK OTTINI at 7:02 p.m.
ATTENDANCE: Jack Ottini, Dale
Mjelde, Janet Lewis, Mike McCarty, Ron Arntson, and Cheryl Havener
Absent: Terry Lavery and Bob
MINUTES: Approved as written
REPORT: Mike McCarty
Saggau, from Edward Jones, met with MVMA Board to recommend investment
opportunities to maximize our funds return. After Mr. Saggau left, the Board discussed his
recommendations with a M/S/P authorizing Edward Jones to diversify our
mutual funds based on Mr. Saggau’s presentation for our long-term
investments. Our long term fund
investments will continue to be 50% mutual funds and 50% CD and money market
funds with the caveat that all dividends and interest earnings will be
reinvested in our mutual funds.
copy of the current Profit and Loss, Profit & Loss Budget vs. Actual,
and Balance Sheet YTD was distributed for review and discussion.
written update on the clubhouse remodel was distributed, copy attached in
Guardian completed quarterly maintenance on all gates.
There are several items showing signs of wear that need to be
watched. A maintenance report
will be sent to us. The control
arm on the resident gate at the gatehouse broke.
Jim Marter straightened and welded the broken arm the next day.
The cost was $91.00. Entrance
control was called to fix a problem with the remote controls not working.
It appears that residents are not using the remotes correctly.
The remotes are being pushed to quickly and too many times. This caused the memory bank on the computer to fill up
with too much data. The problem
appears to be fixed. A notice
will be put in the next newsletter.
Street lights, & Fences: No
problems. The light directed at
the sign at the main gate had no power.
Puget Power determined it was their problem and has fixed it.
Terry Lavery & Janet Lewis
letter will be sent concerning a remodel that began a year ago and is not
#71 was discussed.
guards, Kim and another guard, had two run-ins with people entering the area
without authorization. On both
occasions the language and tempers did get out-of-hand.
Remedies were discussed. We
will look into the possibility of using a video/audio camera.
and war games with 6mm soft-air BB guns are an issue.
The boy’s father has been notified.
Types of action were discussed.
Dale will handle.
#350 has an auto/truck parked partly on the street.
The vehicle has been tagged several times.
Complaints have also been given to the Security Personnel.
A letter will be sent.
islands at all three gates have been re-landscaped.
A sprinkler system was installed at the main gate.
Resident response has been very positive.
large trees along 144th Avenue S.E. have been removed.
Most of them were cottonwoods and were a potential hazard during
common areas have been pruned, weeded, and re-barked except outside the
south gate along 256th. We
hope to have this task completed by the first of July.
our storm drain grates clean is an important issue in maintaining our storm
water drainage system. This
will be addressed in the next newsletter.
articles are due June 20th.
REPORT: Jack Ottini
have an update on the religious temple next month.
need to be thinking about candidates for next year’s Board. Terry Lavery
and I will be finished with our terms.
Minutes prepared by Cheryl Havener