Minutes from Board Meeting

3/8/11

Saguaro Canyon HOA Board Meeting Minutes

Roll call – Attending Joe, Brad, Eric, Scott, Doug, Robyn, Mary and Lauren Moison

Mary went over ACC landscaping guidelines for our subdivision. There is a 13 page document that has which plants and sized are acceptable to plant. Mary takes care of all new builds and Scott takes care of existing homes.  If Scott can’t answer a question or a homeowner wants to deviate he will refer the question onto Mary. We may want to put together a ‘do not plant’ list to add to the guidelines. We may also want to ask the City of Meridian for ‘approved trees’ list.

Mary is auditing standards and addressing violations. Scott is going to start enforcing violations in stained fences, porch lights, and making sure chimney stacks are black. Also talked about possibly placing liens on BHH lots to insure ACC standards and compliance.

Election of Officers – Joe

President – Brad (1 year remaining)

VP – Doug (3 years)

Treasurer – Eric (1 year remaining)

Secretary – Robyn (2 years)

Scott – 3 years

Financial Report – Joe

Checking account has $236,000, Money market $75,000, CD $25,000 and accounts receivables $127,900.

Eric suggested we move some of the money from the money market account to open another 25k CD. Also move all but 100k from checking into money market account.

Landscaping – Joe

Need to spray for weeds within the next 30 days. Burnt out lights are being replaced. Suggested to add about 5 more lights. Joe is going to get a bid.

Scott asked if minutes for future meetings be sent via email instead of hardcopy.

No future amenities will be built this year due to the discount of the HOA dues this year. We may consider next year.

Meeting  adjoured.