The meeting was called to order at 8:30 A.M.

In attendance were board members:

Tom Kearns, President

Phyllis Ginzler, Clerk

Scott Russell

Marilyn Salerno

Jeff Witherell

Also in attendance were 16 KHA members.

Collateral that was provided to members included:

Agenda

Minutes of March 4, 2006 Board of Governors Meeting

Minutes of Special Meeting of March 4, 2006

Manager’s Report

KHA Statement of Account Balances (as of 4-05-06)

KHA Transaction List by Vendor (Mar.4 through Apr. 5, 2006)

KHA, Inc. Profit and Loss Budget vs. Actual (Jan.1 through Dec. 2006)

Secretary’s Report

The minutes of the March 4, 2006 meeting were approved with Marilyn Salerno making the motion to approve and Jeff Witherell seconding.

Treasurer’s Report

The treasurer was absent; therefore, there was no treasurer’s report. KHA Bill Hancock submitted the financial data to date.

Bill Hancock noted that KHA has $20,000 in our Water (maintenance) account left over from 2005. The Board authorized a transfer of $12,000 to the Capital Improvement account to continue to upgrade the KHA water system. Phyllis Ginzler made the motion to accept the financial data, seconded by Scott Russell.

Committee Reports

1. Building. Dan Weygandt reported that a building permit was approved at #30 Norman Lane. Dan responded to concerns raised on the condition of a home at #97 Knights Hill Road. He indicated that the owner is in the process of completing re-modeling project after a delay due to illness.

2. Waterfront/Docks. The committee recommended that canoe stickers be distributed after the Memorial Day weekend clean-up day, Saturday, May 27. There was discussion regarding the placement of canoes on racks and other waterfront tasks during clean up.

3. Policy Manual. This project is moving ahead. Marilyn Salerno discussed various policies re tennis courts. She has agreed to write the policies regarding tennis courts for the Policy Manual.

Manager’s Report (attached)

An edited version of the manager’s report is now included with the minutes of the Board meeting on the KHA web site.

Of note: 1) Bill Hancock is accepting bids for the resurfacing of KHA tennis courts. 2) After discussion, Bill Hancock was authorized to add wording on next year’s KHA dues and water bills indicating that finance charges will be assessed on late payments. 3) Scott Russell reported the costs of materials for the replacement of roof on Poolwinkle. 4) Scott Russell informed the Board that approximately $2,000 is needed for composite material to complete the handicap ramp at the Poolwinkle. 5) The Board authorized expenditures for the resurfacing of tennis courts, the completion of the handicap ramp and the replacement of the Poolwinkle roof.

After this discussion, the Board concluded that it needs to itemize capital improvements and their related costs and bring this to the membership prior to the annual meeting in July. The membership will need to understand the capital improvement needs as they vote on dues and possible special assessments.

Old Business

1. Boat Slip Assignments. Notices were sent out to members alerting them to the policy that dues must be paid by March 1, or lose boat slip privileges. Four members contacted KHA with extenuating circumstances. The Board approved the re-instating slips for those members who had shown proof of extenuating circumstances. One member, in dispute with KHA over boat slip policy, was assessed legal fees per the KHA by-laws and is disputing this fee assessment.

2. Variance. Norma Gelles presented all legal papers related to Tim Crosby’s variance.

New Business

1. Nominating Committee. In preparation for the 2006 annual meeting and the election of KHA Board members, Marilyn Salerno will head the nominating committee. Up for re-election (should they choose to run) are Peter Silva, Tom Kearns and Scott Russell.

2. Milfoil. There was a reminder for members to obtain milfoil stickers for their watercraft.

Motion to adjourn at 9:55 made by Scott Russell, seconded by Marilyn Salerno.