The meeting was called to order at 8:30 a.m.

In attendance were board members:

Tom Kearns, President

Phyllis Ginzler, Vice-president

Pam Ambrose, Treasurer (via phone)

Peter Silva

Tom Tanner

Brian Douglass

Also in attendance were 9 KHA members. (Sign-in sheet attached.)

Secretary’s Report

Peter Silva made a motion to accept the minutes of the October meeting. Motion was seconded and passed.

Treasurer’s Report

Pam Ambrose reported on the state of KHA finances. She explained that KHA has the financial resources to invest in a third well now, in fiscal; 2007, without straining our finances or tapping into the KHA reserve account. She also reported:

Accounts receivable are at 99%
KHA will finish the current fiscal year in good financial condition
We have used a portion of capital improvement funds for the dock replacement and other recent improvements.
Unused capital and maintenance funds to date total $28,000

Tom Tanner made the motion to accept the Treasurer’s report. It was seconded and the motion passed.

Committee Reports

Building. Dan Weygandt reported that there were two applications for sheds. One of these, on Hemlock Road, requires shore lands approval.

Dock master. There is one boat remaining on a mooring. It will be out in a week.

Manager’s Report

Fred Fortier reported on the following:

· Docks. Fred is looking into high-powered solar lighting for the dock bridge area. He also noted that more dock “fingers” are slated to be replaced in the spring.

· Tennis courts. Courts will remain open until the first snow but without bathroom facilities. Fred plans to change the gate opening in the spring.

· Bullwinkle. Fred plans to power wash the Bullwinkle and upgrade to a steel roof. This will be discussed in upcoming meetings. Fred reported that the fireplace in the upper room of the Bullwinkle will be functional by the December meeting.

· Signage. Fred reported that some signs that blew down during the last storm will be replaced. Crime watch signs will be added. There will also be signs to designate the boundaries of our subdivision on Knights Hill Road.

· Water system. Fred reported that water usage is averaging 46 to 49K gallons per day and the wells are functioning as expected with very good recovery time. He recommends a third well which will decrease recovery time and provide more back-up capability. He has researched the third well and he would place it between the existing two wells. Cost is estimated at $25,000 for a turnkey installation.

· Receivables. Fred agreed with Pam Ambrose that receivables are at 99%, under $4,000. Fred went to court on behalf of KHA to recover back dues and the court issued favorable judgments for KHA. Fred noted that there are payment plans in place for recovering back dues.

During discussions, Bill White asked that any signage placed on KHA property be attractive and appropriate. On a question on Fred’s plans to assess the septic system, Fred explained that he plans to pump the system in the spring. Pam Ambrose added that any major capital improvements need to be funded in the next budget cycle.

Phyllis Ginzler made a motion to accept the manager’s report. The motion was seconded and passed.

Old Business

· Capital improvements. Covered in the manager’s report

· Pending action items. Norma Gelles distributed document that needs to be signed and notarized to register the membership vote on the renewal of KHA Declarations. Norma also asked that we update Article 6, section 4 of the policy book to reflect the renewal.

New Business

· Fall maintenance projects. The board asked that “no snowmobiling” signs be posted before the first sow.

· Tom Tanner made the motion to use unused funds in the fiscal 2007 KHA budget to add a third well now. Peter Silva seconded and the motion passed unanimously. Tom Kearns noted that we are not using emergency funds for the third well. He added that there will be no interruption of services during the installation. KHA will continue water distribution projects in the spring as planned.

· To a question regarding a neighbor complaint about the dock lights, Fred responded that it was addressed.

· Tom Tanner raised the possibility to installing a water fountain in the lagoon area. Fred will research this.

For the good and welfare…

· Dave MacFarland’s wife is home from the hospital and doing well. KHA has sent flowers to their home.

· Fred asked permission to approach Shawnee Peak in order to negotiate the best rate for ski packages. The Board approved.

· To a question about what the town is doing to repair roads in our subdivision, Fred responded that he continues to pursue the town on fixing road problems.

· Bob Gelles asked what the latest date for applying for boat docks. Ans. March 2, when dues are paid.

· To an inquiry, Fred will check with the fire department regarding KHA fire hydrants.

Pam Ambrose made the motion to adjourn. The motion was seconded and passed.

Meeting adjourned at 9:25 a.m.

Respectfully submitted,

Phyllis Ginzler, substituting for Marilyn Salerno

Board of Governors

Knights Hill Association, Inc.

April 29, 2007