KNIGHTS HILL BOARD OF GOVERNORS
MINUTES OF THE DECEMBER 1, 2007 MEETING
Board Members In Attendance:
President Tom Kearns, Vice President Phyllis Ginzler, Treasurer Pam Ambrose,
Recording Clerk Marilyn
Salerno, Tom Tanner, Peter Silva, Brian Douglass, KHA Manager Fred Fortier
Members attending: Marjorie
Blaney, Phil Blaney, David Ginzler, Kathy and Mike
McInernery, Ron Kostka, Diana
and Jim Fallon, Dick Minogue
Colleteral:
Building Control Committee Permit Log
KHA Profit and Loss Budget Vs.
Actual
Managers report
Treasurer’s Report
Attendance Sheet
President Tom Kearns called
the meeting to order at 8:32 a.m.
Recording Clerk’s
Minutes:
Phyllis Ginzler, acting Recording Clerk for the November
meeting, presented the
minutes of the November meeting for discussion and approval.
One amendment was made. Peter
Silva made a mot ion to accept the Clerk’s report and
Marilyn Salerno seconded it.
The minutes were approved.
Treasurer’s Report: Treasurer Pam Ambrose
presented the report. We are financially
on target to finish the year
in great shape. Our accountant will check the books after
December 31 so our taxes will
be filed on time.
Fred Fortier reported on our
CD notes and on establishing a line of credit with the bank.
He asked the board for the
amount we want for a line of credit, for how long, and what
security can we offer.
Tom Tanner suggested moving
more money into a CD but Pam reported that we already
receive a high rate on our
savings so it evens out.
Phyllis Ginzler made a motion
to accept the Treasurer’s Report and Brian Douglass
seconded it. The Treasurer’s
Report was approved.
Building Committee: Two applications for shore
land approval have been received and
an application for one new
house
Manager’s Report: The dock work is finished.
Because of his interest in the water
system, Dana Ambrose had
obtained his water license at his own expense. He plans to
volunteer his services
whenever needed. Heather Rickets had received her water license.
Fred continues to improve and
upgrade his water license and is working to become a
treatment operator.
The new well is underway by
Goodwin Well and this greatly improves our system over
last year.
Dave McFarland and Fred are
testing and marking every water shutoff and those that are
in poor repair will be
replaced. Water pressure will be addressed in the coming years.
Fred stated that 99.1% of
receivables have been sent in and hopefully all will be paid by
the end of the year.
Fred is working hard to be as
energy efficient as possible with our usage. So far he has
saved KHA a great deal on
energy cost for November 2007 compared to 2006.
A water sprayer is being
considered for the lagoon. The sprayer will help water
movement and will prevent the
lagoon from becoming stagnant.
In 2008, our KHAwebsite
address is about to change. Find KHA at this url.
KHAINC@roadrunner.com Please make a note of this.
Fred shared his goal for the
coming year: To finish all current projects and repairs and to
have KHA running efficiently.
Thank you Fred!
Tom Tanner made a motion to
accept the Manager’s Report and Phyllis Ginzler
seconded. The report was
accepted.
The Board of Governors
gratefully thanked Norma Gelles for all her work on the
declaration project.
New Business: Setting up a line of credit
with our bank will be pursued. Thanks to the
people who cleared all the
dead wood around the Poolwinkle property at his own risk.
Pam Ambrose made a motion to
move into executive session. Phyllis Ginzler seconded it.
The board came back from
executive session and payroll end of the year bonuses were
discussed. Phyllis made a
motion to distribute the bonuses and Tom Tanner seconded it.
Tom Tanner made a motion to
adjourn at 9:55 am. Peter Silva seconded it. The meeting
Adjourned.
Respectfully Submitted:
Marilyn Salerno, KHA Board of
Governors Recording Clerk