April 6, 2004

CALL TO ORDER: 6:30 by James Wagers. The following board members were present: James Wagers-President, Susan Potter-Treasurer, Laura Marlowe-Secretary, Larry Young-Facilities Chairman, Sherry Quisenberry-Board Facilitator, Mark Yates-Property Manager, and Charlie Gancio-Social Director. Others present: Jeremy Scarbrough, Kathy Cloin, Beth Tibbitts.

MINUTES: March 2, 2004 Minutes reviewed. Motion by Laura Marlowe, Second by Larry Young. Approved.

FINANCIAL REPORT:

Central Bank account balance: $86,828.86
$13,180.00 still due for 2004 CNA dues
$1,800.00 still due for 2003 CNA dues
Susan Potter mailed second notices for the 2004 CNA dues
Susan Potter researching the possibility of an outside source to do the neighborhood books on a continuous basis to maintain continuity of system from one Board to the next.

ASSOCIATION ACTIVITIES:

James is receiving three bids on Insurance for the Facilities.
Lawn Care and Pool contracts are complete.
Pool membership drive is ongoing and to date, 32 memberships have been received.

WEBSITE:

Beth Tibbitts reports the CNA Website activity at an average of 400-500 visits/month.

PROPERTY MANAGEMENT:

2004 Budget for Board approval is pending.
Dellavale contract expires on 4/30/04.
Drop Box installation is complete.
Entertainment center for Clubhouse is under construction.

FACILITIES COMMITTEE:

Copperfield Swim Club account balance: $8,298.64.
Basement: shelving is completed, with further clean-up to take place.
Pump room repair estimates: ongoing.
Lexington Pools is working with Facilities committee on a 5 year Plan for renovations to the pool facilities.
Motion by Mark Yates to approve $250.00 for use in refurbishing the Neighborhood Grill, second by Sherry Quisenberry. Motion approved.
Motion by Larry Young to approve $452.62 for replacement of Tennis Court nets and hardware, Second by Susan Potter. Motion approved.

SOCIAL COMMITTEE:

Next Friday Night Flicks: April 16^th.
Easter Egg Hunt had a very large attendance with beautiful weather contributing to the success.
Neighborhood consignment sale scheduled at the Clubhouse on April 24^th and 25^th.
Annual Neighborhood Garage Sale scheduled for May 14^th and 15^th from 8:00 AM to 2:00 PM both days. An ad will be placed in the Herald-Leader.
Fourth of July activities are underway.

OTHER BUSINESS:

Audit of CNA books: ongoing.
Motion by Mark Yates to approve the Gancio house sunroom addition plans, Second by Larry Young. Motion approved.

ADJOURNMENT: Motion by Charlie Gancio, Second by Laura Marlowe, adjourned at 8:50 P.M. by James Wagers, President.