July 21, 2001 11:05 am

Directors Present: John Leonard, Ron Wencil, Laurel Cashman, Ed Kassmel, Jim Moloney, Rusty Cower and Paul Schwippert. Also present was Ed Cole, Manager.

Secretary Laurel Cashman read the minutes from the August, 2000 meeting. A motion was made to accept the minutes. It was seconded and the minutes were accepted.

Treasurer Jim Moloney read the Treasurers Report. All our accounts are current. A motion was made to accept the minutes. It was seconded and the minutes were accepted.

It was asked if there were any questions from the assembled group regarding the minutes or the report. No questions.

Election of the Directors: No new nominations were given from the Floor. The Directors already nominated by the nominating committee were accepted and elected.

The meeting was then opened up for questions from the assembled group.

A member asked about the rules regarding debris and/or junk cars on lots. Answer: the member will need to notify Ed Cole, the manager with the lot #, owner's name or their best description of the lot location. Ed would then send the lot owner a letter outlining policy via certified mail. It was reminded to the group that not all the lots within Snow Mountain Farms are encumbered. Ed said he would get back to you if the lot you questioned was not part of our association.

A member asked about any updated on a particular lot on his street that was not developed but had an abandoned dump truck. Answer: The abandoned lot is not buildable and so far the owner has not responded to verbal inquiries from Ed's office nor our Attorney. The town has the option of taking the lot for back taxes but has not yet done that. The next step, which is planned, is to have the Attorney make formal inquiries.  It was further explained that the lot was unbuildable because it could not meet the requirement of having an engineered septic system. Our Association added this requirement in 1986.

A member asked if we had a leash law or policy. Answer: There is no leash law in the Town of Wardsboro and our by-laws do not address domestic animals. It was further explained that it is not advised that we have a leash policy if the Town did not have a leash law. The streets are public and not all lots are encumbered so if there were an incident it would not be known if the dog was from an encumbered lot or just on public property.

A member asked about turnover in sales. Answer: We have approximately 255 encumbered owners and there were 8-10 property transfers in the past year.

A motion was made to adjourn the meeting. The motion was seconded and accepted. The meeting was adjourned at 11:20 am.
 
 

Call to order by ED KASSMEL

ED introduces present Board of Directors

LAUREL CASHMAN, Secretary, reads Annual Meeting Notice.

ED states that the Association Bylaws call for a quorum of 10% of members in person or by proxy to take action at any meeting of members. Since this requirement has been met with property owners voting in person or by mail ballots, I declare the meeting ready to transact the business before us.

U~UREL reads minutes of 2000 Annual Meeting.

ED asks for motion to accept.

JIM MALONEY, Treasurer, -as of June 30'h, 2000, total operating cash on hand was $57,654.81, and total reserve funds on hand was $70,000.00. Total revenues received through June 30th was $43,060.00 representing 77% anticipated assessment income for the current year. $4,748.32 has been paid to vendors and all accounts are current.

ED asks for a motion to accept.

ED gives comments, or asks if any questions from members.

ED states, "The election of Directors is now in order under the Bylaws of the Association". Three Directors are to be elected. Nominees selected by the Nomination Committee are: LAUREL CASHMAN, EDWARD KASSMEL, JAMES MALONEY. Are there any nominations from the floor? If none ask for a vote on three nominated.

       If there are nominations from the floor, get full name and second.  Ask for motion to close nominations. Take vote either by raised hand or by paper ballot. Call for a short recess so that votes can be counted.

ED announces duly elected Directors.

ED asks, is there any other business that may legally come before this meeting? If none, I will entertain a motion to adjourn.