UNAPPROVED

WITHOUT CORRECTION, ADDITIONS OR DELETIONS

FALLS RUN COMMUNITY ASSOCIATION, INC.

 

Minutes of the Special Meeting of the FRCA Board of Directors

July 31, 2007

 

The Falls Run Community Association, Inc.’s Board of Directors met on July 31, 2007 for a Special Meeting at the Center.

The meeting was called to order at 9:00 AM by Bill Nosal, President.

A quorum was present.  Board members attending were:

Bill Nosal, Toni Brown, Art Gabler, Dan Owens, Jake Bernard and Jim Stagner.  Mal Malo was away.

Also present: Jim Armstrong and Sylva Southwell, Property Managers of Armstrong Management and Ed O’Connell, our attorney, of Whiteford, Taylor & Preston, LLP.

 

Dan Owens moved, 2nd by Art Gabler, to reconvene in executive session to discuss the legal aspects of the Koger Management situation and to review functions of committees.  Carried unanimously.

 

The Board met in executive session from 9:05 AM until 12:00 PM. At which time it reconvened in open session for a Special Meeting.

 

Toni Brown moved, 2nd by Jim Stagner, to:

1.                           Authorize Jim Armstrong of Armstrong Management to file an insurance claim for potential losses created by Koger Management.  Claim to be filed by August 17, 2007 (date may be changed as a result of the Chapter 11 bankruptcy filing).

2.                           Ask current counsel, Ed O’Connell, for a recommendation for an independent counsel to advise the Board pertaining to legal options involving Koger Management.

Carried unanimously.

 

Jake Bernard moved, 2nd by Jim Stagner, to suspend the Board’s  June 27, 2007 approval of Shenandoah’s contract for creation of a Master Landscaping Plan in the amount of $5,760 to allow time to work with Shenandoah to:

1.     consider an inclusion of a credit provision for hiring Shenandoah to provide the materials and to do the work designed in the Master Plan

2.     be sure plans to be used are valid site drawings

3.     to create an overall plan for the common areas as opposed to a site specific plan

4.     require a prototype of the plan to be included.

Carried unanimously.

 

Jake Bernard, 2nd by Dan Owens, moved to adjourn at 12:10 PM. Carried unanimously.

 

The next Open Forum meeting will be a combination working session and open forum and will be held on August 8, 2007 at 7:00 PM at the Center. The next Working Session will be August 22, 2007 at 10:00 AM at the Center.

 

Submitted by:

Toni Brown, Secretary

Falls Run Community Association, Inc.