LAKE FOREST PROPERTY OWNERS ASSOCIATION
STATED BOARD MEETING
November 26, 2007

In attendance were Willie Robison, Sherrie Weller, Bryan Frater, John Peterson, Joe Mosley, Clint Martin, Marie Bidney, Jim Moss and Selena Vaughn. Staff attendance was Steve Jernudd.

The meeting was called to order by President, John Peterson.

Minutes for Approval:

Motion to approve Organizational Meeting Minutes of October 24, 2007. Motioned Passed.

Committee Reports:

Financial: Joe Mosley reported that we now have a current financial as of October 31, 2007 which a copy can be obtained at the POA office. Finance committee to meet over the next 10 days to form a budget for 2008.

Architectural: Jim Moss reported on new Covenant Compliance Committee which consist of 14, 2 member teams who each take a section of Lake Forest looking for specific violations and report back to Stacy Johnston, Architectural Manager. There is a different violation each month that the committee will be looking for. There were 69 violations for the month of October and 45 corrected violations. There was a motion made to revise Architectural Policy and Procedure manual and to introduce a fee penalty for covenant violations. Motion Carried.

Building and Grounds: Willie reported Building & Grounds committee met last week and has approved a new roof for the pro shop, 19th hole and breezeway at a cost of $50,000.00. Mike is to get bids on D-Dock at the marina.

Communications: Selena Vaughn reported she would like to update website and push the Lake Forest amenities in the Lake Forester.

Food and Beverage: Sherrie Weller reported there were 8 special events hosted at the Yacht & Country club with a profit of $8,247. YTD percentages are: Food 60%; Liquor 47%; Beer 43%; Wine 33%.

Greens: Jim Moss reported the condition of the course is showing some improvement after the recent overseeding and repair of one of the main pumps. A motion was made for the purchase of golf course equipment. The Greens Committee is working with Derrick and Steve to develop a greens revitalization plan. Motion tabled for further discussion.

Lake: John Peterson reported that he is pursuing funding sources and working with organizations such as Mobile Bay NEP for the restoration of the lake and sediment problems.

Recreation: Clint Martin reported that our pools need to be renovated to be in compliance with new board of health regulations. Mr. Martin arranged for George Lieb to do a presentation for the board regarding cost of improvement of the pools vs. a new pool at the country club. Motion was made by the Recreation Committee to allow bids on the new pool. Motion was tabled for further discussion.

Yacht Club and Marina: Marie Bidney reported boats now being parked at old tennis court area.

General Managers Report: Steve Jernudd began by thanking the board for their patience and thanked the various clubs for decorating the country club and yacht club. Mr. Jernudd reported several parties scheduled for the holiday season. Steve reported on the work being performed by Mike Beck, Facilities Maintenance Supervisor. Irrigation pump has been repaired. He stated he will be working on getting a capital budget prepared to present to the financial committee. Steve commented on the wonderful job our new controller, Pam Reid is doing for the association.

Member Comments:

Nadine Andrews asked the board why people are not coming to meetings anymore. Why did the meeting time change from 7 p.m. to 6 p.m. Why did the order of member comments change on the agenda, and she was concerned with number of vehicles allowed per household.

Ed Kirby made a comment to the board regarding assessment money. He stated country club roof has been patched numerous times and needs to actually be fixed. He asked that we get more bids. Mr. Kirby also stated that D Dock was not needed until provisions are made for docks to be assessable in the channel. Mr. Kirby mentioned that the architectural dept. make sure that there is a legitimate violation before sending out letters, be careful about charging fees for violations, suggested getting an independent review board.

Jody Smithem stated that the architectural violation fee proposal was too high for a minimum violation even though she would like to see improvements in Lake Forest. She believes we need to have a more concrete policy. She asked about sidewalks in the median, board informed her it was up to the city.

Old Business:

New Business:

Assessment letter has been mailed out.

2008 User Fees: It was passed unanimously to increase fees on the Lake course and range fees. Marina fees will increase dry storage for 25’ or less to $42 monthly. Tennis will increase time from 1 hour to 1 ½ hours and from $4 to $5 per member for the 1 ½ hour session. Non-Voting Social Membership will increase to $125.00 annually. A motion was made for no pool fees, motion failed. A motion was made for pool fees to remain the same. Motion passed.

John Peterson tabled new contract with RBS until next work session.

A motion was made by the Building & Grounds committee to replace the flat roof on the pro-shop, 19th hole and breezeway. Motion passed.

There will be a meeting scheduled to discuss GM search.

Committee appointments have been made at a previous meeting.

Architectural fees discussed during architectural report.

Board Comments:

Bryan Frater commented on how nice the country club looks and what a good job our new controller is doing.

Adjournment

Motion to adjourn at 8:20. Motion Passed.