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Lake Tahoe Park Association
Board of Directors Meeting
Minutes
May 19, 2007
Present: Bob Thomas, Milt Hyams, Beverly Hemphill, Margaret Pinter, Pete
Hutchins, Greg Gilbert, Jim Davisson, Manager
Absent: Nancy Morse
- The minutes for the Feb. 2007 meeting were reviewed and approved by the
Board Members.
- The financial status was presented by Jim Davisson and Greg Gilbert. Our
current balance in the checking account is $183,400.00. The projected
expenditures prior to the end of the year should be $163,000.00, leaving a
cash surplus of approximately $20,000.00. The end the year surplus will be
approximately $15,000 to 20,000.00. Our Cash Maximizer account is currently
$173,400.
- The Board reviewed the financial statements for 2006. Greg Gilbert
explained the statement results and the Board approved same.
- Status of piers was discussed by Jim Davisson and the Board. Clarifying
the costs of construction as well as the scope of the construction showed
that the project was within our budget. The work was 98% complete with the
finishing of the piers to be within a few days. Pictures of the entire
construction process were passed around for the Board to see and understand
the scope of the work done.
- Status of the new fence was discussed. Jim Davisson explained the problems
incurred by the Placer County Public Works Department regarding our
construction progress. It was explained that we were well within the rules
of fence construction and after a week delay, construction of the fence
commenced. The fence was projected to be completed by Memorial Day.
- The status of the key card entry system was discussed by the Board. We are
still in the learning curve regarding the operation of the entry system, but
Rich Wilson, Jim Davisson, and Barbara Malm were all being trained in the
operation and function of the lock mechanism and the computer program that
drives all the aspects of the gate entry system. The data was being
programmed into the computer and a target date of June 29th for all the keys
to be mailed and the installation of the lock itself was set.
- Update to the board regarding the Court petition to determine the Board
Powers was given by Milt Hyams. Milt said we were making good progress
getting all the documents asked for by the Judge and a new court date will
be set soon to proceed with the petition.
- Update to the Board regarding the progress and the strategies for getting
closure on the “Gas station” property was discussed. The update was
delivered by Pete Hutchins who explained what actions have been taken thus
far and what costs were being applied to this closure process.
- Jim Davisson was asked to leave while the Board discussed the Management
transition from the retiring Rich Wilson and the prospective incoming
manager Jim Davisson.
- Executive Session - discussion commenced on the transition between
managers, retiring Rich Wilson to incoming manager Jim Davisson.
- President of the Board, Bob Thomas, discussed the date and time of the
next Board of Directors meeting. It was agreed to be July 7, 2007 at 9:00
am. just prior to the annual General Property Owners meeting.
The meeting was adjourned
Respectfully submitted,
James H Davisson, acting Secretary
Contact Lake Tahoe Park Association
Physical Address
Tahoe Park Beach, Pier & Common Areas
1700 Sequoia Avenue, Tahoe City, California, 96145 (map)
E-mail: Management - Jim Davisson
E-mail: Association Accounts & Administration
E-mail: Tahoe Park Beach, Pier & Common Areas
Association Mailing Address
P.O. Box 5771, Tahoe City, California, 96145
E-mail: The Board
| Beach Telephone: (530) 583-3820 |
Manager's Telephone: (530) 583-2859 |
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Fax: (530) 581-4275 |
URL: http://www.laketahoeparkassociation.com/mtgminutes051907.htm
Last modified:
02/12/08
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