Meadows Board Meeting

December 17, 2007

 

Attendees:  Audrey Irwin, Dee Perry, Curt Corrigan, Louie Beaupre, Ann Goldfarb, Steve Boselli, Richard Leddon, Dale Mood

 

  1. Minutes from November were unavailable and will be approved in January.
  2. 2008 Budget Presentation – Steve and Dale

 

We spent $24,000 on year end capital expenditures (grills, nets, swim team tent, tree trimming, etc.)

 

As we close out the year we will add approximately $38,600 to bank for a total cash balance of approximately $168,358.

 

Louie now has a template for projected capital and repair expenditures.  He will get with Dale and start working out the numbers.  The information will be brought to the board for a future discussion. 

 

The tennis committee wanted to confirm that the budget could be adjusted later in 2008 to allow for the possibility of bringing the tennis director in-house.  Yes it can.  The tennis committee will meet off-line before making any recommendations.

Steve will add a line item for the platform tennis application to the city with a budget of $5000.  This application was previously approved by the board.

Any strategic items that are planned as the year progresses will be added to the budget as approved.

 

  1. The budget was approved with the $5000 amendment.
  2. The board voted not to raise dues for 2008.
  3. The next board meeting with be January 22, 2008 7:00 PM at Dee’s house.
  4. The board conducted final interviews and voted on a new General Manager.