LANSBROOK MASTER ASSOCIATION, INC.
MEETING MINUTES
Board of Directors Meeting
Monday, October 28, 2002

    1. Call to Order:

    The Lansbrook Master Association (LMA) Board of Directors meeting was called to order by Vice President Jack Speckman at 7:20 PM at Melrose Management Group office, 3974 Tampa Road, Suite B, Oldsmar. Other directors present were Vicky Benedon, John Brunton Jr., Gary Gilchrist, and Bill Showalter. Absent were President Doug Gates and Director Doug Jacke. A quorum was established. Also present were Barbara Mathews of The Melrose Management Group, Stu Hazard, LMA Maintenance Supervisor, Mikel Davis, A.F.C. Systems, Inc., 8020 East Broadway Avenue, Tampa, FL, who answered questions of the board members prior to the meeting concerning the proposed new Lansbrook Park security gate and three delegates/homeowners.

    2. Approval of Minutes:

    The minutes from the meeting of September 24, 2002 were approved as presented.

    3. Financial Report:

    Treasurer Bill Showalter provided an overview of the LMA financial status as of the end of September 30, 2002. Additionally, a certificate of deposit valued at approximately $112,000.00 with Southtrust Bank is nearing expiration. It was approved to split the renewal between Southtrust Bank and Raymond James to ensure the face value did not exceed the $100,000.00 FDIC insured amount.

    4. Committee Reports:

    A. Security - No activity

    B. Parks: - A further discussion was conducted concerning the bid submitted by A.F.C. Systems on the proposed new security gate at Lansbrook Park. The bid of $13,991.00 plus the following additional options or costs were approved by the board (except Gary Gilchrist who had not reviewed the specifications prior to the meeting but will accomplish the task within 10 days and provide feedback to Melrose Management Group):

    1. Alt #1 - surge protection devices - $225.00
    2. Alt #6 - 2300 access key cards @ $3.75 = $8,625.00
    3. Installation of telephone line - cost unknown
    Total cost of project is not to exceed $30,000.00

    5. Business Items:

    A. It was decided to defer establishment of Capital Improvement Reserve account until President Gates is in attendance.

    B. The use of the Lansbrook logo in the News and Views quarterly publication will tentatively be approved for use by HOA Publications. However, HOA Publications will be asked to a) provide a draft of an agreement for review by the LMA attorney. b) reimburse the LMA/attorney for the legal fees associated with the review.

    C. The LMA annual meeting will be November 11, 2002, 7:00 p.m. at the Lutheran Church of the Resurrection.

    D. The Lynnwood entrance sign specifications were approved pending final approval by Pinellas County.

    E. It was suggested by Vice President Speckman that all board members observe the decay of the trees near the main entrance of Lansbrook in anticipation of replacement / removal.

    F. All board members are asked to provide Doug Jacke with their proposals on what should be included on the LMA web site.

    6. Member Questions/Input:

    Discussions were held on the LMA web site, study on tennis courts and having an informal social for all sub divisions Boards of Directors in late January 2003.

    7. Adjournment:

    The meeting was adjourned at 8:25 PM.

    Minutes recorded by:
    Gary L. Gilchrist
    Secretary

   

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