LAKE FOREST PROPERTY OWNERS ASSOCIATION

STATED BOARD MEETING

February 16, 2006

The meeting was called to order by President Lawson.

Minutes for approval:

Minutes of January 19, 2006 Stated Board Meeting. Motion to approve by Jim Moss, seconded by Toni Fassbender. There was discussion about the contents by Brice Cocke. Motion carried.

Old Business:

Budget 2006 Approval: The 2006 Operations Budget was presented for approval. There was discussion about this at the Special Meeting of Feb. 2nd. Mr. Lawson asked for a motion to adopt the budget. Toni Fassbender moved to adopt the budget for 2006 with capital expenditures being approved by the board. The motion was seconded by Jim Moss. Brice Cocke noted that he was not at the special meeting and wanted to discuss the ability of the Interim Manager to spend capital moneys. It was discussed that large expenditures of a capital nature will require board approval.  The motion carried.

General Manager Replacement: Brice Cocke stated that he had reviewed the resumes for general manger and saw few that met his criteria. He also stated his position that we needed a permanent general manager.  Lawson repeated the actions of the board at the previous meeting. No action was taken.

New Business:

Scholarship Committee: Henry Lawson announced the scholarship committee needed to be established and the work they do needed to commence.  It was decided to establish the committee with Brice Cocke as the chairman; members were to be Ed Kirby and Joe Mosley. A motion was made to that effect. The motion carried.

Stable Contract: Mr. Lawson discussed the need to extend the contract with the operator of the stables. Ed Kirby moved to renew the contract. Seconded by Jim Moss. Discussion by John Peterson about the stable operator meeting the House and Ground Rules. Steve Jernudd noted that the stables are not listed specifically in the House and Ground Rules. No further discussion. Motion Carried.

Golf Projects: Brice Cocke brought to the board some projects on the Lake nine. There was a ditch or eroded area that is a concern. He presented quotes for the repair to the board. Brice Cocke talked about the projects and what was needed. Jim Moss stated that he visited the site and needed a manhole repaired. There was also mention of the bridge. A motion to table this item until more information was available was made by Jim Moss and seconded by John Peterson. Mr. Peterson wanted to establish whether this item was covered under the maintenance issue. Steve Jernudd stated that he would have Derrick Sammons look at the area. It was decided that more information would be gathered and the motion to table was withdrawn.

Complaint Letters to ADEM: Brice Cocke presented letters and pictures outlining the problems of upstream pollution entering the Lake. He read the fourth such letter of complaint to the board. Mr. Cocke asked that the board write complaint letters to ADEM. Mr. Lawson stated he thought no such letter was necessary and that we are discussing issues face to face with them. John Peterson said that as Lake Chairman he could contact ADEM to inform them that the LFPOA is aware of these letters and request from them information concerning their actions in response to the letters of complaint. A Motion was made by Ed Kirby to direct Mr. Peterson to contact ADEM about the letters and report back to board the information provided by ADEM on their actions regarding this situation. The motion was seconded by Toni Fassbender. The motion carried.

Improvement Committee: Jim Moss reported that the Improvement Committee had realtors visit them and discuss property in Lake Forest. From that he had suggestions about orientations being required for new buyers in Lake Forest. He invited the board to attend future meetings. Brice Cocke asked about the orientations. Mr. Cocke stated that the orientation is not required in the By-Laws. Mr. Moss stated that he is studying ways to do this.

 Committee Reports:

 Architectural:  Mr. Lawson gave out the report as attached.  There were 107 violations issued and 57 violations corrected.

 Building and Grounds: Ed Kirby discussed the bulkhead repair at the Yacht Club and the repair of the railing. Lawson asked about the bathroom building. Mr. Kirby stated that he is still getting information.

 Communications: Jim Moss stated that the Spectrum had some problems at the publisher. The website would be up and running within four weeks. Steve Jernudd reported that all Lake Forest properties would receive the Spectrum, including renters.

 Finance: Joe Mosley had no report. Delay in report due to switching of the systems. Steve Jernudd concurred that reports were getting generated and we should have them all in next week. 

Food and Beverage: Gerald Barrow is working on vendors to get better pricing.

 Greens: Brice Cocke gave a report.

 Lake: John Peterson spoke about meeting with state and federal agencies and this has led to ADEM approving funding for the Watershed Assessment. This will be a two-year study. He felt that this study would bring focus on our area to the state agencies. The next meeting will be March 3^rd.  He also mentioned the spillway structure and that additional information will be brought to the board. Mr. Cocke asked about an additional spillway on the south end of the dam. Peterson stated that he was trying to meet with the Corps of Engineer about spillway modifications. Mr. Lawson noted the effort of Mike Dubose in starting the process that led to the Study. Mr. Peterson noted the County Commission letter to ADEM about the Study. Mr. Peterson also reported an improvement to a streambed in Tiawasee Creek streambed. Mr. Cocke asked if Daphne was going to take the lake. Mr. Peterson stated that his discussions with the city indicated they would not take the lake. Jim Moss commented that the state spending on the study is significant.

Recreation: Vacant

Yacht Club and Marina: Toni Fassbender reported on the Marina and Yacht Club. Wet/dry slip rental. She also reported that the Valentine event is at the Yacht Club. There will be live music coming, also.

Member Comments:

Member comments were made by the following persons:

Dorothy Rankine

Tomasina Werner

Willie Robison

Carl Kaufman

Board comments were heard.

The meeting was adjourned.

_________________________________________

John W. Peterson, Secretary