Lums Pond III Maintenance Corp.

May 21 2008 Meeting Minutes

Jul 15, 2008

Lums Pond Estates III ?– Maintenance Corporation
P.O. Box 259, Kirkwood, DE 19708
BOARD OF DIRECTORS MEETING

Meeting - MINUTES
May 21, 2008

Meeting was held at the home of Steve Rann.

Role Call
Steve Rann
Rich Hardin
Chris Voss
Chris Douglas

Opening Remarks
At 7:30 p.m., we determined a quorum was present

Minutes
Secretary read minutes from 4/30/08 meeting

Treasurer?’s Report
Received $2,310.00 in assessments since 4/30/08. Pratt Insurance received $829.00 for Directors and Officers insurance on 4/17/08. This pays for $1mm insurance coverage from 5/4/08 to 5/4/09. Currently four (4) homeowners are delinquent with payment of their assessments. If they are still delinquent on 5/31/08, Chris Voss will contact Gail to add them to the delinquent list and Steve will contact our attorney, Don Gouge. Chris will also contact Countryside to get a ?“clean?” contract for LPE3 landscape maintenance.


Committee Reports
None

Old Business
Communications
- Website address is www.neighborhoodlink.com. Enter ?“19701?” and select Lums Pond Estates 3. Website has been updated.

Storm Water Ponds
o County Engineer inspected ponds and found they are working and sediment is not an issue at this time. We were instructed to keep up regular maintenance. The LPE3 Board approved Countryside to continue minimum maintenance. The approved LPE3 budget set aside $1,900 for minimum maintenance, which consists of two (2) pond cleanups. In one year, the County Engineer will return for the next inspection.


New Business
- Received two requests for architectural reviews
- Garage/yard sale ?– May 31, 2008
- Board members will walk through the neighborhood and distribute flyers advertising LPE3 website
- Speed bumps to be considered. Rich looking into costs.
- Trash dumping reported on W. Peace Court ?– police matter.


Next Board Meeting: Wednesday, 6/25/08 ?– 7:30 p.m. at Steve Rann?’s house

Meeting adjourned at 9:30 p.m.

Respectfully submitted,

Chris Douglas
Secretary