|
GTIA
Board Minutes
Minutes
of the Green Trails Improvement Association
Board of Directors Meeting
Tuesday January 8, 2008
President, Peter Bakas called the meeting to order at 7:30 PM at
Kennedy Jr High School. Board members present: Peter Bakas, John
Charicki, Pat Coughlin-Schillo, Craig Donofrio, Rodd Elges, Rob Getz,
Marg Hough, Gerry Jackson, Julie LaFond, Les Lavin, Betty Long.
Board members excused: Joan Dudas, Linda Gilbert, Terri Kolman, Gail
Robinson. Management: Joanne Broda. Paula Gleason was Recording
Secretary. A quorum was present.
Open
Forum
None.
Minutes
of the Prior Meeting:
Minutes of the prior meeting were reviewed. It was noted that the
date on page 2 under Management Report referencing replaced pines
should be Nov ’06 not Nov 6th.
Board Motion: Marg Hough moved to approve the minutes of the December
meeting as amended, Julie LaFond seconded. The motion was passed by
unanimous voice vote.
Treasurer's
Report
John Charicki reviewed the December Balance Sheet and Income and
Expense Statement.
Management recommends an investment of $150,000 in a six-month CD at
Lisle Savings Bank bearing 4.7% interest.
Board Motion: Rodd Elges motioned to accept the revised check register
expenditures of $6,349.58 for January, Marg Hough seconded. Motion was
passed by unanimous voice vote.
Board Motion: Betty Long motioned that management invest $150,000 in a
six-month CD at Lisle Savings Bank bearing 4.7% interest, John
Charicki seconded. The motion was passed by unanimous voice vote.
Management Report
Telephone log line items were reviewed.
Management noted that two more units were sold in the College Green
apartment-condo conversion.
Management reported that there were no new sales in December in the
Torrey Pines conversion.
Management stated that $245,000 in 2008 assessments have been
collected to date.
Management submitted copies of a new roster and committee sheet for
review. Revised sheets will be provided next month with contact
information changes and revisions to committees.
Management reminded Board members to be prepared to take a Board photo
at the next meeting.
Management provided a list of December 2007 newcomers. Board
Directors are encouraged to call on newcomers in their respective
areas.
Finance Committee
No report.
Maintenance Committee
No report.
Communications Committee
Peter Bakas again requested that the committee initiate publishing in
the Pathfinder the current GTIA summary of Board minutes, as submitted
by the recording secretary and prior to Board approval. The consensus
of the Board was in the affirmative for this initiative. Marg Hough
noted the Communications Committee will meet this month to revise the
policy regarding publication of GTIA minutes.
Parks
Committee
Marg Hough gave a synopsis of the December Lisle Park District Board
meeting. Julie LaFond will attend the January 18th meeting. Pat
Coughlin-Schillo agreed to chair the Parks Committee and passed around
a list to the GTIA Board members requesting volunteers to attend
upcoming Lisle Park District Board meetings.
Nominating Committee
No report.
Old Business - New Business
Joe Broda and Les Lavin volunteered to take down remaining GTIA
holiday lights at the sign across from Margaret Mary Church and at the
south sign next Saturday; Gerry Jackson volunteered to do the same at
Abbeywood/Naper.
Board Member Area Reports
None.
Executive Session
Board Motion:Betty Long motioned to adjourn to Executive session,
Julie LaFond seconded. The motion was passed by unanimous voice vote
at 7:55 p.m.
Board Motion: Julie LaFond motioned to adjourn the Executive session,
Pat Coughlin-Schillo seconded. The motion was passed by unanimous
voice vote at 8:08 p.m.
Adjournment
Board Motion: There being no further business, Rob Getz motioned to
adjourn the meeting, Marg Hough seconded. The motion was passed by a
unanimous voice vote; the meeting was adjourned at 8:10 p.m.
Respectfully
Submitted,
_____________________________
Paula
Gleason, Recording Secretary
Signature on File
|
