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GTIA
Board Minutes
Minutes
of the Green Trails Improvement Association
Board of Directors Meeting
Tuesday February 12, 2008
President, Peter Bakas called the meeting to order at 7:40 PM at
Kennedy Jr High School. Board members present: Peter Bakas, Joan
Dudas, Rodd Elges, Linda Gilbert, Marg Hough, Gerry Jackson, Julie
LaFond, Les Lavin, Board members excused: John Charicki, Pat
Coughlin-Schillo, Craig Donofrio, Rob Getz, Betty Long, Gail Robinson.
Board member absent: Terri Kolman. Management: Joe 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.
Board Motion: Rodd Elges moved to approve the minutes of the January
meeting, Julie LaFond seconded. The motion was passed by unanimous
voice vote.
Treasurer's
Report
In John Charicki’s absence, Joe Broda reviewed the January
Balance Sheet and Income and Expense Statement.
Board Motion: Rodd Elges motioned to accept the revised check register
expenditures of $6,360.70 for February, Julie LaFond seconded. Motion
was passed by unanimous voice vote.
Management recommends an investment of $75,000 in a six-month CD.
Board Motion: Joan Dudas motioned that management invest $75,000 in a
CD at a bank that may offer ˝% higher interest than the current
interest in the Wall Street checking account for a period not to
exceed six-months, Marg Hough 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 January in the
Torrey Pines conversion.
Management stated that $370,000 in 2008 assessments have been
collected to date, about 97% of total billed.
Management submitted amended copies of the committee roster to be
filed in directors’ binders.
Management secured the Village of Lisle board conference room for GTIA
board meetings in June, July and August. Change in location is due to
a summer fee of $135 per month for use of Kennedy Jr. High; the
Village of Lisle board room is free.
Notice was received from the Bankruptcy Court relative to delinquent
account AWC823. Payments will be made by the trustee’s office
covering the past due and current assessment amounts.
Management noted another delinquent account as sold to an individual
at a foreclosure sale. The new owner paid the prorated 2007
assessment and the 2008 assessment, however, the court did not
recognize prior amounts owed to GTIA: 2006 assessment $150, admin fee
$20, recording fee $80 and 2007 remaining assessment $154.02 and admin
fee $20. Management requested authorization to write off as
uncollectible, an amount of $424.02 on delinquent account OK2023.
Board Motion: Marg Hough motioned to write off as uncollectible, an
amount of $424.02 on delinquent account OK2023, Joan Dudas seconded.
The motion was passed by unanimous voice vote.
GTIA auditor, Robert Ripp, has begun work on the 2007 audit and tax
return. He will meet with the Finance Committee prior to the March
meeting to discuss audit results.
Management reminded Board members to be prepared to take a Board photo
at the next meeting.
Management provided a list of January 2008 newcomers. Board Directors
are encouraged to call on newcomers in their respective areas.
Finance Committee
No report.
Maintenance Committee
Les Lavin thanked Joe Broda, Gerry Jackson and Betty Long for their
assistance in taking down the remaining holiday lights.
Communications Committee
Marg Hough reported the Communications Committee met in January to
revise the policy regarding publication of GTIA minutes. Final
revisions to the policy will be submitted at the next Board meeting. Marg
noted a new article in the Pathfinder this month concerning fashion.
Parks
Committee
Marg Hough gave a synopsis of the January Lisle Park District Board
meeting. The soccer 3 on 3 tournament may return to Lisle this year
and there will be an expanded Movies in the Park season. Also, the
park district is looking at alternatives to the Meadows Center.
Nominating Committee
No report.
Old Business - New Business
Joe Broda noted that the Chamber of Commerce is soliciting sponsors
for their summer art project, which are wooden rain barrels at a cost
of $100 each. The consensus of the Board was to purchase one barrel
and request that the Chamber provide names of volunteer artists to
decorate a barrel for GTIA.
Joe Broda distributed nominations forms for the Village of Lisle
Pillar Awards for Trustworthiness, Respect, Responsibility, Fairness,
Caring and Citizenship. The deadline to submit a form that recognizes
an individual, group or business that reflects one of the six pillars
is April 5th. The only restriction is that the person nominated must
live or work in Lisle.
Board Member Area Reports
None.
Executive Session
Board Motion: Gerry Jackson motioned to adjourn to Executive session,
Rodd Elges seconded. The motion was passed by unanimous voice vote at
8:20 p.m.
Board Motion: Joan Dudas motioned to adjourn the Executive session,
Linda Gilbert seconded. The motion was passed by unanimous voice vote
at 8:28 p.m.
Adjournment
Board Motion: There being no further business, Marg Hough motioned to
adjourn the meeting, Gerry Jackson seconded. The motion was passed by
a unanimous voice vote; the meeting was adjourned at 8:30 p.m.
Respectfully
Submitted,
_____________________________
Paula
Gleason, Recording Secretary
Signature on File
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