09 December 16, 2015

TANGLEWOOD HOMEOWNERS ASSOCIATION OF SEBRING, INC.

 BOARD OF DIRECTORS MEETING

 Date:   December 16, 2015

The monthly meeting of the Board of Directors was called to order by Don Toth at 7:00 PM. in the Tanglewood rec hall, bingo area.  Don Toth led the Pledge of Allegiance to the flag.  To reaffirm the HOA purpose, Don Toth reminded the assembly that all residents are welcome to the meeting.  Although the meetings are closed to all others including employees of Home Town America, Don introduced HTA Manager Tammy Martin as our Guest, and explained that Tammy was not present to field questions.  Don stated that we understand how difficult Tammy’s job can be and expressed the appreciation of all of the residents for the fine job she has done this past year keeping the best interests of all of the residents at heart.  Wishing her a Merry Christmas, Don presented a bouquet of roses.
Following the presentation, roll call was taken by Nancy Gallagher. Present: Don Toth, Jack Nelson, Bob Cartwright, Charlie Coupe, Judith Eckstein, Bruce Eberly and Nancy Gallagher.  Merritt Wiley and Janet Peterson were absent. Don announced the presence of a quorum.
Don Toth asked for a motion to accept the minutes from the November 18th HOA Board meeting. Jack Nelson made a motion to accept the minutes as written which was seconded by Judith Eckstein and passed by all Board members.
OFFICER REPORTS
President’s report: Don Toth
Executive Vice President’s report:  Jack Nelson had no report.
Secretary’s report:  Nancy Gallagher had no report.
Treasurer’s report:  Bob Cartwright reported that the beginning balance at November 1 was $13, 355.28.  Deposits of $2,960.00 were received, and expenditures of $1,198.45 were made.  The closing balance was $15,116.83.
Don Toth asked for a motion to accept all officer reports.  A motion to accept all officer reports was made by Jack Nelson, seconded by Judith Eckstein and passed by all Board members.
COMMITTEE REPORTS
Don Toth asked for committee reports:
Acquisition:   Nothing to report
Amenities: Charlie Coupe reported the Amenities Committee is continuing to monitor the amenities thru out the park. Monthly meetings are being held with the park manager to discuss what has been accomplished and what new items have been added to the list that requires attention. His report dated 16 December was recited to the membership including items that have been completed, items under contract, capital expenses that have been approved and pending capital expenses.  This report is posted on the HOA bulletin board.
Comments and SuggestionsJudith Eckstein presented this report in the absence of Janet Peterson.
Nominations and Elections committeeNo report
Property rentsNo report
Re- sales and Rentals committee: Judith Eckstein reported that for the three months of September, October and November, 16 homes have been sold and average sale prices are increasing.
Statutory Committee: Don Toth had nothing to report.
NEW BUSINESS:  None to report
UNFINISHED BUSINESS:  Jay Etherton, a new member of the board was introduced and we welcome him.
OLD BUSINESSLetters correcting the 2016 rental increase for 13 homes in the Outback were sent.
Don Toth asked for a motion to adjourn the meeting at 7:55 P.M. Jack Nelson made a motion to adjourn the meeting; it was seconded by Judith Eckstein and passed by all Board members.
Don Toth asked for comments and discussion from non-director members of the association present at the meeting.

Respectfully submitted

Nancy Gallagher, Secretary