The Landings Management Association, Inc.

Minutes of the Board of Directors Meeting

September 4, 2003

 Call to Order

The meeting was called to order by Larry Spelman at 7:00 PM at the Landings Racquet Club, 5350 Landings Boulevard, Sarasota, Florida.

 Determination of Quorum

Present were Larry Spelman, Eli Chatson, Bob Capo, Dee Ricapito, Jerry McFadden and Fred Stanyer constituting a quorum.  Don Smally, Ted Humphrey and Ray Rakoff were absent.  Also present were Jim Faix of Argus Property Management, Inc. and 2 homeowners.

 Confirmation of Proper Meeting Notice

The notice was posted in accordance with the Bylaws of the Association and requirements of Florida Statutes.

 Appointment of Acting Secretary

A motion was made and second to appoint Jim Faix as Acting Secretary for the meeting.

The motion passed unanimously.

 Approval of Minutes of August 7, 2003 Board of Directors Meeting

 Hearing no objections, the minutes of the August 7, 2003 Board of Directors Meeting were approved.

 President’s Report

The President indicated that he has no report but that Mrs. Barbara Shertok requested to be heard by the Board.

 Mrs. Shertok requested that the Board include email addresses in the next issue of the Green Book directory for the Landings.  She is hearing impaired and feels this is a very important form of communication for her.  She feels it would be important for others too.

 The consensus of the Board is to have an opinion question placed in the Landings Eagle before considering this for a vote.

 Treasurer’s Report

Bob Capo presented the Financial Report.  So far, the Association is approximately $43,000 ahead of budget and the organization is still in good shape.

 Management Report:

Jim Faix presented the Management report.  (A copy of the Management report is attached hereto and made a part of these minutes as Exhibit A.)

 Safety and Security Committee

No report.

 Landscape Committee

Fred Stanyer reported that the landscaping is healthy and that most of the work for this year has been completed.  He is somewhat over budget for year to date, but he is under budget for the year.

 Roads and Drainage Committee

No report from the Committee Chair, but Jim Faix reported that repairs will be made in mid-September at the right hand inbound lane at the main gate.  The stamped concrete has failed and is causing problems with the vehicle detection loop.  Don Smally has authorized the repair that should shut down that lane for about 4 to 5 days.

 Lakes Committee

Jerry McFadden reported that Lake #1 needs to be treated again for excessive growth of water lilies but will have to wait for the rain to stop.  The flow of water through that lake is too swift for the chemicals to work.  A fountain motor has been replaced under warranty and another fountain repaired because of ants in the circuitry box.

 Nature Trail

No report.

 Public Relations Committee

Dee Ricapito reported that the Second Annual “Welcome Newcomer” party originally scheduled for October 9 for both LMA and LRC has been rescheduled for Tuesday, October 23, 2003.

 Old Business

None

 New Business

None

 Adjournment

The meeting was adjourned at 8:00 PM.  The next meeting is scheduled for October 2, 2003.

 Respectfully submitted,

 James M. Faix, Acting Secretary