The Landings Management Association, Inc.

Minutes of the Board of Directors Meeting

October 2, 2003

 

Call to Order

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

Determination of Quorum

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

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 September 3, 2003 Board of Directors Meeting 

Hearing no objections, the minutes of the September 3, 2003 Board of Directors Meeting were approved. 

Presentation Made by Peoples Community BankLona Voigt of Peoples Community Bank made a presentation of her bank’s services as they relate to community associations.  Her bank has no fees for banking services such as checking, money market, lock box and other related services. 

President’s Report

No report 

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.)

 Two incidents involving the gates coming down on vehicles occurred this month resulting in vehicle damage.

 A motion was made by Don Smally, second by Fred Stanyer to reimburse Mr. Peter Straw of 5125 Flicker Field Circle for $738.54 for damages to his vehicle caused by a malfunctioning gate.

The motion passed unanimously.

 A motion was made by Don Smally, second by Eli Chatson to reimburse Mrs. Edith Schmitz of 2626 Trinidad St., Sarasota, FL  34231 for $577.80 for damages to her vehicle caused by a malfunctioning gate.

The motion passed unanimously. 

Safety and Security Committee

No report. 

Landscape Committee

Fred Stanyer reported oleanders have been cut to allow for visibility at Starling Drive and Landings Blvd., and pepper trees have been trimmed at Kestral Park Circle.

 

Roads and Drainage Committee

Don Smally reported that we will be working with Merle Raber on the ditch clean out.  Drainage continues to be a problem in some areas near the Eagles Nest Area.  Don offered to meet with homeowners to discuss possible solutions.  He reported that the next road to be paved will be Landings Boulevard and will be working again with Minder and Associates this fall to provide engineering drawings. 

Lakes Committee

No report. 

Nature Trail

Jim Faix reported that the nature trail is in need of mulch or crushed shell to curtail the mud and washout on the trail.  The consensus of the Board is to purchase crushed shell and have United Lawn Service spread the material. 

Public Relations Committee

Dee Ricapito reminded the Board that the Second Annual “Welcome Newcomer” party is scheduled for Tuesday, October 23, 2003. 

Old Business

Discussion Regarding South Gate Hours

A discussion took place regarding the south gate hours.  Earlier this year the Board experimented with extending the closing time of the south gate from 8:00 PM to 10:00 PM.  After discussion the consensus of the Board is that 10:00 PM is a good time to close the gate.  Jim Faix was asked to have the sign changed to reflect the new hours of operation. 

New Business

Change of Banking RelationshipAfter discussing the presentation made by Peoples Community Bank, the Board felt a change to a new bank would save the Association money with services that do not require compensating balances or per item charges. 

A motion was made by Bob Capo, second by Dee Ricapito to change all existing banking relationships with Wachovia Bank to Peoples Community Bank.

The motion passed unanimously. 

Introduction of 2004 BudgetA draft of the proposed 2004 budget was discussed for accuracy of the line items.  The budget will be voted upon at the November meeting. 

Adjournment

The meeting was adjourned at 8:15 PM.  The next meeting is scheduled for November 6, 2003. 

Respectfully submitted, 

 James M. Faix, Acting Secretary