Snake River Village
Board of Directors
Teleconference Meeting
December 6, 2001

The meeting was called to order at 5pm .  Board members present included Richard Grant, Jackie McDonald,  and Joe Lammert.  Charlie Papp and John Gardner were represented by proxy.

Mike Magliocchetti and  Casey Wood were present representing Key To The Rockies.

The first item discussed was the budget. 

Special Projects - In order to keep the dues the same the special projects account was reduced.  Most Special Projects have been completed.

Repairs & Maintenance - Casey is to move the appropriate special projects expenses from R&M to Special Projects and this will make R&M come in at budget.

-          Heat tape is to be installed on buildings 5 & 7.  This will not fix the problem of ice accumulating on the roof but it might help.

-          Mike to follow up on Keystone paying for the 2001 Culvert Repairs Refund.

Management Fee – The Management Fee was increase by 16% per unit.  This is what was agreed upon by Mike and Mr. Grant.

Insurance – Insurance is being put out to bid.  Proposals will be reviewed at meeting on February 3, 2002.

The new budget pass unanimously.  Letter and new dues schedule to be mailed out asap.

The lights at the dumpster are too bright.  Falcon Electric is looking into new fixtures for Mike to look at.  Mike to have a solution by Christmas.

The Board would like to take the proactive step of installing kick plates on each door.  Jackie is to pick up samples she thinks will look good and bring them up to SRV.

Two Board Positions are available in February.  A letter to all homeowners will go out encouraging participation.  Both Joe Lammert and Richard Grant will run again.

Mike to compose letter reminding homeowners of Annual meeting on February 3, 2002.  Letter is to include 2 board positions available, volunteer or nominate by the 1^st week of January.

2^nd Letter Mike is to compose for the Homeowners is about the people running for the board so they can fill it out on the proxy.

Rules and Regulations are to be mailed out to all Board members for review.

Boiler Inspections – Should they be inspected every year to assure good working order.  Mike to obtain bid to have all boilers inspected.  What would each check involve.  Mike to also establish a system to check and bill by Locals Choice Plumbing Company.

Christmas Lights to be strung around SRV.

Adjourn at 5:45pm

Feel free to contact us with any questions or comments you may have!