FEBRUARY 15, 2005

The following Directors were present:

Mike Zimmerman

Ron Cooper

Joe Fisher

James Call

Earl Metier

A quorum being present, the meeting was called to order by the President, Mike Zimmerman, at the hour of 6:00 p.m. 

The minutes of the November 23, 2004 Board of Directors meeting were distributed and reviewed. Approved as written. The minutes of the November 23, 2004 annual meeting were reviewed for informational purposes only. 

The current receivable report was reviewed. 

The January financial reports and reserve analysis were reviewed. Earl Metier moved to approve the receivable and the financial reports. James Call 2^nd the motion. 

Correspondence for the Association was reviewed. 

A discussion was held on a repair of a flashing at the rooftop. The managing agent reported that Econo Painting submitted an estimate to repair the flashing for approximately $650. Decided to have this done as soon as possible. 

The next item of business was the wall paper replacement. Joe Fisher will be working on this project. 

A discussion was held on the pigeons between the Woronzof and the Black Angus Market. The managing agent was asked to send a memo to Black Angus, informing them of the Association’s intentions to close off the gap between the building with chicken wire and to obtain a quote to do so. 

The next item of business was the building security. Multiple instances of vandalism have been reported. Several options, including but not limited to re-keying of the building, installing of a security system, to make the building more secure were discussed. Unanimously decided to re-key the building. The managing agent will place a note in the newsletter. 

A brief discussion was held on the parking rules. It was decided to place a “do not idle” sign by the fresh air intake. 

A possibility of removing the snow from the property was discussed. The managing agent will obtain a rough estimate from the snowplowing contractor. 

The next meeting of the Board of Directors will be held on Thursday, April 14, 2005 at the hour of 6:00 p.m. in the 2^nd floor conference room. 

Being no further business to come before the Board to discuss at this time, the meeting was adjourned at the hour of 7:35 p.m.