APRIL 17, 2006

The following Directors were present:

Mike Zimmerman, James Call and Ron Cooper. Also present was homeowner Martha Shields

A quorum being present, the President, Mike Zimmerman, called the meeting to order at the hour of 6:01 p.m.

The owner of FIRE SERVICES, Ross Flosburg (former fire marshal), gave a presentation to his investigation of the Municipal Ordinance placed on the Association. The Ordinance ordered the Association to install a sprinkler system for the whole building. Mr. Flossburg stated that the Municipal ordinance was not valid for two reasons. 1. Building is not a high-rise in that the finished floor is under the height required for sprinkler system. 2. Current citation is considered for “new construction”. The owners of Woronzof do not have to pay any special assessment to sprinkler the whole building and the Fire Marshal, Bridget Bushue and inspector James Gray issues a new notice (#06-0819-JG) that rescinds the requirement for sprinklers.

The minutes of the 2005 Annual and September 2005 Board of Directors meeting were distributed and reviewed. James Call moved to approve the minutes as written. Ron Cooper 2^nd the motion. The motion was approved.

The current receivable report was reviewed. Ron Cooper moved to approve the report. James Call 2^nd the motion. The motion was approved.

The March financial reports and reserve analysis were reviewed. James Call would like the Board to consider Internet Banking. Internet Banking interest rate is currently 4.89%. Ron Cooper moved to approve the financial reports. James Call 2^nd the motion. The motion was approved.

A discussion was held on the lot located 1101 Fireweed Lane. The property owner is encroaching on Woronzof property line. The owner has presented an offer to purchase the land. The Board has reviewed the offer and declined. The managing Agent will notify the owner of 1101 Fireweed Lane of the Boards decision.

The next item of business, Ron Coopers request to obtain title rights to the two storage rooms at the NW corner of the basement, which Cooper Leasing currently occupies. The Board reviewed his request and approved pending Managing Agents research of the Declaration.

Ron Cooper moved to approve the March financial reports and reserve analysis. Joe Fisher 2^nd the motion. The motion was approved.

Correspondence for the Association was reviewed.

The Board would like to appoint homeowner Martha Shields to the Board of Directors. James Call moved to accept Martha’s request to serve as a director and designate her for parking lot enforcement officer. Ron Cooper 2^nd the motion.

An estimate from Econo Painting to seal window flashings was reviewed. The Board tabled this proposal pending investigation of location of leak could be determined.

The Board was asked to install a mirror in the elevator lobby for security reasons. The Board discussed this possibility and would like to have a mirror situated not in the elevator lobby but above the main lobby door. This will provide the best visual vantage point for the main lobby. James Call moved to have a contractor install the security mirror above the main lobby door. Ron Cooper 2^nd the motion. The motion was approved.

The next meeting of the Board of Directors will be held on Thursday, May 18, 2006 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 8:06 p.m.