JUNE 16, 2005

The following Directors were present:

Mike Zimmerman

Ron Cooper

Joe Fisher

James Call

Also present was homeowner Ed Enders. 

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 April 14, 2005 Board of Directors meeting were distributed and reviewed. Joe Fisher moved to approve the minutes as written. James Call 2^nd the motion. The motion was approved.

The current receivable report was reviewed.

The 2005 year-to-date financial reports and reserve analysis were distributed and reviewed. A brief discussion was held on ACS paying for electricity used by their equipment. Ron Cooper moved to amend the lease with ACS to require monthly payments on the electricity. James Call 2^nd the motion. The motion was approved. The financial reports and reserves were approved as presented.

Joe Fisher reported that the wall paper has been ordered however there was a delay with the supplier.

Ron Cooper reported that he was contacted by the Anchorage Fire Department, who told him that the Association would have to install a sprinkler system in the building within the next 10 years. Nothing has been received in writing from the Fire Department yet.

A proposal from Simplex Grinnell for the repair of the fire alarm system was reviewed. Ron Cooper moved to approve the proposal. James Call 2^nd the motion. The motion was approved.

The regarding of Dahl Lane was discussed. Joe Fisher reported that he had already contacted the Municipality and requested to have this done.

Comments were made that a lot of residents were unhappy with the janitorial service. It was unanimously decided to start soliciting proposals for janitorial services and to make a decision over email as soon as proposals are received. The current contractor will be terminated at that time.

Ed Enders commented that J&K PowerVac still has not picked up the equipment they used for duct cleaning. The managing agent will follow up with them.

A proposal from Electric, Inc. to replace ballasts in the building was reviewed. James Call moved to approve the proposal. Ron Cooper 2^nd the motion. The motion was approved.

A memo from Lillian Lack, suggesting renting two of the parking spaces on the south side of the building was reviewed. Decided not to.

Joe Fisher reported that he had contact Game and Fish Department about the problem with the pigeons at the building. Game and Fish will trap and/or shoot pigeons and keep the situation under control for 6 months at a cost of $600. Unanimously approved.

The next meeting of the Board of Directors will be held on Thursday, August 25, 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 7:25 p.m.