SEPTEMBER 7, 2006

The following directors were present: Ron Cooper, James Call, Ed Enders Martha Shields and Mike Zimmerman.

The following homeowner was present: Dave Keil

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

Homeowner Doug Keil reported the Association should invest in updating security features for the building such as: 1. Entry key cards. 2. Wireless digital security surveillance system. No motions were made.

Ed and Martha reported to the tenants occupying unit# 407 are in violation of several house rules. Ed Enders would like the Board to mail a letter to the owners with specific deadline to be in compliance. If they fail to comply, Ed would like the Association to enforce eviction of the residents in unit #407. Ron Cooper moved to mail a letter to notify the owners of the violation(s) of Associations House rules, allowing the homeowner to comply within a specific timeframe. If the homeowner fails to comply, in accordance of Landlord Tenant Act and Associations Bylaws request for eviction of tenants.

The minutes of July 20, 2006 Board of Directors meeting were reviewed. The date of the minutes read: June 20, 2006. Corrected: July 20, 2006. Ron Cooper with the corrections moved to approve the minutes. James Call 2^nd the motion. The motion was approved.

The August 2006 receivable report, financial reports and the reserve analysis were reviewed. James Call would like the Board to consider a savings account with Internet Banking. This was tabled till the next meeting. The Managing Agent requested clarification of two items, building equipment and utility deposit, on the balance sheet (page 12 of agenda packet). The Board would like the Managing Agent research further and report at the budget meeting. Martha Shields moved to approve the reports. Ed Enders 2^nd the motion. The motion was approved.

The topic of maintaining a business in the building was discussed. Ed Enders reported to the Board there might be possibility of unit owners who may be in violation. No motions.

Managing Agent was asked to do the following:

1. Add roof coating to spring agenda meeting

2. Include the elevator modernization to the reserve item spreadsheet.

3. Cooper Lease recorded with the Municipality with the amended change to include “cancellation clause”

4. Newsletter items: 1. Owner’s requirement to provide the Association of tenant information.

The next Board of Directors meeting will be the Budget meeting held Thursday, November 2nd, 2006. The time and location of the meeting is 6:00 p.m., in the 1113 W. Fireweed Lane. 2^nd floor conference room.

Being no further business to come before the Board to discuss, the meeting was adjourned at the hour of 7:48 p.m.