TIME & PLACE:  7:00 PM on Thursday, November 5, 2015 at the Moorage Office (C-7) located at 2630 N. Hayden Island Drive, Portland, Oregon, 97217

Board Members Present:

• Mr. Rick Ruffo, President
• Ms. Nancy Lindgren, 1^st Vice President
• Ms. Jory Abrams, 2^nd Vice President
• Ms. Ann Jacobsen, Treasurer
• Mr. Walt LeDoux, Secretary (Call In)

 Order Of Business

• Call to Order

• The President called the meeting to order at 19:02 and determined there was a quorum with all members present.

• Reading & Approval of the Minutes of Previous Meeting

• The Secretary had e-mailed minutes from the previous meeting(s).
  • Regular Board Meeting

• Motioned, seconded and passed unanimously to approve the previous Board Meeting  minutes.

• Treasurer’s Report

o   All HOA fees are current.

o   October Water $4,521.57

§  MTD @ 90.4% of budget and YTD @ 81.9% of annual budget.

o   October (paid Nov) Landscaping $2,891.00

§  MTD @ 125.7% of budget and YTD@ 76.8% of annual budget.

o   Annual Insurance Payments:

§  Directors & Officers - $1,169.00.

§  Ocean Liability, Ocean Docks, Warves, & Piers - $26,285.00.

§  Discontinued Liberty Mutual Terrorism Insurance.

§  YTD 87.2% of budget.

o   MTD Total Expenses  are 88.3% of budget.

o   YTD Total Expenses are 64.7% of annual budget.

o   October Cash Reserves are $454,840.82 with Schwab.

§  Cash balance is $150,840.42.

• Full Financial report is filed with Minutes.
• Motioned, seconded and passed unanimously to accept this Treasurer’s Report.

• Old Business:  Standing Committee Reports

• Facilities & Grounds – Jory Abrams

§  Honey Pots – All 18 cleaned – billing in process.  Most got recommendations for high water alarms

§  Pump Station Breakers – As breakers were being replaced, 1 pump shut down for the Jam condition.  Walt will add a warning to the new member letter about dis-allowed sewage items.

§  Lights – CW converting many lights to LED and will drill drains in all fixtures.

§  George is Reading Sewage Meter

§  Standoffs/piling followers – taken care of & billed to home owners

§  Storm Water Charge Discussion - meeting on this matter next Tuesday.  Jory is willing to attend but we should just keep a low profile.

o   Fire, Security And Safety – Nancy Lindgren

§  Standpipe repair –Valve replaced on standpipe, total cost was $187.  Hole in underwater pipe repaired for $250 but the pipe is rusted so no guarantees it will hold under pressure

• Architectural Review – Walt LeDoux

§  Email sent to 53 concerning delay in project completion.   Response back from them was that they never agreed to a completion date.  While the BOD won’t pursue this further, neither the BOD nor the ARC have a desire to negotiate with homeowners on agreements to or over ARC conditions.

 o   By-Laws, CC&Rs And Rules – Ann Jacobsen

§  No Report.

o   Violation & Adjudication – Rick Ruffo

§  Vehicle & Boat Issues

·         Uhaul van & Derelict Boat – Walt will compose a letter to #37 for BOD approval.

·         White van & late night noise/confrontation episode – Walt will compose letter to #34 for BOD approval.

• Other

§  Parking of vehicles on drive outside gate by Business Park Tenants.  Rick is addressing issue with Business Park operator.

• New Business

• Possible BOD candidates who have expressed interest.

§  George Heiskell

§  Other interested ones as well.

§  Walt will email each with info.

• Adjourn:  Motioned, seconded and passed unanimously to adjourn meeting at 2009 (8:09 PM).

• Next Planned BOD meeting scheduled for Thursday, December 3, 2015 at 7:00 PM (Walt is traveling).