TIME & PLACE:  7:00 PM on Thursday, April 7, 2016 at the Moorage Office (C-7) located at 2630 N. Hayden Island Drive, Portland, Oregon, 97217

Board Members Present:

• Mr. Rick Ruffo, President

• Mr Brad Pendergraft, 1^st Vice President

• Mr Jim Pidgeon, 2^nd Vice President

• Ms. Nancy Lindgren, Treasurer

• Mr Walt LeDoux, Secretary (Call In)

Board Members Absent

• None

Order Of Business

• Call to Order

• The President called the meeting to order at 19:03 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.

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

• Treasurer’s Report

• All HOA payments received for March.

• March Water $6,246.14.

• MTD @ 97.6% of budget and YTD @ 109.9% of budget.

•  February paid March Landscaping $2,585.00.

  • MTD @ 99.4% of budget and YTD @ 100.1% of budget.

• MTD Total Expenses for March were 98.3% of budget & YTD Total Expenses are 106.5% of budget.

• March Cash Reserves are $457,861.25 with Schwab.

  • Cash balance is $57,861.25.

  • Cash Balance includes Tax & Insurance Set Aside of $19,998.00.

• Purchased Whitney Natl Bank NY, $50,000, .7%, 4/20/2017.

• Motioned, seconded and passed unanimously to accept this Treasurer’s Report.

• Old Business:  Standing Committee Reports

• Facilities & Grounds – Jim Pidgeon

·         Dumpster Issues – Sec will send reminder to all - Rugs, Old Blinds, Old planters, Etc are not to be dumped in the dumpster.

·         Groundskeepers ask that vehicles be parked at least a foot from the curb (so as not to overhang) to avoid interference with the sprinklers.

·         Spring Clean up – Proposed June 11 – Sec to send out email asking for volunteers.

·         CW will be working on new replacement ramp lights

 o   Fire, Security And Safety – Brad Pendergraft

§  Gate between garages will be locked or bolted closed.

§  Stop Sign & speed limit – Lengthy Discussion. Brad will Research options again.

§  Commercial vehicle parking – still an issue and BOD had a lengthy discussion – Walt suggested we readdress Rules Para 5.

• Architectural Review – Walt LeDoux

·         Slip owner with fascia board into gas line – ARC will send letter

 o   By-Laws, CC&Rs And Rules – Nancy Lindgren.

§  No report

o   Violation & Adjudication – Rick Ruffo

§  No report

• Other

§  Water issues with city – Brad will address with Roy (21).

§  Sec to send email asking for volunteers for committees.

§  Walt suggested that as a general solution to dumpster, parking, speeding issues we could install a few “critter cams” – cost @ $50 each and they could be moved around..

• New Business

• Placeholder

• Adjourn:  Motioned, seconded and passed unanimously to adjourn meeting at 2100 (9:00 PM).

• Next Planned BOD meeting scheduled for Thursday, April 7, 2016 at 7:00 PM.