TIME & PLACE:  7:00 PM on Thursday, July 7, 2016at 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

Board Members Absent

• None

Order Of Business

• Call to Order

• The President called the meeting to order at 18:57 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 June.
• Treasurers Note: All owners are encouraged to setup HOA payments on an auto pay.  Contact Nancy.
• June Water $6,513.89

• MTD @ 101.8% of budget.

• YTD @ 103.4% of budget.
•  Landscaping $1,175.50
  • Cleared remaining Vendor Payable balance of $472.50 which only recorded monthly expense as $703.00.
  • MTD @ 70.3% of budget.
  • YTD @ 97.0% of budget.
• Total Expenses
  • MTD Expenses 97.0% of budget.
  • YTD Expenses 101.8% of budget.
• June Cash Reserves are $481,641.93 with Schwab.
  • Cash balance is $211,641.93.
  • Cas balance includes Tax & Insurance set-aside is $40,002.00.
  • Purchased Real Bank, USA, .75%, 6/7/2016: $50,000.00.
  • Will purchase additional CDs in July.
• Full report is filed with minutes.

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

• Old Business:  Standing Committee Reports

• Facilities & Grounds – Jim Pidgeon

§  Request for Electrical Mod At Abrams garage – completed

§  Request for a 20A circuit into Gallagher Garage.

·         BOD will approve with conditions- Ampacity of the Panel, New wire for 20A – Metered – Wired by licensed contractor.

·         Walt will send letter to Gallaghers.

·         Changes or additions to garage electrical panels will still be on “First come-First Served” basis.

·         Moved, Seconded & passed with 4 of 5 yes votes.

§  Catch Basins?? Not addressed yet, Jim will call Landscaper.

§  Surface water management fees – JP will review plot plans with City

§  Submerged land lease – sent new inquiry on 6 Jul – we have til Sept.

o   Fire, Security And Safety – Brad Pendergraft

§  Gate Update – We still have a few glitches to iron out, owners who spot problems are encouraged to contact Brad or Jim for resolution.

§  Speed Bump update – we have one, just need to install it – also have a sign to install under the 15MPH sign.

§  Recent Inspections – Fire Extinguishers are all checked – Hydrants will be checked 7/8/16.

• Architectural Review – Walt LeDoux

§  Request for placement of Boat lift at #38 (Letter forthcoming).

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

§  Nancy presented a first draft of rules governing new & existing circuits in garages.

§  Rick suggested we include EV car connections in whatever rule we arrive at.

§  Also a good suggestion is to require all EV owners to install an “In-Line” usage meter if they want to use the regular garage circuit.

§  Commercial vehicle rules were also addressed.  Board agreed we may need to write guidelines for the BOD to determine whether a “commercial” vehicle could be addressed.

o   Violation & Adjudication – Rick Ruffo

§  No Report.

• Other

§  No Report.

• New Business

• Placeholder

• Adjourn:  Motioned, seconded and passed unanimously to adjourn meeting at 2054 (8:54 PM).

• Next Planned BOD meeting scheduled for Thursday, August 4, 2016 at 7:00 PM.