Meeting called to order by Phil Masser at 10:07am

Minutes from last meeting accepted
Board Members present

Josephine Rounds, Kirk Stevens, Phil Masser, Bob Adams,
Jerry Gossett, BobHoldreith, and Jay Wend

Board Members absent - none

Treasurer report by Jay Wendt.

All unit dues collection paid to current.

Budget 2000 summary:

• Expenses are expected to increase by $5,000 in 2000 due to the following: expect electrical usage to increase because the sprinklers are functioning and expect increase in lawn/snow maintenance.
• Budget 2000 will continue the practice of increasing our maintenance accounts by $5,000.
• One new expense item will be added: independant audit of finances and 1999 tax filing.

Insurance Policy

• Jay was notified that the Traveler's Insurance Company was not interested in renewing our policy.
• He contacted all local insurance providers and presented results to the board.
• Board voted unanomously to accept Jay's recommendation to award insurance contract to Auto-Owners Insurance.

Exterior Painting

Phil informed the board that the exterior painting originally planned for this Fall will be postponed till the Spring.

Next meeting Jan 15

Adjourned at 12:15