La Reata Ranch September 10, 2006 Board Meeting Minutes
Call to Order 4:00 PM
August 2006 Minutes are approved.
Boyd- Reading of letter submitted by anonymous person regarding a concern of
dogs running loose in the neighborhood. The anonymous resident expressed a
concern that the CCR’s were not being enforced. The board will act by posting a
message on the website and in the next newsletter reminding all homeowners to
keep their pets leashed and penned up as required by sections 3.10 f the CCR’s.
Joy Dees will send out a meeting notification with agenda items to be voted on at
the October 28, 2006 La Reata business meeting.
Joy Dees- A compilation report (review of financial records) is being performed
by an outside accounting firm in accordance with section 8.07 of the CCR’s. Joy
is sending all requested documents to the 3rd party independent auditor.
a.Joy presented an updated profit &loss statement. YTD the income is 25%
higher than projected. Cash on hand is $79,940.32.
Discussion of CCR revision and park development committees
a.The CCR revision committee- Kevin Cochran will review the drafted
changes next week. Once reviewed a draft will be posted on the website.
Park Pavillion- Boyd expects to receive a committee report and a survey will be
completed by the next POA meeting to determine interest based on cost.
Pond Repair- Boyd received quotes, which seemed high. Boyd will obtain
another quote before board decides on a contractor.
Gates and fencing for nature trail. Quotes to prevent vehicular traffic on the
nature trail are in excess of $5K. The board feels homeowners could do this for
less than $500.00. The board will present this option at the next POA meeting.
Garage matter- the board received a letter back from the property owner stating
he/she will put one wall facing the street on the portico. The board expects to
receive a recommendation from the architectural control committee.