Present were:  Jim Cooper-President, Chris Brogan- Vice President, Biagio Simone – Secretary, Maurice Cronin – Treasurer, Ray McDermott- Director & Lesley Studholme- SCM.  A quorum was established.  

Guests- Will Leister

Jim Cooper called the meeting to order at 7:06 p.m. at the Health Center of Merritt Island.   

READING OF THE MINUTES

The minutes of the meeting of April, 2012 were read by Jim Cooper. Maurice made the motion to accept the minutes, Chris seconded and all were in favor. 

TREASURER’S REPORT

The treasurer’s report for the April period was given by Maurice Cronin- He provided details on the deposits, with drawls and ending balance for the Wells Fargo checking account.    He then included the Fidelity Reserve account deposit, interest and balance.  A motion to accept the Treasurer’s report as provided was made by Biagio.  Chris seconded and all were in favor.   The report is to be made an integral part of these minutes.  

MANAGER’S REPORT

Lesley Studholme of Space Coast Management submitted the manager’s report for April.  This report consists of tracking non compliance issues in Copperfield.   Owners have responded and the issues are either being worked on, or completed.  There were 15 delinquent maintenance fees still outstanding at the 2nd quarter billing. Lesley has been corresponding with lenders and owners to bring the accounts to date.  
Lesley also reported on the response regarding the status of 1811 Abbeyridge’s plans to build.  At this point, the owner needs to sell her existing property before she submits plans.  It was also noted, that a plan for the lands cape needs to be formulated and the tree that burned in the fire needs to be removed.

It was also noted that Maurice Cronin submitted his resignation starting June 1, 2012 as he has sold his home and plans to move.

COMMITTEE REPORTS

ARC–   Chris Brogan reviewed 1 ARA’s for the time period. One was on the spot – both have been approved.
   
ARCC-    Tom Loshe did submit an ARCC report which represents April activity   One ARA was completed and approved.  This report is an integral part of these minutes.

LANDSCAPE

There was no landscape report to submit.

OLD BUSINESS-

CD renewal – Will Leister indicated that the interest rate that Fidelity Title is offering is still the best deal with 1 year @ .3%.  The BOD suggested letting it roll over when it comes due.  Lesley will let Ray know when the paper work comes in.

NEW BUSINESS -

GENERAL QUESTIONS AND ANSWERS-   

Blaise made the motion to adjourn, Chris seconded and all were in favor at 7:56 p.m