OWCAM

Board of Directors Meeting Minutes

January 26, 2010

CMI

2105 Southeast 9th Avenue
Portland, OR 97214-4690

 

 

PRESENT:

Board Members Present: Lisa Campbell, Steve Meyer, Ron Balash, Kathy Hutchinson

 

                      I.     CALL TO ORDER:

President Lisa Campbell called the meeting to order at 8:35am.

 

                        II.     Approval of Minutes:

MOTION: Director Balash made the motion to accept the 9/29/09 meeting minutes. Treasurer Meyer seconded the motion. Minutes of the September, 29, 2009 Board of Directors Meeting were approved unanimously.

 

                          III.     Financial Report:

Treasurer Meyer presented the Financial Report. Revenue is budgeted at $46,000, expenses at $36,780 leaving a profit of $9,220 at the end of 2010. There was a loss in net income in 2009 of $34,603.49.

 

                          IV.     Unfinished Business:

1.     OWCAM / CAI Letter of Response to combine organizations. Director Balash

will email a response letter to the Board for review. Discussion and decision to be

made at the next Board meeting.

 

                        V.     New Business:

1.     Ratify Approval of New Member.

MOTION: Director Balash made the motion to accept IHDE as a new member of OWCAM. Director Hutchinson seconded the motion. IHDE was unanimously accepted as the newest member of OWCAM.

2.     Board of Directors Vacancy. Board is undecided and tabled the decision for this meeting.

                          VI.     Reports of Committees

1.     Education & Certification:

a)     Review of Bylaws and Code of Ethics: Director Campbell reported that attorneys from Barker Martin and Rafel Law Group will provide a review of the Bylaws and Code of Ethics at no charge. If necessary, Board may propose an amendment to be voted on at the annual meeting.

b)    Annual Meeting Announcement: To be determined at the March Board of Directors Meeting.

2.     Annual Expo: A press release will need to be distributed to local newspapers (contact Cheryl Brindle to write). Wes Finchum will speak at the Expo on the status of the Education program. There are 43 booths/vendors and 47 mnagers registered for the event. Will have a manager, insurance agent and attorney panel explain the process to resolve 3 different types of water emergencies.

3.     Legal: Director Balash will discuss new HOA laws with Greg Coxey and have him make an engaging presentation reporting the legal updates at a member meeting.

4.     Marketing: Director Hutchinson is planning a meeting for interested members as soon as possible. A report on the committee meeting will be provided at the next Board meeting.

5.     Programs: No report.

 

                            VII.     Next Meeting

The next Board of Directors meeting will be in March. The exact date is to be determined.

 

                              VIII.     Adjournment:

The meeting was adjourned at 10:00am.

 

Respectfully Submitted,

 

____________________________________ ______________________________

Kathy Hutchinson, CMCA                            Date

Vice President, OWCAM Board of Directors