MINUTES OF THE BOARD OF DIRECTORS MEETING OF OREGON WASHINGTON COMMUNITY ASSOCIATION MANAGERS HELD TUESDAY, SEPTEMBER 9, 2003 AT 8:30 A.M. IN THE MEETING ROOM AT STERLING PROPERTIES.

PRESENT:      Cheryl Brendle, President; Ron Balash, Vice-Chairman; George Carter, Treasurer; Diane Wood, Secretary; Marshall Fant, Past President

BY INVITATION:  Rich Thompson, Affiliate Member; Lisa Campbell, Community Manager Member

I. CALL TO ORDER  The meeting was called to order at 8:40 a.m. by Cheryl Brendle.

II. APPROVAL OF MINUTES

AGREED  Marshall Fant made a motion, George Carter seconded it and it carried unanimously to approve the minutes from the July 8, 2003 meeting as submitted.

III.  FINANCIAL REPORT   Treasurer George Carter reported on the financial state of the organization. He noted that currently the organization has a balance of $15,793.00 in savings and a balance of $1,655.00 in checking. Treasurer Carter also made note that the organization is currently in the process of transferring to U.S. Bank.

IV.  COMMITTEE REPORTS
A.  MEMBERSHIP COMMITTEE  Rich Thompson reported he had recruited two new members, one being Jim Pierce, American Pipe Lining NW. Cheryl Brendle requested a list of new member applicants as welcome letters will be sent to them. Marshall Fant will prepare a certificate of membership for new members. Diane Wood suggested the Board members plan to prepare a summary of administrative procedures for the organization as a source of reference for future members.

B. EXPO  Lisa Campbell reported on the EXPO to be held on January 16, 2004 and reviewed the preliminary plan.

C.  ETHICS & PROFESSIONAL STANDARDS   George Carter scheduled a Committee Meeting on October 7, 2003 at 8:30 a.m. at his office.

D.  BOARD OF CERTIFICATION  Carter suggested this Committee be chaired by the Past President and the owners of management companies be invited to join the Committee.

E.  PROGRAMS  Rich Thompson suggested the new disclosure law be the topic at the OWCAM program scheduled for October 14, 2003 at Riverplace. Rich Thompson will email the new legislation to the Board and requested they provide recommendations of legal topics for future programs. The Cheryl Brendle suggested the rules for installation of satellite dishes be the topic for an upcoming program. It was discussed the meetings and programs thereafter are the EXPO in January, a Board Meeting in February and a program in March.

F.  2002 TAX FILING Cheryl Brendle reported Dave Schwindt, Schwindt & Co. will prepare the 2002 taxes at no charge.

G.  D&O APPLICATIONS   Cheryl Brendle reported State Farm is in the process of obtaining D & O insurance.

V.   NEXT MEETING  The next Board Meeting will be held on November 11, 2003 at 8:30 AM at the offices of Marshall Fant.

VI.       ADJOURNMENT  There being no further business, the meeting was adjourned at 10:20 a.m.

Submitted By:  Diane Wood, Secretary