MINUTES OF THE BOARD OF DIRECTORS MEETING OF OREGON WASHINGTON COMMUNITY ASSOCIATION MANAGERS HELD TUESDAY, NOVEMBER 11, 2003 AT 8:30 A.M. IN THE MEETING ROOM AT STERLING PROPERTIES.

PRESENT:   Cheryl Brendle (President), Ron Balash (Vice-Chairman), Diane Wood (Secretary)

ABSENT:     George Carter (Treasurer), Marshall Fant (Past President)

GUESTS:   Rich Thompson, Dan Huntley, Lisa Campbell, Bob Brown

I.    CALL TO ORDER   The meeting was called to order at 8:35 a.m. by President Brendle.

II.  TAX RETURN   The President reported the taxes had been prepared by David Schwindt, Schwindt & Co.  without charge and added a tax amount of $10.00 is due.

AGREED  Diane Wood made a motion, Ron Balash seconded it and it unanimously carried to approve the return as prepared. It was agreed that Cheryl Brendle will apply for a tax exemption by filing form 1024.

III.   APPROVAL OF MINUTES

AGREED  Upon motion made and seconded, it carried unanimously to approve the minutes from the September 9, 2003 meeting as submitted.

IV.  COMMITTEE REPORTS
A.  EXPO  A brief report was presented by Rich Thompson regarding the plans for the Expo to be held January 16, 2004. 

B. CODE OF ETHICS & STANDARDS OF PRACTICE   It was discussed the Code of Ethics and Standards of Practice should be approved by the Board prior to the Expo so it can be presented at that time.

AGREED   It was agreed a brief Board Meeting will be held following the OWCAM Member Meeting to be held on December 9, 2003 to finalize and approve the Code of Ethics and Standards of Practice document.  Wood will notify George Carter, Chairman of the Code of Ethics and Standards of Practice Committee of the Board Meeting and its purpose.

C.  INFORMATION AND BROCHURE PROPOSAL    Rich Thompson suggested OWCAM prepare an information brochure explaining its purpose and include useful information regarding resale disclosures, sale checklists, condominium certificates, etc.

AGREED   Thompson and Wood will present a draft of a brochure to the Board in January.

E. RESALE CERTIFICATE, DISCLOSURE, ETC.    Discussion followed relative to resale certificates, sales disclosures, etc.  The Board discussed certain differences of philosophy exist between the OWCAM and “The Condo Club” regarding recently adopted statutes.

AGREED  It was agreed the Board will request a meeting with The Condo Club in the future to discuss the differences and come to an understanding of the needs of both groups.

F. PROGRAM TOPICS  

AGREED  It was agreed the Board will have a work session to establish their 2004 goals and identify the purpose and focus of OWCAM. The following areas will be considered as possible goals for OWCAM to become involved in at some level or the other as follows:  Legislative, Membership, Program, Designation/Certificate, Real Estate, CAI, etc.

G. STATE TRADE ORGANIZATIONS  Rich Thompson reported he had met with an insurance broker that was registered with the State Trade Organization. Thompson was advised various services were available to members as a result of this membership.

AGREED  Thompson agreed to do further research to understand the benefits of the organization and if it would benefit OWCAM to become a member.

V.  ADJOURNMENT  There being no further business, the meeting was adjourned at 10:00 a.m.

Submitted By:  Diane Wood, Secretary