MINUTES OF THE BOARD OF DIRECTORS MEETING OF OREGON WASHINGTON COMMUNITY ASSOCIATION MANAGERS (OWCAM) HELD ON NOVEMBER 13, 2007, IN THE OFFICES OF COMMUNITY MANAGEMENT INC, 2105 SE 9TH, PORTLAND, OR.

PRESENT:
Steve Brodehl, President
David Hummel, Vice President
Lisa Campbell, Secretary
Jim Main, Treasurer
Julia Neufeld, Executive Administrator

ABSENT:
Steve Barber, Director

I. CALL TO ORDER
Steve Brodehl called the meeting to order at 9:15 AM.

II. APPROVAL OF PREVIOUS MINUTES
AGREED
Upon motion made by Steve Brodehl, seconded by David Hummel, and unanimously carried, the meeting minutes of October 17, 2007 was approved

III. FINANCIAL REPORT
Jim distributed the financial statement and overviewed the current financial status of the organization. All expenses and revenue for the 2008 Expo will be booked in 2008. Previous Expo expenses and revenue were moved to the correct year.

AGREED
Upon motion made by Lisa Campbell, seconded by David Hummel, and unanimously carried, the financial report was approved.

IV. RESIGNATION
Jim Main submitted his resignation to Board effective December 31, 2007. Steve thanked Jim for his time and hard work while serving on the Board.

AGREED
Upon motion made by Lisa Campbell, seconded by David Hummel, and unanimously carried, Jim’s resignation was accepted.

Discussion ensued regarding Steve Barber serving as the Board Treasurer temporarily to ensure a smooth transition. Jim Main will work with Steve and Julia to transfer the financial information.

V. MEMBERSHIP FEES
Discussion ensued regarding membership fees paid during the year and prorating them to the end of the calendar year. The fees would be adjusted accordingly for the new calendar year.

AGREED
Upon motion made by Jim Main, seconded by David Hummel, and unanimously carried, all membership fee paid during the calendar will be prorated and adjusted accordingly for the new calendar year.

VI. COMMITTEE REPORTS
1. Expo - Lisa Campbell reported that the key note speaker was still under discussion. Jim suggested focusing on new managers. A discussion ensued on the suggestion of a Hypnotist and that it would have the potential of being too divisive. The Board discussed other options for consideration.

VII. NEXT MEETING DATE
The next regularly scheduled Board Meeting was set for December 4, 2007, 8:30 AM in the Offices of CMI. The 2008 Budget will be on the agenda for discussion and approval.

VIII. ADJOURNMENT
With no further business to discuss, the meeting was adjourned at 9:50A.M.