Wildwood Resort City - Board Meeting Minutes for April of 2010

April 23, 2010

The regular monthly meeting of the Board of Directors of Wildwood Property Owners Association was called to order at 7:30 p.m., April 23, 2010, in the Mill House. The presiding officer was Frank Morgan. A quorum was present, including the following:

Roy Hancock, Letha Carpenter, Jim King, Eddy Parker, Scott Becker, Mickey Nash and Marvin Fannin.

Chairman, Frank Morgan, called the meeting to order.

Ron Hoffpauir gave the opening prayer and led the Pledge of Allegiance.

Business from Work Session:

Chairman, Frank Morgan, requested a motion pertaining to the Nominating Committee recommendation. A motion was made by Mickey Nash, and seconded by Scott Becker to approve the recommendation to place Golf, Parks, Long-Range Planning and Streets & Utilities Committees on an inactive status for 2010. Motion carried with one opposed.

Chairman, Frank Morgan, announced the names of the Standing Committee appointments recommended by the Nominating Committee.

Architectural Control - Martha Compton, Wanda Hutchinson, Jesus Munoz, and Tommy Watkins for three-year terms. Ray Reid for a one-year term.

Budget and Finance - Kathy Attaway, Greg Doerr and Mary Jane McConnell for three-year terms. Frank Moore for a one year term.

Election - Ranah Becker, Johnny Brandon, Peggy Seiler and Carol Crowley Smith for three-year terms. Eddie Smith for a one year term.

Lakes - Dale Attaway and Gary Holland for three-year terms.

Chairman, Frank Morgan, requested a motion pertaining to the committee appointments. A motion was made by Marvin Fannin, and seconded by Roy Hancock, to accept the Nominating Committee recommendations and terms as presented. Motion Carried.

Chairman, Frank Morgan, reported the Board members appointed to the Budget and Finance Committee are Letha Carpenter, Jim Horn and Mickey Nash.

Chairman, Frank Morgan, requested a motion pertaining to amending the Budget. A motion was made by Jim King, and seconded by Roy Hancock to approve the amendment to the Budget and accept the grounds keeping proposal by Stockton Enterprises for a one year contract at $1000.00 a month. Motion carried.

Chairman, Frank Morgan, requested a motion pertaining to the golf cart lease. A motion was made by Mickey Nash, and seconded by Marvin Fannin, to approve the Pro Shop recommendation to renew the golf cart lease beginning July 2010. Motion Carried with one opposed.

Chairman, Frank Morgan, requested a motion pertaining to the recommendation made by Financial Advisor, Wendy Noble of Merrill Lynch. A motion was made by Marvin Fannin, and seconded by Scott Becker to accept the recommendation to adjust the capital reserve to 25% as per our approved policy to balance account for money withdrawn on #3 well constructions. Motion carried.

Chairman, Frank Morgan, requested any additions or corrections to the minutes of the meeting on March, 2010. A motion was made by Mickey Nash, and seconded by Letha Carpenter, to accept the minutes as presented. Motion carried.

Carla McKee gave the Facilities Manager's Report.

Carla McKee gave the Financial Report.

Miscellaneous Reports:

Frank Morgan gave the Golf Maintenance Report

Richard Cockrell gave the Golf Pro Shop report.Carla McKee gave the Security report.

Facilities Maintenance, Fire Department, Pro Shop Concessions and Property Owners.

Manual Research Committees had no report.

Standing Committee Reports:

Architectural Control & Jackie Davis reported building plan submissions for the month of April were a 5 ft. wood fence, a 4 ft. courtyard & wrought iron gate and a screen porch addition.

Budget and Finance, Election, Lakes, Nominating, and Parks Committees had no report.

After the Director's Discussion and the 15 minutes to the floor, the meeting adjourned at 8:30 p.m.