Gig Harbor, Washington 98335

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Bridgewood Estates
HOA Board Meeting
September 1st, 2011

Attendees: Michael White, Margaret Brammall, Monty Laughlin, Dale Welton, Juanita Carbaugh

Michael White called the meeting to order at 7:15 p.m.

  • The Minutes of the October meeting were approved.

  • The treasurerís report was approved.

Old business

  • Monty has talked to the postmaster about the access box. They are still in discussions and a meeting is pending. Southgate Fence has already negotiated them down to boxes at $350 each. The deadline can be extended if necessary.

  • Speed bump painting should wait until spring for better durability. Juanita will arrange for them to be painted when appropriate.

New Business

  • Current reserves: $25,000 in checking account. Outstanding bills: $2,500. A motion was made, seconded and approved to transfer $8,000 to the reserve account.

  • A reserve study must by law be done next year, at a cost of approximately $2,000. Juanita will solicit bids to be presented at our next meeting.

  • A motion was made, seconded and approved to raise dues to $625 per annum.

The meeting was adjourned at 8:25pm.

Margaret Brammall, Secretary
Bridgewood Homeowners Association