CHAMPION LAKES H O A

MINUTES OF MEETING HELD ON 10/25/11

Time: 7pm

APPROVAL OF MINUTES;

Minutes of the last meeting were approved by the President.

APOLOGIES; PRESIDENT AND V. THOMAS

MATTERS DISCUSSED:

IT WAS DECIDED BY THE PRESIDENT TO GO AHEAD WITH

THE FALL PARTY AS HE WAS APPROACHED BY THE HOMEOWNERS.

THE TREASURER PRESENTED AN ESTIMATE FOR $800.

FINAL EXPENDITURE AND RECEIPTS WILL BE PRESENTED

AT THE NEXT MEETING.

FLYERS FOR THE FALL PARTY WILL BE SENT TO THE

HOMEOWNERS

THE ISSUE WITH THE STATE COMPTROLLER WAS FINALLY

IN GOOD STANDING.

ALTHOUGH THE TAX PAYMENT FOR THE HOA IS MINIMUM

IT HAS TO BE PRESENTED BY A CPA WHOSE FEES ARE OVER $300.

NO SUCCESS IN FINDING ONE AT A LESSER COST.

THE INCOME SPREADSHEET SHOWS WE HAVE HAD SOME SUCCESS

AFTER THE LETTERS WENT OUT TO DELIQUENT HOMEOWNERS.

ADJOURNMENT: Meeting adjourned 7h40

Minutes submitted by Secretary