The Board approved the June 24, 2010 minutes.
Tresurer's Report - Terry Shipp read his Financial Highlights, which will be posted separately from the notes.
Some of his comments:
- 28 lots have been turned back to the POA. 5 of these lots are common property lots that are used by the community. 23 lots are turned over to Diamondhead Reality at $300.00 each.
- Golf Membership stands at 86. Terry Shipp; “I think the lesson we can learn here and try to overcome is … the more we raise the price the less revenues we have.
New Business
- The lease is up for 6 golf carts. Todd Belz made a request to purchase these carts at $1,500.00 each, for a total of $9,000.00. This motion was made by Tom Lockette and seconded by Tom Wright. Passed unanimously.
- Someone in our community, who wishes to remain anonymous, has graciously provided artwork to display in our Country Club. A motion was made and seconded to accept this gift. Motion passed unanimously.
- Frank Pohlkamp explained that the Board has their first home foreclosure. “This may be the first of many, so, we better learn how to deal with this kind of thing.”
Board Meeting re-convened. President Massey read the following letter:
Dear Mr. Massey,
Please accept this letter as my resignation as General Manager of the Diamondhead Property Owners Association. It has been a genuine pleasure working for Diamondhead Board of Directors during these past three years.
If I may be of any assistance in the training of my replacement, please know that I will gladly make myself available to this effort.
Thank you again for allowing me to serve as Diamondhead POA General Manager.
Sincerely,
Todd Belz
President Massey: "It is with regret that I accept this resignation. Do I have a motion to adjourn the meeting?" Motion made and seconded.
