SUNWATCH ON ISLAND ESTATES
CONDOMINIUM ASSOCIATION, INC.
Board of Director's Meeting
September 23, 2004

President Lars Warn called the meeting to order at 4 PM. Board members present were Cliff Snedeker, Susie Thatcher, Lars Warn and Terry Werner. Bob Burwell was absent.

Minutes of the July 21, 2004 meeting were approved after a motion was presented by Cliff Snedeker and seconded by Terry Werner. Revised minutes from the June 24, 2004 meeting were also presented.

President Lars Warn reviewed the August 2004 Financial Report and stated we have a total reserve fund and fund balances of $364,363.09. There is currently only one delinquency in monthly maintenance fees.

Jill Ellis from Resource Property Management reviewed her report dated September 20, 2004. Overall things are running very well. A representative from EFCO Window stopped by and looked at one of the leaking windows. He reported the window needed new weather stripping, but the original stripping was installed correctly. We now have a source to order the weather stripping.

There was one note of appreciation from George & Betsy Powers (#701) regarding the great job Dan and Lori did of getting our building back into shape after the hurricanes came through. Good job!

Landscaping Committee reported that a couple of trees on the other side of the parking lot wall had to be removed because of the storms. Also the oleanders have been trimmed back.

No plans have been received as yet, for the updating in the 680 Lobby. As soon as the plans arrive, they will be shown to the 680 Lobby Committee and then to the board for approval.

The following sale was approved:
Unit # 300 to Federico and Irma Alves

The following one-year lease was approved:
Unit # 806 to Ginger LaBouchardiere

There was discussion on re-doing the pools and pool deck. A committee was formed to look further into the issue and come to the board with some recommendations. The committee consists of: Joe Giacomini, Terry Werner, Cliff Snedeker and Linda Adams.

The issue of rusting doors and rotting frames was discussed and Jill Ellis informed us that each owner is responsible for their own doors. If they are painted or replaced, that needs to be done with approval so the paint color and/or doors are the correct color and style.

Regarding the French Drain, it was suggested that Terry speak directly with Dennis to get a full explanation of the dynamics of this project.

The TVSS installation will be done hopefully in October. Ken Robinson is busy with hurricane relief work. Joe Giacomini and Harry Hawkey would like to be present for the installation.

The KWA Proposal for Engineering Services was discussed, but no decision made whether to hire them. Jill Ellis will see if Ted Graham or another representative from that company will attend our next board meeting for some discussion.

AEI Engineering Report found that several of the pull boxes should be moved around corners, inside and away from the weather. A motion was made by Terry Werner and seconded by Cliff Snedeker to have AEI put this out for bids. The motion carried.

There was discussion regarding the handling of all Fire System inspections. It was agreed to approve Piper Fire Protection for this service after Jill Ellis contacts Industrial Fire & Safety, Inc. and A Total Solution, Inc. to see exactly what their fee includes. A motion was made by Cliff Snedeker and seconded by Susie Thatcher. Motion carried.

There was discussion regarding changing the Keypad Codes. On approximately October 15, 2004 a letter will be sent to all Sunwatch owners giving them a new "general code" - one number to be used by all owners. This code will change a few times per year because the number is given to too many outsiders. Vendors or service people will be given a separate code. Owners will be able to use their "personal" code for approximately one month after the new code is issued. A motion was made by Terry Werner and seconded by Susie Thatcher. Motion carried.

Jill Ellis reported that Dan did not get his second week's vacation last year, nor did he get paid for it. It was decided he should be paid for that second week.

Cliff Snedeker suggested we have professional management in our building part time. He suggested Jill Ellis be on-site two half mornings per week - approximately 8 hours per week. This will be discussed further at the next board meeting.

Several residents had water damage from the recent storms.

The next meeting is scheduled for 4 PM, Thursday, November 4, 2004.
The ANNUAL MEETING is scheduled for 7 PM, Thursday, December 2, 2004.

There being no further business, the meeting was adjourned.

Susie Thatcher/Lars Warn for Robert A. Burwell, Secretary/Treasurer