LAKES AT BOCA RATON HOMEOWNERS ASSOCIATION INC.

BOARD OF DIRECTORS MEETING LAKES AT BOCA RATON COMMUNITY CENTER TUESDAY, SEPTEMBER 17TH. 2013 7:00 PM Proof of Notice of Homeowners Meeting was posted September 15th, 2013 on the Community Center Bulletin Board Homeowners session was held CALL TO ORDER Having been properly noticed, the Lakes at Boca Raton Homeowners Association, Inc. Board of Directors meeting was called to order by Vinnie Aquilina at 7:40 PM. The Board Members present to achieve a quorum were Mike Lungarini, Alan Kellock, Ann Bradley, Larry Greenberg, and Ginger Marinchak. Board member Rick Mc Carley was absent. APPROVAL OF BOARD OF DIRECTORS MEETING MINUTES The minutes of the August 19th, 2013 meeting were reviewed. A motion was made by M. Lungarini to accept, seconded by L. Greenberg and passed by the Board. MANAGEMENT REPORT Property Manager Loren Kellock reported: The Grand Pre-Opening opening of the Lakes Fitness Center on September 15th was deemed a huge success. Approximately 200 residents attended the ribbon-cutting ceremony. Fitness Center applications for FOB keys, and Waivers were given out, with many residents completing them while there. Residents were informed as they handed in their paperwork, that FOB keys would be issued starting Monday morning. The Fitness Center officially opened Monday, September 16th, 2013. The Social Committee passed out assorted mementos and prizes were awarded. Residents filled out questionnaires for the Social committee as to what events they would welcome. The subject of a golf cart was again visited. Questions were raised as to the necessity of a golf cart for the Community as well as having a utility cart for maintenance, as well as cost effectiveness. The Property Manager will continue seeking bids to present to the Board. The bids on the fountain repair were examined and found to be higher than expected. Further bids will be obtained. G-K Pressure cleaning will begin walkway cleaning on Monday, September 23rd. The exterior wall in the Conference room as well as the sink and cabinetry has been removed due to mold. Bids and design for a new unit are being solicited. Nine of the chairs used around the pool are in need of repair and will be sent out. Holiday Lighting will be contacted to decorate for the coming holiday season. The motion was made by l. Greenberg, seconded by G. Marinchak, and approved by the Board unanimously. It has been noted that a few of the pavers surrounding the pool are cracked. Number and replacement cost will be ascertained.
COMMITTEE REPORTS FINANCIAL REPORT Finances are stable. The potential budget of 2014 and the reserve budget prepared by the FOC were given to the Board for approval. Copies of each were also sent to GRS Mgt. Financial Consultant Robert Smith. The Budget is to be ratified at the October Board meeting. Projects for 2014 will then be presented to the Board for discussion. Books regarding changes in State Regulations and their effect n HOAs obtained from KGB were handed out to all Board members.

COMPLIANCE COMMITTEE No issues were reported. LANDSCAPING COMMITTEE M. Lungarini, Chairperson, presented a visual aid to the Board showing areas in need of work by Bermuda Landscaping. A copy will be made of his digital review. A call will be placed by the Property Manager to alert Bermuda of the areas in need of care. A decision was made by V. Aquilina, Board President, that the next payment for services rendered is not to be paid until issues are resolved.is not to be paid until the issues are resolved with full Board approval... A hold has been placed on all future work for the present. It has been estimated by M. Lungarini, Landscaping Chairperson, that work not done by Bermuda amounts to approximately $32,000.00. A meeting will be arranged with Bermuda to discuss the situation. V. Aquilina has asked for a written report prepared by M. Lungarini as to where the shortages occurred. V. Aquilina asked the Board if there were any suggestions as to a possible contact with a new landscaping firm. None were offered. L. Kellock is to begin looking for bids for the irrigation system. EROSION COMMITTEE Water levels are still too high to allow bank erosion work to continue. ARCHITECTURAL COMMITTEE No issues to report from the Committee. SOCIAL COMMITTEE The Social Committee roster has been completed. The motion was made by A. Kellock, seconded by L. Greenberg, and approved unanimously by the Board. A tentative schedule of events will be presented at the October meeting. The entire committee chaired by Suzie and Eric Woollen were thanked for their help and presentation at the Fitness Center Opening. OLD BUSINESS A motion was made to approve the LFC rules for posting and addition to the Rules and Regulations section of the Governing Documents by A Kellock, seconded by L Greenberg, and approved by the Board unanimously. One additional change will be made in the rulings, to include that Owners, Tenants, and Employees of LABR will have use of the LFC. A. Kellock made the motion, L. Greenberg seconded, the Board vote was 4 for 1 against and 1 abstain. The motion passed. With no further business before the Board, M. Lungarini motioned to adjourn the meeting at 10:22 pm. A. Bradley seconded the motion and it was passed unanimously. Respectfully submitted,

_____________________ Ginger Marinchak, Secretary