November 24, 2020 Board Meeting

Waterford at Smith Lake

Minutes for November 24, 2020

Meeting called to order at 6:31 P.M. by President Don Monistere.

Members present;

Don Monistere, President
Travis Tidwell, Secretary
James Eidson
Shannon Pate
Richard Kinney
Caleb Bright (Bright Management)

Members Absent: None

Don talks about the internet vote and the hurdles we are experiencing. 15 of 48. Don will send another email
asking people to vote so we can achieve a majority, for or against.

Don asked Caleb to coordinate with Tess and the landscape committee.

Caleb has questions for the board. Needs QB file for Waterford. Don will make an email address for contact with homeowners.
Bright will obtain a PO Box 127 Cullman, 35056.

List of things Bright Management will need; Covenants, LLC docs, EIFN #, file of contracts for new owners, keys for locked areas,
banking information and contact from the original accounting firm

Don made a Motion to add Caleb Bright to the banking account – Travis Tidwell second – Motion Passes

Bright Management will be taking over managing Waterford Properties. Waterford will be allowing Bright Management to manage our properties
and the mailing address will be PO Box 127 Cullman, AL 35056.

Colby called and let Travis know that the BBQ area rails will be set November 25, 2020.

Mark Pafford wants the board to consider paying for repairs of his water leak into the unit below. Board decided that the
homeowner bring his case to the board and the board will further decide how to move forward. Travis will have Mark Pafford
present his case in writing and the board will make it’s ruling.

Richard asks that we notify the home owners about the three lots adjacent to the property and to ask Rick Johanson to present
his findings to the board.

Next meeting set for December 17, 2020 at 6:30 P.M.

Meeeting adjourned at 7:36 P.M. by Don Monistere.

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