Silverleaf's Homeowner's Association

Next Silverleaf Association Meeting: Saturday, October 20, 2007 at 4:00PM by the West Pond in the Silverleaf subdivision. The topic of this meeting will be community fencing.

If you have any questions about serving on the Board of Directors, please do not hesitate to contact the Management office at (630)690-6867 or email your concerns to Stephanie Spohn slspohn@sbcglobal.net. We will be happy to discuss the involvement, commitment and gratification you will receive by serving as a member of the Board.

Meet The Board of Directors
	David Brady President		Mahanbir S. Brar Treasurer		Mike McCormick Secretary & Block Captain

Silverleaf Meeting Minutes

Board of Director Meeting - Thursday, November 2, 2006, 7:00 PM (Village Hall, 1 Friendship Plaza, Addison, IL)

Meeting called to order: 7:00 pm
Members Present: David Brady, Denise Jourdan, and Sashi Sharma
Representing Village Property Management: Kristine Hoyer

Issues Covered:

Issue: Mailboxes to be stained and weatherproofed will be a homeowner responsibility. The Board of Directors rejects all staining proposals. Motion made by David Brady. Motion seconded by Denise Jourdan. Motion carried.

Issue: Board of Directors has agreed to allow waiving of one late fee per year when late payment is made due to postal service error. This error will be evident when the mail arrives at the management office and can be crossed with the postmark date on the envelope. Motion made by Denise Jourdan. Motion seconded by Sashi Sharma. Motion carried.

Issue: HBIS Engineering contract has been tabled until the following board meeting. Board of Directors is requesting more time to review and study the information on what benefits this will have on the community. Motion made by David Brady. Motion seconded by Denis Jourdan. Motion carried.

Issue: Previously reported possible pond contamination. Testing of the pond water is rejected. Ponds seem to be ok and no other concerns have arisen since first reporting. Motion made by David Brady. Motion seconded by Denise Jourdan. Motion carried.

Management Report - Kristine Hoyer reported and will follow up on:

1) Landscaping: pond pumps removed by TRJ Landscaping.
2) Fencing: work on Pros and Cons list of Perimeter, Individual and Pond fencing.
3) Registered Agent: changed agent from Developer to VPM.
4) No delinquencies to report.
5) Pond Signs: will research on getting signs for ponds.
6) Changing Declarations and By Laws: need BOD list before proceeding with attorney portion.
7) Reserve contribution: what is best possible way to handle. Monthly? Yearly? Quarterly? Get information and rates on money markets.

With no further business before the board the meeting adjourned at 8:05 pm.

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