The Board of Directors of The Whispering Oaks Homeowners' Association met at the Watson Realty Building at 3175 A1A South, St. Augustine Beach at 7 pm on Monday, March 1, 2010. The following Board members were present: Bobby Crum, Bette Mac Dowell, Bob Parker and John Ragosta. Members absent were: Andrew Birchall and Walt Walton.

The meeting was called to order by Bobby Crum, President at 7 PM.

A motion was made by John Ragosta to approve the minutes of the February 1, 2010 Board meeting and seconded by Bob Parker. The motion was unanimously approved.

COMMITTEE REPORTS:

ACCOUNTING:

John Ragosta reviewed the current functions of Essential Business Services. He voiced concern for the Board to stay within the 2010 budget for our new bookkeeping service. The Board discussed the various areas of cost control needed by shifting some of the current responsibilities of EBS back to the WOHA Board of Directors. John Ragosta made a motion that effective immediately EBS will no longer pick-up WOHA mail or make deposits to our Compass Bank account thus eliminating their routine weekly charges. This motion was seconded by Bette Mac Dowell and approved unanimously by the Board.

John Ragosta suggested that he and Bobby Crum arrange for a meeting with Essential Business Services this week to discuss the coordination of the new operating procedures.

ARCHITECTURAL REVIEW:

In Andrew Birchall's absence, Bobby Crum reported that the $1,000 Contractors' Bond for future construction on Lot # 9 owned by Clint Richardson is still pending receipt.

OPERATIONS:

Bobby Crum made a motion to pay the outstanding charges of $544 for the Madrid Street fence extension completed by Hardwick Fence. This is contingent on invoice approval by Walt Walton, Operations Chairman, who was absent from the Board meeting. The motion was seconded by John Ragosta and unanimously approved by the Board.

LANDSCAPE:

Bobby Crum said that landscaping will resume when weather allows.

COMMUNICATIONS:

Bobby Crum reported that a spring newsletter will be sent via email to WOHA in the coming months. The need for members to supply the Board with their correct email addresses is vital for successful communications in our community.

OLD BUSINESS:

WOHA NEIGHBORHOOD PARTY:

Bob Parker reported that a tentitive date for the party is Saturday, April 24, 2010. More details will be available at the next Board meeting.

COMMUNITY GARAGE SALE:

Bobby Crum announced that the Community Garage Sale will be held on Saturday, March 20, 2010. Bette Mac Dowell volunteered to seek information regarding the City's required permits and local advertising for this event.

LONG RANGE PLANNING:

Bobby Crum said that Walt Walton has been receiving quotes for installation of additional fencing along Beach Boulevard and Madrid Street. These long ranged projects will be discussed at future Board meetings.

NEW BUSINESS:

INSURANCE POLICIES:

Bobby Crum said the annual premium for WOHA's General Liability Insurance is due on March 21, 2010. Bob Parker made a motion to approve payment of the insurance premium for $127.77. John Ragosta seconded the motion and the Board approved the motion unanimously.

Bobby Crum reported that two different policies are available for our Directors' and Officers' Insurance. One has a premium of $1,280 with a $1,000 deductible. The other policy's premium is $963.54 with a $2,500 deductible. John Ragosta moved that the premium of $963.54 be paid. Bobby Crum seconded the motion. The Board unanimously approved the motion.

AMERIPRISE RESOLUTION:

John Ragosta reported that in order to change the signatories on WOHA accounts at Ameriprise Bank a Letter of Corporate Resolution is required. Bette Mac Dowell made a motion that Bobby Crum and John Ragosta be authorized as the signatories of all WOHA accounts at Ameriprise Bank. Bobby Crum seconded the motion. The motion was approved unanimously by the Board. A Letter of Corporate Resolution was signed by Bette Mac Dowell, Secretary and mailed to Ameriprise Bank.

A motion to adjourn the meeting was made by John Ragosta. Bob Parker seconded the motion. The motion was unanimously approved.

The meeting was adjourned at 8:15 pm.