Members Meeting Minutes

                                                   November 10, 2008

The members meeting for Clubhouse Village was held on November 10, 2008, located at the Clubhouse, Garden Room. Dixie Cory, CAM represented management.

Father Papas called the members meeting to order at 2:15 PM and a quorum was established with 46 members either in person or by proxy.

The vote to approve 2-year staggered term of office for the board of directors was 46 in favor and none opposed. The vote passed with a majority of the owners in favor.

Father Pappas read the agenda item on insurance stating that the current insurance deductable is 5% and if every building was a total loss the amount each unit owner would be assessed would be $5,190.47. The insurance renews in April and at that time we will find out the difference in premium for 3% deductable verses the 5% deductable.

Discussion was made on the possibility of eliminating the spa because of the expense for maintenance and heating. Clubhouse Village documents state that 100% of the owners would have to vote in favor of eliminating the spa.

Mr. Kranz first and Mr. Zernzach second so moved to adjourn, the meeting adjourned at 3:00PM.

Respectfully submitted by: Dixie Cory, CAM