DRAFT COPY

POTOSI LAKE VILLAGE, INC.

MINUTES OF MEETING, April 12, 2005

Meeting called to order by Rick Harris at 7:00 PM

ROLL CALL

Members present were Rick Harris, Dan Kelly, Judy Skiles & Chris Boyer. Bethany Blessing was absent.

MINUTES

Dan Kelly read the minutes from the March 1st meeting. Minutes were approved with four minor corrections.

CORRESPONDENCE

Dan Kelly was given two letters of resignation: 1.) From Cheryl Daniels, resigning as Chairperson of the Pavilion Committee and 2.) Larry Daniels asking that his name be removed from the voluntary work force. The two letters were read and Chris Boyer made motion to accept the resignation of Cheryl and Larry Daniels, Judy Skiles seconded the motion. Motion passed

FINANCIAL REPORT

Dan Kelly read financial report ending March 31, 2005. There were no other

comments concerning finance report .Chris Boyer made motion to accept financial report, Judy Skiles seconded the motion. Motion passed and it will be filled for audit.

OFFICER/COMMITTEE REPORT

No report from Pavilion committee.

Larry Daniels gave an update on progress of sewer project. The bond issue on the April 5, 2005 general election had passed, but the number of people voting for was a concern. Larry also informed board that forms has been signed requesting a pre grant and that the PWSD No 3 Board was studying the feasibility of having a LMI study done. Also that it was a good possibility that individual sewer fees were going to exceed cost that had been presented to the members at the start of the sewer project and that PWSD NO 3 Board would probably conduct a survey of members before proceeding with the project.

Dan Kelly reported on unpaid assessments, There are proximity Twenty-two (22) property owners that are in the arrears, Five (5) have paid part of their assessments, but seventeen (17) have not paid any. This includes four (4) members that are three years to eight years behind in assessments.

NEXT MEETING

To be held at the pavilion (May 3rd at 7 Pm)

UNFINISHED BUSINESS

Rick Harris was able to get the Potosi Lake Rd Street sign moved from Old Highway 8 to New Highway 8 and is still working on a state sign on either side on Potosi Lake Rd.

Chris Boyer reported that we are still on the agenda for the Department of Conservation to shock lake and determine what specie and number of fish that we have. At that time we will restock specie that we need.

Dan Kelly has not been able to contact the two individuals about the dry fire hydrants.

Rick Harris has been unable to get bids on road repair other than S&G Asphalt.

Rick Harris gave each board member a draft copy of cover letter for the annual meeting so that each member could make recommended changes.

Judy Skiles informed board that that Aaron Porter was working on wild animals as they presented themselves in his yard.

Rick Harris had inspected the Bar-B-Q pit at the point and found it to be in fair shape with the exception of the ash pan. Bob Bemacki will fabricate a new pan with material that he has on hand.

Dan Kelly will check with another agency for insurance.

Rick Harris gave each board member copy of agenda for annual meeting, asking for input from each board member, The planed mailing date for the annual mailing is 18

-20 April, 2005.

NEW BUSINESS

Workday projects, front gate and garage sale were put on hold until a later date.

The board in a general consensus agreed to have Bill Semet start picking up trash around the 15th of May, Dan will call Bill Semet.

Dan Kelly will draft a 2005-2006 budget for the board to study; it will be presented at the May meeting.

Dan Kelly will start the season mowing around the lake roads and pavilion.

Dan Kelly will check into replacing flag at the point and with the help of Bob Bernacki repair pole and place flag at the pavilion

OTHER

Larry Daniels suggested that new tubes be installed on mower before mowing season starts.

Meeting adjourned