FEBRUARY 18, 2012

This is a transcript of the monthly meetings, as well as any other official updates from members of the association. You can't post messages here, this is READ ONLY.
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louiem
Posts: 222
Joined: Thu Sep 06, 2007 11:56 am

FEBRUARY 18, 2012

Post by louiem »

FEBRUARY 18, 2012
10:00 AM

BEGINING CHECKING $41214.26
DEBITS $511.65
CREDITS $8529.00

FIRE STATION $7058.01
PARK $6178.83

EREA CHECKING BALANCE $36026.42

TRUST $179838

WAITING FOR LETTER FROM ROBERTS HAWAII (PRIVATE SCHOOL BUS CARRIER)ON WHAT IT WOULD TAKE ON OUR PART FOR THE BUS TO CIRCLE THE WHOLE SUBDIVISION, INSTEAD OF JUST GOING TO PUNAHELE(17 ROAD).

TIM PLANS TO GO AHEAD AND BLOCK OFF ROAD BETWEEN FERN FOREST AND EDEN ROC BY PUNAHELE (17 ROAD).

DISCUSSION ON HAVING FIRST HAWAIIAN BANK WEALTH MANAGEMENT (OUR TRUST MANAGER)IN FINDING OUT WHAT ALTERNATIVES THERE ARE TO OUR CURRENT INVESTMENTS IN TREASURY BONDS AND MONEY MARKET FUNDS, SUCH AS CD'S OR ETF BONDS, WHICH WOULD STILL BE ALLOWABLE UNDER THE TERMS OF OUR TRUST. WILL REPORT NEXT MONTH ON ANY PROGRESS.

SECOND MOTION MADE TO ALLOCATE $4800 FOR MOWING, SECONDED, PASSED.

SECOND MOTION MADE TO ALLOCATE $5000 FOR ROCK/GRAVEL, SECONDED, PASSED.

SECOND MOTION MADE TO ALLOCATE $5000 FOR POTHOLE/ROAD LABOR, SECONDED, PASSED.

SECOND MOTION MADE TO ALLOCATE $30000 FOR ROAD RESURFACING, SECONDED, PASSED.

MEETING ADJOURNED 10:32 AM
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