The President then stated that a quorum was present and the Directors Meeting was ready to transact business. On motion made by Jim McKee, seconded and carried, the Board agreed that the minutes of the previous meeting be read at our regular Board Meeting on Thursday July 15, 1976. Attorney John Hatcher was present. He presented the Board with a new assessment collection system for collection of the annual maintenance assessment. Upon further discussion, the Board decided to study it further before implementing.
Responsibility is discretionary - Section.
On motion made by Phyllis Pritchard, seconded and carried, the Board agreed to send Attorney Hatcher a letter asking that he send Forrest Cheek a letter regarding his violation of the Covenants and Restrictions by having his boat and boat trailer on his property. On motion made by Jim McKee, seconded and carried, the Board authorized the President and Secretary to execute the Corporate Resolution authorizing the signatures for the Corporation checking account. Checks over this amount will need 2 signatures. There being no further business and upon motion made by Walter Smith, seconded and carried, the meeting adjourned. Dated the 13th day of July 1976.