SHADOW LAKE VILLAGE CONDOMINIUM ASSOCIATION

Business Agenda for March 22, 2007, 9:30 a.m.

Ballroom

I. Call to Order:

a. Flag Salute

b. Roll Call

II. Approval of Minutes:

a. February 15, 2007 – Workshop Mtg.

b. February 22, 2007 – Business Mtg.

III. Treasurer’s Report:

IV. Manager’s Report:

a. Maintenance: Mike Hynes

b. Administration: Dan Cavalli & Jenn Allen

c. Presidents Report: Roger Nicholson

V. Committee Reports:

VI. Resident Comments/Inquiries:

VII. Trustee Reports/Business:

VIII. Motions:

a. Motion to amend the January 19, 2007 minutes to read Warren Van Nosdall advised that one of our investments was called rather then Warren Van Nosdall advised that one of our investments was recalled.

b. Motion to approve Phase I of the Clubhouse renovation plan at a cap of $250,000.00, to be paid out of Capital Equity, which will be financed by Security Deposits and re-paid over 5 to 10 years.

c. Motion to accept Berkowsky and Associates proposal to prepare a complete set of drawings and detailed specifications for the Clubhouse upgrade at a cost of $17,000.00, to be paid out of Capital Equity as part of Phase I.

d. Motion to accept the Kiwanis Club’s request to hold a dinner for the Brookdale Circle K in the Clubhouse Ballroom on May 16, 2007.

e. Motion to accept a donation from the Socializers in the amount of $8000.00 to be used toward the upgrade of the Ballroom sound system and the Ballroom TV.

IX. Adjournment