Present:  Jim Cooper - President,  Beth Fisher - Treasurer & Blaise Simone - Secretary Ray McDermott - Director, & Chris Brogan - Vice President

The meeting was called to order at 7:05 p.m. by President Jim Cooper at the Health Center of Merritt Island.

1.  Appointment of the Election Inspectors:  Jim Cooper requested any nominations from the floor. There were no nominations from the floor therefore an election was deemed not necessary  since Ray McDermott has offered to serve again .

2.  Certifying of Quorum:  Roll Call/Call to Order:  The first order of business was the calling of the roll and the certifying of the proxies.  Lesley Studholme reported there were 31  proxies and 13 owners were present.  A quorum was declared.

3.  Verify Proof of Notice of the Meeting:  Affidavit for proof of notice was called for by the President and was given proof of mailings by Lesley Studholme of Space Coast Management, Inc. which will be included as permanent part of the Association’s official records.

4.  Election of the Officers:  There was 1 open position on the Board of Directors.  There were no nominations from the floor.   With no further nominations, an election was deemed not necessary and it was declared Ray McDermott as a new director on the board for Copperfield Property Owners Association.  

5. Reading and Disposition of the Minutes from the Last Annual Meeting - The minutes of  November 15, 2006 meeting were read by Blaise Simone.  A motion was made by Ray McDermott and seconded by Beth Fisher to accept the minutes as read.  All were in favor. 

6.  Report of the Officers:

a.  Jim Cooper - The first order from Jim was too express sincere appreciation to Eleanor Keller for her years of service on the board.  He applauded her positions as president, vice president and treasurer.  He also thanked Beth Fisher for assuming the role of Treasurer for Eleanor Keller.

b. Chris Brogan - Also expressed his appreciation to Eleanor Keller.  Chris also stated that he predicts that in the coming year we will see how strong the documents are.  People are going through hard times and the documents still have to be enforced regardless of the individuals circumstances.  The board has to enforce these for the betterment of the community even if its something that they feel opposed to.  He also indicated that sign issues will  be addressed this coming year.

c. Blaise Simone - Blaise also extended his great appreciation to Eleanor Keller for her friendship as well as loyalty to the community and the board.  He indicated that it has been a tough year at times in dealing with rebellion but unfortunately it is necessary.

d. Ray McDermott -  Ray agreed with Chris that the community is in hard economic times which makes the boards job tougher.  He also expressed thanks to Eleanor for her service over the years.  Ray also thanked Wil Leister for single handedly handling the ARC and the Christmas decorations as well as Pauline.

OLD BUSINESS:

There was no old business.  Discussion consisted briefly of Southern Greens and the mowing of the back of the pond area.

Lesley indicated that the new insurance policy was in .  The new premium is up by $175.06 totalling $4,058.06 for 2008.  

NEW  BUSINESS:

a ) REVIEW PROPOSED BUDGET:

There was discussion as to why the insurance line item was not brought forward under the 4 month spread sheet.  Lesley indicated that it was a typo.  Chris stated that the actuals were correct  and that the payment was just made for the coming year which was after the budget was prepared.

There also was a question as to the expense of an accountant which was explained that a compilation was necessary yearly and filing fees.

Jim Cooper also indicated that the fees have never gone up.  Basically the money is shuffled within the existing budget as adjustments are made.  Ray McDermott made a motion to accept the budget for 2008 as amended, Blaise Simone seconded and all were in favor.

Chris briefly discussed the web site and the plans to add the minutes and notes etc. for the coming year.  He also indicated that a items for sale portion could be added for the benefit of the residents with the possibility of a small fee.  

Adjournment:  There being no further business before the Property owners, a motion was made by Blaise Simone and seconded by Ray McDermott  to adjourn the meeting at 8:08p.m.

______________________

Secretary CPO
 

There was a Board of Directors Meeting immediately following the Annual Meeting to establish the Directors positions.

Date:                Wednesday November 14, 2007

Time:                Meeting convened at 8:14 p.m.

Place:                Merritt Island Health Center

The following positions were established by the new 2007 Copperfield Board of Directors.

Jim Cooper                  President

Chris Brogan               Vice President

Beth Fisher                  Treasurer

Blaise Simone              Secretary

Ray McDermott            Director

Adjournment 8:37 p.m.