3-5-17 – (Special HOA)

Minutes of the Special Meeting of the Paleface Ranch HOA held on 3-5-17 at 1508 Successor Road in Spicewood, TX

There were 68 property owners represented in person or via proxy.  Quorum was met.

Meeting called to order at 1:10 pm by Board President Karl Hancock. Purpose of the meeting was to discuss one issue only – revising the budget.2017-3-5 treasurer report -road increase

Motion introduced by Bill Paschall:  To authorize the Board of Directors of the Association to revise the 2017 road maintenance budget line item to $105,000 to cover the cost of chip sealing Oscar Road and Tres Coronas Road in addition to repairing the pothole/soft spot near the exit gate and the road edges near the entrance and exit gates as well as at the corners of Oscar & Tres Coronas and Oscar & Indian Divide.

Seconded by Diane Wigington

Bill Paschall, road maintenance committee chairperson, gave a power point presentation in favor of the motion.

Nancy Lambros spoke against the motion.

Others spoke for and against the motion and questions were answered.

Vote by ballot:  Motion passed 59 for and 9 against.

Meeting adjourned at 1:47 pm