BANYAN SPRINGS PROPERTY OWNERS

Robert Dow read the Minutes of the June 21, 2007 Workshop Meeting. Paul Whitney made a motion to accept the minutes as corrected. Seconded by Larry Granet and passed unanimously.

Robert Dow read the Minutes of the June 21, 2007 POA Special Assessment meeting. Al Kadin made a motion to accept the minutes as corrected. Seconded by Joel Brusso and passed unanimously.

Management/President’s Update – Copy of Rick Leach’s Management Report attached.

Old Business

· Custom Property Management Contract Addendum – Barry Prince read an Addendum which extends the Custom Property Management Agreement for three years. After presenting the Agreement, Barry Prince made a motion to approve this Addendum. Seconded by Robert Dow and passed unanimously.

· Wireless Network Proposal – Al Kadin presented a proposal to install and operate a Mesh WI-FI (Wireless) Network in Banyan Springs for the purpose of providing better security by enhancing surveillance capabilities within the community. After presenting the nuances of the system and some discussion by the Board, Al Kadin made a motion that the Board approves $25,000.00 to facilitate this project. Seconded by Audrey Arian and passed unanimously.

· Tennis Court Lighting – Barry Prince presented two proposals to replace the tennis court lights at courts 2 and 3. The proposals were submitted by Papico Construction, Inc. for $15,550.00 and Air Ref Electric, Inc. for $17,050.00. Barry Prince went on to state that the Air Ref Electric, Inc. proposal was more in keeping with our requirements. Paul Whitney made a motion that we accept the proposal from Air Ref Electric for $17,050.00. Seconded by Larry Granet and passed unanimously.

Old Business

· Security Access System Proposal – Rick Leach presented a proposal for replacing our existing card access system with a new upgraded and technically superior system utilizing proximity card readers. The system proposed was submitted by TEM Systems, Inc. our existing gate maintenance company. After some discussion Joel Brusso made a motion that we accept the proposal from TEM Systems, Inc. for $30,603.00. Seconded by Paul Whitney and passed unanimously.

Architectural Requests – Larry Granet

· 5055 Pine Drive – New Roof (approved).

· 10060 Cherrywood Place – Install a 21” Sun Dome (approved)

Suggestion Box

Peter Wallach suggested that we refurbish the restrooms in the back of the Clubhouse. Barry Prince stated that this is a good suggestion and that it is currently under review.

Adjournment

Paul Whitney made a motion to adjourn at 10:10 A.M. Seconded by Al Kadin and passed unanimously.

Respectfully submitted

Robert Dow

Vice President