BANYAN SPRINGS PROPERTY OWNERS

He announced that a decision was made to change our insurance carrier from Citizens to American Coastal Insurance Company. The change will be beneficial to us, as we probably will see a drop in premium rates, as well as other benefits. The change will affect all associations in the community.

Barry Prince announced the fact that the Annual Board of Directors Elections will be coming up in January of 2009. He said that there will be five (5) term expirations and that if anyone knows of someone who would like to run for the Board, to advise them to start thinking about getting their resumes together for submission to Sis Robinson, the Chairperson of the Election Committee.

Old Business

· Barry Prince then called upon David Lefton for a report of the Beauty Salon Renovation Committee. He stated that the committee will be meeting with a contractor next Tuesday, hopefully to complete a proposal for renovations.

· Barbara Flaxman wants to go on record as asking financial information.

New Business

· Rick Leach read a proposal from the TruGreen Landcare Company, who are our landscape specialists, regarding treatment of Areca Palms in our community. A copy is attached. There are approximately 400 Areca Palms within the community, and about 1,000 on the exterior. At a charge of $13,125.00 TruGreen will trim, cut back and do whatever they feel necessary to improve the condition of some of the overgrown Areca Palms.

After some discussion, Larry Granet made a motion to accept the bid from TruGreen Landcare Company in the amount of $13,125.00 for the proposed work. Seconded by Joel Brusso and passed unanimously.

· Rick Leach went on to present a proposal from Allstate Fish & Wildlife Management, copy attached, in the amount of $2,065.00 to place 200 Grass Carp fish into our lakes. The presence of the Grass Carp will eliminate most of the algae and weed growth in our lakes. It seems we have an abundance of growth due to the amount of recent rain. He also reminded us that the former Fishing Club, upon disbanding, had made a donation of $881.57 to the B.S.P.O.A. expressly for the purpose of ridding our lakes of unwanted growth, by the use of Grass Carp. This donated amount of dollars would reduce our expense down to $1,183.43.

After some discussion a motion was made by Robert Dow to accept the proposal from Allstate Fish & Wildlife in the amount of $2,065.00 to place 200 Grass Carp fish in our lakes. Seconded by Larry Granet and passed unanimously.

Suggestion Box

Mitzi Seidman suggested that we have Comcast remove the Spanish Channel and replace it with a Channel for Old-Time Movies or a Tennis Channel. Rick Leach advised that we have a contract with Comcast which provides basic cable. Any resident that wants additional channels can order them at their own cost.

Larry Granet made a motion to adjourn the meeting at 10:40 A.M. Seconded by Robert Dow and passed unanimously.

Respectfully submitted,

Miriam Plonsky

Secretary