MINUTES OF THE SEPTEMBER 10, 2003 BOARD OF DIRECTORS MEETING

ATTENDANCE
The meeting was called to order at 7:15 p.m.; Board members attending were Vernon Hassell presiding, Mel Weiser, Michael Janner, Louise Gonzales, Mark Mohr, Claude Baker, and Charles Crain. Also, present were Will DeVane of Genesis Community Management, and Inwood Forest homeowners: Clark Blanco, Michelle Cutler, Cheryl Ward, Jack McCarty, and Ann James.

OPEN FORUM
Jack P. McCarty stated there was a new Kroger Grocery Store being built north of Inwood and the storefront police station on 43rd would be moving to that area. Mr. McCarty stated the person in charge of neighborhood security is Hubert Laday and his telephone number is 713-218-5629.

Mr. Blanco brought to the attention of the Board several houses that are currently in violation of the Inwood Forest deed restrictions.

MINUTES
A motion was made, seconded and unanimously carried to accept the minutes of the August 13, 2003 meeting as amended.

FINANCIAL REPORT
· Financial reports for September 2003 were presented. After review, a motion was made and seconded to accept the financial reports as presented.
· The Board of Directors discussed investing $50,000 of the Associations money. After discussion investing the money was voted on. The votes were as follows: Charles Crain – opposed, Mark Mohr – abstained, remain Board members – approved. (Attached – projected cash flow as per Mark Mohr)
· Board agreed to reduce withheld balance due by the Golf Course for security services rendered by the Association for the cost of using the meeting room at the Country Club for the annual meeting.

MANAGEMENT REPORTS
DEED RESTRICTIONS
· Deed restriction report was presented to the Board of Directors.

FLOOD CONTROL
· Director Crain presented flood control report. He is currently in the processes of setting up an appointment with Ekels to request the installation of two earth damns up stream on Vogel.
· Vernon Hassell informed attendants of an up coming meeting where mayoral candidates will be discussing flooding issues at a local church.
· Director Baker questioned why Harris County Flood Control removed the front door of a house in the buy back program and boards it up with plywood before demolishing the house. He made the argument that by doing this it is very obvious the house is no longer occupied and could attract unwanted visitors into the community. Charles Crain agreed to look into the Harris County Flood Control policy and let Mr. Baker know.

NEW BUSINESS
· Director Crain motioned to set up a speaker for the Board in situations where comments are needed in the public arena. Motioned passed and Director Crain was appointed to the chair as speaker.

NEXT MEETING
The next Board meeting will be held on Wednesday, October 08, 2003

ADJOURNMENT
No further business coming before the Board, the meeting was adjourned at 8:30 pm.