UNAPPROVED MINUTES OF LAKE SUMMERSET ANNUAL MEETING
DECEMBER 13, 2009

All open session board meetings are audio recorded by the Recording Secretary for transcribing and clarification purposes. Board President Frank Miller, called the meeting to order at 2:00 p.m. Directors present were Leon Gorsch, Karen Franzen, Joan Pepich, Bill Keener, General Manager, Gary Wilke, and Corporate Secretary, Marsha Shelly were also present.

Members signed in: Walter Pepich, Charles Norland, Donald & Barbara Pelletier, John Lund, David Newhouse, Phil & Jane Brannon, Louise Gorsch, Denny Harker, Bernadine Bertacchi, Ronald & Diana Richards, Jack Walsh, Frank & Donna Miller, Janet & Clarence Metzler, Mark Metzler, Howard Lass, Vivian Carlino, John & Kate Cressman, Warren Trapp, Al & Ruth Artisuk, Kathy Moran, Robert Page, Ruth Ryder, Alison Board.

CALL TO ORDER. President Frank Miller called the 37th Annual Meeting of the Lake Summerset Association to order and welcomed all members present.

INTRODUCTIONS. President Miller introduced the current and future Board Members, Leon Gorsch, Karen Franzen, Joan Pepich, Bill Keener, Marty Kisser, who was not present, Carol Raduns who was not present, General Manager Gary Wilke and Corporate Secretary Marsha Shelly. President Miller welcomed new directors: Jane Brannon, John Cressman and Mark Metzler. President Miller also acknowledged the committee chairpersons.

ELECTION COMMITTEE REPORT. President Miller introduced Jack Walsh to provide the election committee report. Mr. Walsh opened by thanking his committee, Corporate Secretary, Marsha Shelly, Tricia Ostergard, Pat Ferguson, and Ron and Diana Richards. There are three new directors elected: John Cressman, Mark Metzler, and Jane Brannon.

AWARDS PRESENTATION. General Manager Wilke recognized Joan Pepich, a departing director, with a plague for her service to the Board of Directors. Joan was a director since 2002 and was the secretary for the CRC committee. Joan thanked past and present board members and Gary Wilke. She congratulated the incoming board members.

General Manager Wilke recognized Carol Raduns, departing director, for her hard work on the Board of Directors. Carol was not present but will receive a plague.

General Manager Wilke recognized Bill Keener, departing director, for his hard work on the Board of Directors. Gary acknowledged Bill Keener’s service in the Marine Corp. and his faithful work as a director.

PRESIDENT’S REPORT. President Miller provided a recap of 2009’s highlights. LSA is a business entity. We have reasonable rules. There is a responsibility of Board Members to property owners to maintain property values. The 2009 accomplishments are: The chip and seal of roads, the 40th anniversary celebration, the By-Law review, the Lake Planning Committee and lake filtration. Some of the items to tackle next year are: lake planning, the lodge roof, the road study, the Redbook rules and also fair housing issues. President Miller would encourage everyone to join a committee. President Miller closed by stating our financial health is strong.

MANAGER’S REPORT. Manager Wilke presented a slide show to show the accomplishments of 2009. They are: The Beach 2 bath house, road work, Mitchell Park shelter house repair, renovation of the beach shelters, lodge renovation of decks, prairie site below the dam, memorial garden, stocking of walleye in the lake, security vehicle, utility vehicle, replacement mower, truck, and replacement of the commercial refrigerator in the lodge. The lodge roof will be addressed in 2010. In closing Manager Wilke stated we have done a great job of maintaining our community. This is the “Best Community Value.”

TREASURER’S REPORT AND PRESENTATION OF THE 2010 ANNUAL BUDGET. President Miller introduced Mark Metzler, to provide the Treasurer’s Report. Mr Metzler gave a power point presentation of the 2009 financial statement and the 2010 proposed budget. Mr Metzler went over the 2010 proposed budget and what we propose to spend. Mr Metzler went over various graphs and illustrations. The Board of Directors felt we needed an increase in dues to offset possible inflation. Mr Metzler recommends the membership approve the 2010 budget.

PRESIDENT MILLER MADE A REQUEST FOR A MOTION TO APPROVE THE 2010 BUDGET WITH AN INCREASE OF DUES OF $5.00. RON RICHARDS OF LOT 133 MOVED, SECONDED BY DAVID NEWHOUSE OF LOT 1, TO APPROVE THE 2010 BUDGET WITH INCREASE OF DUE OF $5.00. MOTION PASSED UNANIMOUSLY.

ADJOURNMENT. JACK WALSH MOVED, SECONDED BY JOHN LUND, TO ADJOURN THE MEETING. MOTION PASSED UNANIMOUSLY. MEETING ADJOURNED AT 3:20.

Respectfully Submitted,

_______________________________
Gayle Gladkin
Recording Secretary