December 15, 2001

The president, Ray O’Connor, called the meeting to order in the private dining room of the Chablis Restaurant, Registry Hotel at 6:00 p.m. Present were: Charles Morris, John Iaizzo, Robert Andersen, Richard Laughlin, Gerhard Seblatnigg, Thomas Toomey, William Turner, James Henry, Barbara Martin, and Alice Kay Potter. Also present was Don Spanier, of the Community Affairs Committee.

The reading of the minutes of the last meeting was dispensed with.

The report of the treasurer was dispensed with.

Mr. Turner moved that the proposed budget for 2002 be adopted, seconded, by Mr. Morris and passed unanimously.

The president proposed that the Board consider the formation of a special committee that would observe and monitor how our Pelican Bay PUD regulations are adhered to now that the development is near build-out. He proposed for membership on this committee himself, Mr. Turner and Mr. Marvin Peterson, a former Board member. He also suggested that it serve at the pleasure of the Board.

Mr. Iaizzo expressed concern about the Pelican Bay berm that is adjacent to US-41. He asked the status of the letter that is to go the MSTBU from the PBPOA, and to be signed by Mr. O’Connor and himself.

The next meeting was set as for January 10, 2002 at 3:00 p.m.

The meeting was adjourned at 6:30 p.m.