Nov 19, 2007

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0 height="100%"><tr> <td valign="top" width=150 BGCOLOR="#FFFFFF" TEXT="#080000" background="11d966b2egerdp.jpg"> <div> <IMG SRC="11c64550.gif" border=0 width="100" height="85" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></div> <div> <A HREF="index.htm" TARGET="_top" TITLE="Home"><U>Home</U></A></div> <div> <A HREF="id41.htm" TARGET="_top" TITLE="Board Meetings"><U>Board Meetings</U></A></div> <div> <B>REGULAR</B></div> <div> <A HREF="id249.htm" TARGET="_top" TITLE="June 18, 2007"><U>June 18, 2007</U></A></div> <div> <A HREF="id250.htm" TARGET="_top" TITLE="July 16, 2007"><U>July 16, 2007</U></A></div> <div> <A HREF="id275.htm" TARGET="_top" TITLE="Sept 17, 2007"><U>Sept 17, 2007</U></A></div> <div> <A HREF="id276.htm" TARGET="_top" TITLE="Oct. 15, 2007"><U>Oct. 15, 2007</U></A></div> <div> <B>Nov 19, 2007</B></div> <div> <A HREF="id329.htm" TARGET="_top" TITLE="Dec 17, 2007"><U>Dec 17, 2007</U></A></div> <bR> <div> <B>SPECIAL</B></div> <div> <A HREF="id273.htm" TARGET="_top" TITLE="Sept. 10, 2007"><U>Sept. 10, 2007</U></A></div> <div> <A HREF="id274.htm" TARGET="_top" TITLE="Sept 24, 2007"><U>Sept 24, 2007</U></A></div> <div> <A HREF="id270.htm" TARGET="_top" TITLE="Oct 1, 2007"><U>Oct 1, 2007</U></A></div> <div> <A HREF="id271.htm" TARGET="_top" TITLE="Oct. 8, 2007"><U>Oct. 8, 2007</U></A></div> <div> <A HREF="id272.htm" TARGET="_top" TITLE="Oct 22, 2007"><U>Oct 22, 2007</U></A></div> <div> <A HREF="id269.htm" TARGET="_top" TITLE="Nov 12, 2007"><U>Nov 12, 2007</U></A></div> <bR> <div> <B>VOTE RESULTS</B></div> <div> <A HREF="id134.htm" TARGET="_top" TITLE="bylaw 020407"><U>by-law 02-04-07</U></A></div> </td> <td valign="top" BGCOLOR="#FFFFFF" TEXT="#080000" background="0638d653.jpg"> <bR> <div> <TABLE BORDER="1" CELLPADDING="5" CELLSPACING="0" WIDTH="661" BORDERCOLORLIGHT="#C0C0C0" BORDERCOLORDARK="#808080" FRAME="BOX" RULES="ALL" ALIGN="LEFT" HSPACE="0" VSPACE="0" BGCOLOR=#FFFFCC > <tR> <tD VALIGN=TOP HEIGHT= 2784 ><NOBR><bR> <div> <TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="613" BORDERCOLORLIGHT="#C0C0C0" BORDERCOLORDARK="#808080" FRAME="BOX" RULES="ALL" HSPACE="0" VSPACE="0" > <tR> <tD VALIGN=TOP COLSPAN=3 HEIGHT= 75 WIDTH="617"><div> Board Of Directors Meeting - Minutes</div> <div> November 19, 2007</div> <div> Country Club - 6:30 P.M.</div> <bR> </tD> </tR> <tR> <tD VALIGN=TOP COLSPAN=2 HEIGHT= 76 ><NOBR><div> Directors Attending:</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="464"><div> Jim Marsh- President, Maxine Hartman - Vice President, Helen Hege-Secretary, Pete Dowling-Treasurer, Kenneth Bush-Member, and Todd McGilton-Member.</div> <bR> </tD> </tR> <tR> <tD VALIGN=TOP COLSPAN=2 HEIGHT= 38 WIDTH="151"><div> Absent:</div> </tD> <tD VALIGN=TOP WIDTH="464"><div> Mr. Carl Beauchamp - Assistant Secretary</div> <bR> </tD> </tR> <tR> <tD VALIGN=TOP COLSPAN=2 HEIGHT= 57 ><NOBR><div> Others Attending:</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="464"><div> Gary D. Rader-General Manager, Cheryl Yosten-Recording Secretary</div> <bR> </tD> </tR> <tR> <tD VALIGN=TOP COLSPAN=3 HEIGHT= 132 WIDTH="617"><div> The regular monthly meeting of the Falconhead Property Owners Association Inc. Board of Directors was called to order by President Jim Marsh.  He stated that there is a quorum of the Board to conduct business.</div> <bR> <div> The Pledge to the Flag was led by Secretary Hege.</div> <bR> <div> The Invocation was led by Ms. Diana  Buck- Falconhead Chapel Board Member.</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 94 WIDTH="31"><div> 1.  </div> </tD> <tD VALIGN=TOP COLSPAN=2 WIDTH="584"><div> <U>Minutes - October 15, 2007  Board of Directors Meeting</U>:  Motion was made by Mr. Bush the minutes be approved as written.  Seconded by Vice President Hartman. </div> <bR> <div> Motion carried 6 to 0.</div> <div>  </div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 113 WIDTH="31"><div> 2.</div> </tD> <tD VALIGN=TOP COLSPAN=2 WIDTH="584"><div> <U>Minutes - October 22, 2007 Special Board Meeting</U>:   Motion was made by Secretary Hege  the minutes be approved as written.  Seconded by Vice President Hartman.</div> <bR> <div> Motion carried 6 to 0.</div> <bR> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 94 WIDTH="31"><div> 3.</div> </tD> <tD VALIGN=TOP COLSPAN=2 WIDTH="584"><div> <U>Minutes - November 12, 2007 Special Board Meeting</U>:   Motion was made by Mr. Bush the minutes be approved as written.  Seconded by Secretary Hege.</div> <bR> <div> Motion carried 6 to 0.</div> <bR> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 131 WIDTH="31"><div> 4.</div> </tD> <tD VALIGN=TOP COLSPAN=2 WIDTH="584"><div> <U>Treasurer's Report</U>: The October Treasurers report was given by Treasurer Dowling.</div> <bR> <div> Motion was made by Vice President Hartman the report be approved as written.  Seconded by Mr. Bush.</div> <bR> <div> Motion carried 6 to 0.</div> <bR> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 361 WIDTH="31"><div> 5.</div> </tD> <tD VALIGN=TOP COLSPAN=2 WIDTH="584"><div> <U>The General Manager's Report</U>: The General Manager's report was given by Mr. Rader detailing several points.  Mr. Rader asked for more volunteers for the Pro Shop and the Country Club.  The Green's Superintendent Committee had a meeting and has interviewed applicant s they were interested in.  There are problems with people driving to fast on Falconhead grounds and we need to slow down.  The Oklahoma State Health Department will be at Falconhead to inspect the Country Club and Rooms.  The swimming pool at Falconhead has some old problems that must be addressed before we can open it again this coming season.  Bids have been sent out along with information packets to several reputable pool repair specialists.  The Oklahoma State Health Department is requiring this of us.  The swimming pool still needs a manager for the 2008 season.  We also need lifeguards.  The holiday schedule for the Country Club will be Saturday and Sunday only.  The final topic covered by Mr. Rader was the Employee of the Month presented to Mr. Steven Brown.</div> <bR> <div> <U>Old Business</U>:  None.</div> <bR> <div> <U>New Business</U>:</div> <bR> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 950 WIDTH="31"><div> 6.</div> </tD> <tD VALIGN=TOP COLSPAN=2 WIDTH="584"><div> <U>Proposed By-Law changes</U>:  The discussion was opened by President Marsh for comments on the proposed changes to the by-laws to be voted on at the Falconhead Annual Membership Meeting February 2, 2008.  These are the same changes that were voted on February 4, 2007. President Marsh opened the discussion and asked anyone who would like to speak should come to the podium and identify themselves for the record.  </div> <bR> <div> Mr. John Krumrine addressed the board for clarification on percentages needed for a quorum.  President Marsh explained the amended "Articles of Incorporation" for Falconhead state that the quorum burden of 5% had been met.  The proposed changes in the by-laws from 33 1/3 % to 5% were what were being discussed for the vote February 2, 2008.  This way the "Articles of Incorporation" and the "By-Laws for Falconhead" would match and be in agreement.  As it stands right now on advice from F.P.O.A. legal counsel if there is a question, the "Articles of Incorporation" take precedence over the "By-Laws of Falconhead".  Mr. Krumrine questioned if it was legal to make changes to the "Articles of Incorporation" without the general membership seeing them.  President Marsh assured all members present this was indeed done legally with advice from counsel.</div> <bR> <div> Mr. Rader asked Mr. G. Tim Armstrong to please come to the podium and explain to the membership at large what the Board of Directors was trying to accomplish.  Mr. Armstrong reiterated all President Marsh had said, explaining the changes and amendments in question.</div> <bR> <div> The meeting took a decided turn as Mr. Armstrong was trying to accomplish what Mr. Rader had asked him to do.  Mr. Rader also explained that the reason for the proposed changes and the discussion was members had asked for a chance to review and discuss the proposed changes before voting on the proposed changes in February, 2008.  The Board of Directors was just trying to comply with the membership request.</div> <bR> <div> Mr. Gene Andruss addressed the Board of Directors with rebuttal concerning the "Articles of Incorporation" stating no one on the property other than the Board of Directors was privy to the discussion concerning amending the existing "Articles of Incorporation".  "Is this a judge's opinion or attorney recommendations concerning the changes?  The Board of Directors needs to slow down and make sure what is happening is legal before proceeding."</div> <bR> <div> Throughout the meeting several members were disruptive and disrespectful to the Board of Directors by not coming to the podium and identifying themselves for comment, causing President Marsh to have to restore order to the meeting.</div> <bR> <div> Mr. Vaughn Holcer addressed the Board of Directors with support for the Board of Directors but stating that all the members really want is a detailed budget and allocation of funds.   Mr. Holcer asked "Is the amended "Articles of Incorporation" what we are trying to match up to with these by-law changes?"  Question answered: Yes.</div> <bR> <div> No resolution was made and the meeting moved on to the next topic.</div> <bR> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 603 WIDTH="31"><div> 7.</div> </tD> <tD VALIGN=TOP COLSPAN=2 WIDTH="584"><div> <U>Official Men and Women's Golf Association for Falconhead</U>: President Marsh presented the idea for the official names for the Men and Women's golf at Falconhead. For the men it would FALCONHEAD MEN'S GOLF ASSOCIATION or F.M.G.A.  For the women it would FALCONHEAD LADIES GOLF ASSOCIATION or F.L.G.A.</div> <bR> <div> Motion was made by Treasurer Dowling to accept the F.M.G.A. and the F.L.G.A. as presented as the new official associations at Falconhead.  Seconded by Mr. McGilton.</div> <bR> <div> Motion carried 6  to 0.</div> <bR> <div> Motion to adjourn to Executive session was made by Vice President Hartman.  Seconded by Treasurer Dowling.  </div> <bR> <div>  Motion carried 6 to 0.</div> <bR> <div> Motion was made to come out of Executive Session by Vice President Hartman.  Seconded by Mr. McGilton.  </div> <bR> <div> Motion carried 6 to 0.</div> <bR> <div> Motion by Vice President Hartman as follows:  F.P.O.A., Inc. has been instructed to pay Boulder Development Company, Invoice # 1536, Amount: $25,000.00 out of the Jinco, LLC Special Operating Fund per Mr. Kenny Bush.  Seconded by Secretary Hege.</div> <bR> <div> Motion to adjourn was made by Mr. Bush.  Motion was seconded by Mr. McGilton.  </div> <bR> <div> Motion carried 6 to 0.</div> <bR> <div> Meeting adjourned at 8:10 P.M.</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="31"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="31" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="118"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="118" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="464"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="464" HSPACE="0" VSPACE="0"></tD> </tR> </TABLE></div> <bR> </NOBR></tD> </tR> </TABLE></div> <bR> <bR> <bR> </td> </tr></table></body>