Minutes

La Reata December 16, 2006 Board Meeting

1. Call to order. Directors-elect David Bell and Nick Collier in attendance.

2. November, 2006 minutes are approved.
3. Joy Dees’ business items.
a. Work performed by Stephen O’Donnel was approved and a check
was cut to remit payment.
b. A combination lock should be put in place to accommodate the fire
department in the event they need access during an emergency. A call
will be put in to the fire department to seek a recommendation. David
Gahagan may be able to provide the information.

4. New business:

a. Discuss putting portion of La Reata funds into interest bearing CD.

1. A motion was made and approved to put the reserves into an
interest bearing CD at First National Bank.
b. Discuss ATV use in La Reata/posting website notice
1. A motion was put in place and approved to put a notice
on the website prohibiting ATV’s on the nature trail.
c. Discuss/conduct 2007 board transition matters.
1. The incoming board will become signatories on the
account with First National Bank.
2. The new board was briefed on various matters for
historical knowledge.
3. David Sager, President; Nick Collier, Vice-President;
David Bell, Secretary/Treasurer; and Joy Dees,
bookkeeper are authorized to sign checks on the La
Reata bank account at First National Bank, Bastrop,
Texas effective January 1, 2007 in accordance with
section 7.05 of the By-Laws.
d. Attorney- Kevin Cochran
1. Needs to send out delinquent account letters and file
liens on accounts more than a year past due.
2. subdivided lot- Kevin will be requested to continue
pursuing to seek a resolution.
3. Kevin will write a letter regarding the bylaws.

5. Adjournment.

The next board meeting will be January 14th.