CCR News January 2019 | Page 6

Continued from page 5 R. Karbon was elected for 2019 Board President. project year end surplus for 2019. Members may find this Budget in the members section CCR Website. Motion by R. Karbon seconded by D. Smith to accept the 2019 budget. Motion passed unanimously Vice-President R. Karbon nominated A. Lifsey for 2019 Board Vice-President, N. Thurston nominated M. Ames for 2019 Vice-President. No other nominations at this time, nominations closed for vote. M. Ames was elected for 2019 Board Vice-President. E. Johnson gave an update on the broken down 2006 Komatsu front-end loader repairs. To get our 2006 Komatsu repaired and running for normal operating diagnosis, the minimum cost to repair would be $47,667. If after these repairs are completed and engine damage is discovered, the total cost to repair could be as much as $72,528. The Board considered four purchase options from Komatsu, Case, Caterpillar and John Deere ranging from 158,894 to 184,970. The board also considered four finance options from 159,000 to 200,655. There was a long discussion between the manager, board and members in the audience on the best option for the ranch. Secretary V. Kaszonyi nominated M. Smith for 2019 Board Secretary. No other nominations at this time, nomination closed. M. Smith was elected for 2019 Board Secretary. Treasurer R. Karbon nominated V. Kaszonyi for 2019 Board Treasurer. No other nominations at this time, nominations closed for vote. M. Smith was elected for 2019 Board Treasurer. Motion by D. Smith seconded by V. Kaszonyi to purchase the Caterpillar 918M ARQ for $162,988.71 financing it for 60 months at 0% interest with a 5-year warranty to come out of the Capital Fund. The monthly payment is NTE $2,800. Roll call vote motion passed unanimously. President M. Ames thanked D. Smith for serving on the board. Adjourn Adjourned the Board meeting at 1:20 p.m. E. Johnson asked the Board to consider how we want to regulate the use of side by side (UTV’s) on Ranch property stating that he believes the best course of action is to define a set of standards that that are in the best interest of the association. Currently we are using standards there were adopted by the Michigan Secretary of State to ensure these vehicles have the proper equipment to operate of Michigan roads. He recommended this topic be added to the open issues log for further investigation and discussion and policy development. E. Johnson will draft a letter to all committee chairs along with a side by side vehicle definition seeking committee recommendations. Committee response are due back by the March Board meeting. This item will be #309 on the Open Issue Log. The next Board Meeting is January 19, 2019 Dates for the 2019 Board of Directors meetings are as follows with Executive Session starting at 9:00 am and Regular Session starting no later than 9:30 am: Saturday, January 19, 2019 Sunday, January 20, 2019 – Board Orientation/Training Saturday, February 23, 2019 Saturday, March 23, 2019 Saturday, April 13, 2019 Saturday, May 18, 2019 Saturday, June 22, 2019 Saturday, July 20, 2019 Saturday, August 24, 2019 Saturday, September 21, 2019 (Annual Meeting) Saturday, October 26, 2019 Saturday, November 9, 2019 Saturday, December 14, 2019 Board of Directors Elections: President M. Ames nominated R. Karbon for 2019 Board President. No other nominations at this time, nominations closed for vote. 6