The
Lakeshore Company
Minutes
Annual Meeting on January 23, 2009
The Annual
Meeting of the Lakeshore Company shareholders was called to order at
approximately 9:00PM by President Rick Barrett.
Board
Members Present: Bill Manser, Rick Barrett,
Board
Members Absent: Ray Negele
The
Secretary indicated that a quorum of 54 shareholders was present or represented
via proxies.
Minutes from the 2008 Annual Meeting were approved.
Treasurer’s
Report:
In
accordance with the 2008 By-law changes, the Treasure’s Report was
presented jointly with the Mt. Kemble Lake
Association’s report earlier in the evening during the MKL
Association’s Annual meeting. Although the financial reports were
presented jointly, the actual financial statements continue to be held
separately and the individual written statement for each organization was
provided to shareholders.
Water Report provided by Bill Manser
Lakeshore
was not anticipating any major projects for this past year having just finished
the major work in 2007. We were planning minor upgrades on the projects list we
have been working on for the long term instead.
We had a
minor overflow problem in the Spring when the pressure
switch needed to be cleared causing both a low water warning and subsequent
overflow at the storage tanks. Both this and the recurring problem with the
flow meter in Pump House One sticking were on the to-do list for future
upgrade, so no surprise just normal maintenance was required.
We completed
electric modification for the generator for Pump House One, for which we have a
contract generator on standby, in April. We had a conduit pipe put in place
under Lake Trail East for electric wiring to the tank location as part of the
road project in June.
Another low
water warning again and tree branch took out the overflow pipe later in June.
The fix was to completely clean and redo the pressure
switch trigger and its supply piping. With the help of Ken Heiden,
who immediately volunteered his services, we fixed the overflow pipe for
minimum cost.
The
recurrent problem with the flow meter sticking is being caused by minor grit in
the housing stopping the impeller. It is on the to-do list for a fix in the
future but is not a high priority item as the pump is only run as a back-up -
not in full time service.
A leak
developed on Trails End that required emergency repair which was done
immediately. But we then found problems with the old supply line, for the three
houses on that part of the system, being deteriorated to the point that it was
no longer reliable. It was in danger of imminent failure and could possibly
cause contamination of the system if it failed again.
Lakeshore
held a Community Inform Meeting on Water Affairs in the beginning of October.
Future planned operations and the establishment of an advisory committee were
discussed with interested residents who were able to attend. Subsequent to this
we solicited and received estimates for the replacement of the main supply line
on Trails End to be the same as major mains in the rest of the system. We had
Highlands Water do the work at the end of September and the beginning of
November. At the same time, we reviewed water level and vent extension options
and small leakage problem on the tanks. We had
W. R. Manser
V.P. and
Director of Water Operations for Lakeshore
New Business
There was
no new business beyond the election of the Lakeshore Company Directors for
2009.
The 2009
Lakeshore slate is: Nancy Priscu, Austin Godfrey and
Bob Yingling.
There was a
brief discussion regarding whether or not the Lakeshore Officers should also all
be Officers of the Mt. Kemble Lake Association.
Overall consensus was that as legal council had advised that this was
acceptable, the slate would be presented. The slate was accepted via voice vote
with the majority “yes” and one “no”.
Meeting
adjourned at approximately 9:20 PM.
Minutes
submitted by Lori Denson, Secretary.