President, James F. Strong, called the regular meeting of the Board of Directors of Point Venture Property Owners Association, Inc. to order at approximately 9:00 a.m. on Saturday, June 10, 2006.  The board members in attendance were Mark Hipskind, Jim Blanton, Bill Harbour, Hank Reimer, Everett Roberts, Jim Strong, and Colleen Hickman.

     The first order of business was to announce the election results for the Board of Directors.  The votes were counted on June 9, 2006.  There were 326 conforming ballots counted.  There were 29 non-conforming ballots that were voided.  The results for the election were as follows: James T. Blanton - 107; Joel Desmarais - 216; Jim Hawkins - 230; Gwen Kale - 102; Bobby J. Kuykendall - 212 and Perry Senn - 65.  With election results certified, Joel Desmarais, Jim Hawkins and Bobby J Kuykendall were seated as new members of the Board.

     The minutes of the June 11, 2005 pre-session Meeting were approved.

The minutes of the June 11, 2005 Annual Membership Meeting were approved.

The minutes of the Junes 11, 2005 Executive Session Meeting were approved with noted corrections.

     Treasurer, Mark Hipskind, gave the financial report. The bank balance as of May 13, 2006, is $723,220.73. The Treasurer's Report was approved.

The Landscape and Park Committee report was given by Colleen Hickman.  The Landscape Committee proposed re-routing traffic in the park.  Aerial photos were presented and a drawing of the proposed new road was also presented.  This effort is to keep traffic from driving between the pavilion and the children's play area.  When the road was first built there was no pavilion or play area so safety was not an issue.  Now, the Parks and Landscape Committee feel that it's dangerous to have vehicles, especially vehicles pulling boats, going between there when kids are present.  Community input was requested both through Jerry Matthews's website and e-mail circulation but little response was received.  Discussion followed.

There was not committee member to report on the Pool, Club Room and Recreation Area. President Strong gave a brief update on the improvements made to the exercise room.  He also discussed some of the suggestions received regarding the exercise room.  Board Member, Hank Riemer, requested additional information regarding the reports of vandalism at the pool.  Discussion followed.

The Architectural Control Committee was given by Ron Hruby.  Mr. Hruby made the clarification that the ACC is not a committee under the POA but rather a separate entity under the deed restrictions.  Mr. Hruby reported that as of June 9, 2006, there were 19 sets of plans submitted for approval; 13 were new homes, 4 were additions and 2 were remodeling.  As compared to the previous years, in 2005 there were 10 plans submitted by this time, 2004 there were 15, 2003 there were 16, 2002 there were 20 and in 2001 there were 12.

Security Committee - There was no report from security committee. Several members voiced their opinions on the schedule the security personnel follow as well as what security is or is able to do in the community.  Discussion followed.

Mark Hipskind reported for the Marina Committee.  The wheels are turning slowly but they are turning.  There was a meeting with the LCRA this week.  The permit issue was visited during this meeting.  If everything goes well, there could be some visible work started by the end of the summer.  The worst case scenario would be a year and a half down the road.  All this will be based on public input because a public notice does need to be filed.  Discussion followed.         


     Old Business - No old business to discuss.

     New Business - One item of new business was the certification of the Board of Directors nominees. These are the names of the candidates that will appear on the ballot: Perry Senn, Bobby Kuykendall, James T. Blanton, Gwen Kale, Joel Desmarais, and Jim Hawkins. Also, a concern was voiced by a property owner regarding the re-directing of the water when the road was re-done on Comanche Lane and how this has affected the way the water runs behind her house as well as the possibility of flooding on her property if the rain is significant.  Discussion followed.

     A motion was made to adjourn at approximately 10:10 a.m.  The motion was approved.