President, Jim Hawkins, called the special meeting of the Board of Directors of Point Venture Property Owners Association, Inc. to order at approximately 8:30 a.m. on Saturday, September 9, 2006.  The board members in attendance were Harry Filbey, Joel Desmarais, Everett Roberts, Bobby Kuykendall, Mark Hipskind, Jim Hawkins, Jim Strong, Colleen Hickman, and Hank Reimer.

New Business

First order of business was the report from the Restaurant Committee.  Mr. Filbey reported that the first meeting was very successful and that they are diligently working on putting together an RFP.  The members of the Restaurant Committee are Richard Spahn, Richard Shinn, Bob Chase, Linda Wertz, Joel Desmarais, Everett Roberts, and Mr. Filbey.  Mr. Filbey also reported that the committee is working on creating a timeline and may tentatively set a date for sending the RFP's out by the end of September.  A bidders meeting will also be scheduled for some time after that.  The bidding process will then be opened and 30-45 days will be allowed for the bids to come in.  At the end of this period, the committee will review all the bids and the Board will be briefed on the one the committee recommends.  The owner of the current lease (Mr. Larry Muske and his company) will then be given 30 days to meet the terms of the bid recommended by the committee.  If Mr. Muske does not agree with the terms then the lease will go to the best responder.  Discussion followed.

Second item on the agenda was the report from the Marina Committee.  Mark Hipskind reported that most of the Marina update was included in the newsletter.  We are now in the Technical Review state with the LCRA.  As of yesterday, everything looked good with only a couple of questions that are being handled by the engineers through the LCRA.  A Request For Proposal has been received and is available for review.  The estimate came in at $1,424,105 which is very close to the original estimate.  Discussion followed.

Third on the agenda was the Fire Boat slip for ESD #1 in our marina.  Mr. James Strong reported that ESD #1 may not be interested in putting a boat in our marina where the marina currently sits.  As it stood before the marina was moved, the boat was going to be located on G dock.  It is understood that the ESD is willing to move a rescue boat that is currently being house in Sandy Creek marina to our marina.  Once that boat moved here, firefighting equipment was going to be brought on to the boat.  There has been some informal discussion between the Board members and it seems that most if not all agree that it would be a benefit to the community and this portion of the lake to go ahead and provide the slip.  If the reconfiguration is complete, there will be 28 additional 20' slips available.  The proposal is to go ahead and provide the slip to ESD free of charge and have them located in our marina an in this area of the lake.  Mr. Strong made a motion to approve the proposal.  Mark Hipskind seconds the motion.  It was approved unanimously.  Discussion followed.

Fourth item on the agenda was the survey of the park.  President Hawkins requested comments or questions from the Board.  Mark Hipskind stated that it would be good to know where our boundaries are.  Mr. Strong then commented that there has been some question as to whether the island is part of PV POA property.  Looking at the survey done by Tim Haynie when the Village boundaries were surveyed, it is Mr. Strong's opinion that a good part, if not the entire island is within Village and PV POA boundaries.  This was accomplished when the common property was transferred from Mitchell Corporation in 1985 to Property Owners Association.  Mr. Strong is requesting that a survey be done of the area to determine the boundaries.  Colleen Hickman made a motion to hire surveyors.  Mr. Strong seconds the motion.  The motion was approved unanimously.

Item five on the agenda was whether to demolish the old boat ramp at the park.  President Hawkins gave a brief history on this ramp and the safety issues that it poses.  President Hawkins is bringing this to the board because it will require some money to remove it.  The idea of a barrier was brought up in discussion.  Discussion followed.   

Item six on the agenda was the moving of the ACC files into the POA office.  Mr. Strong suggested that most of the files be left in the old Village office and only keep one file cabinet with the active files in the POA office.  Discussion followed.

Item seven on the agenda the request from PEC for an easement.  President Hawkins gave a brief description on the request from PEC and the location of the easement.  Discussion followed.  It was approved to give PEC the easement.

Old Business

Mark Hipskind revisited the issue of security.  He would like a list of what security's responsibilities are for the community to know.  Hank Reimer stated that it is in the works.
Colleen Hickman brought up the subject of the manager's search committee.  She recommended that the Board members review the resumes that have been received in case they see something that the committee missed.  Discussion followed.
Bobby Kuykendall stated she has spoken with the POA's accountant, Tom Burt, and will meet with him the first of November to review the current processing and the way we do our financials.  The audit was also mentioned by Colleen Hickman. Discussion followed.
Hank Reimer read a prepared statement regarding the Security Committee.  He visited several areas that will be improved.  He made several requests from the Board that will be reviewed at a later time.  Discussion followed.

A motion was made to adjourn at approximately 9:50 a.m.  The motion was approved.