President, Jim Hawkins, 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, October 14, 2006.  The Board members in attendance were Everett Roberts, Bobby Kuykendall, Mark Hipskind, Jim Hawkins, James F. Strong, Colleen Hickman, and Hank Riemer.  Absent for this meeting were Joel Desmarais who gave his proxy to Mark Hipskind and Harry Filbey who gave his proxy to Bobby Kuykendall.

The minutes of the previous meetings were approved as written.

President Hawkins gave the floor to Mark Hipskind to introduce the guest speaker, Stan Rountree from the LCRA's Lake Watch Program.  Mr. Rountree gave a presentation on the benefits of the Lake Watch Program.  Mark Hipskind volunteered to be the Lake Watch Program captain for Point Venture.  All signs and materials will be provided by the LCRA.

Treasurer, Bobby Kuykendall, gave the financial report. The bank balance as of October 13, 2006, is $671,634.95.

Golf Course Committee report was given by Colleen Hickman.  The results of the golf course survey have not been fully reviewed but most comments seem to be positive.  Play is good this year and it appears that it will be as good as last year which was a record year for the golf course.  Discussion followed.

Amenities Committee report was not available as there was no committee member to report.

Security Committee - Hank Riemer reported for the security committee.  There have been no major changes or incidents to report since last meeting's report. Traffic is down and the restaurant is closed since the Labor Day weekend so things have been quiet for security. The park gate was jammed with a trash container which allowed the gate to remain open and a lot of people to have free use of the park for one night.  The recycle area was vandalized several times this past summer.  It was decided to lock the recycle area during the night and open it early in the morning.  Several of the items requested during the last meeting have been received.  Key tags were requested for the emergency personnel.  Security cameras were requested for the pool area as it gets vandalized in different ways.  A request was also presented regarding an increase in wages for security personnel and the leasing of a Security truck.

Mark Hipskind reported for the Marina Committee.  There was a meeting with the LCRA regarding the permit two weeks ago and we learned the we did not meet part of the new ordinance about the 10% rule which is have a structure that is more than 10% of the width of the cove.  Additional reconfiguration is being made to comply with this ordinance.  Additional comments were made on the LCRA Lake Watch Program.  Mark suggested that you get to know your slip mate.  The marina is still out in the main body of water.  Discussion followed.         

The Parks and Landscape Committee report was given by Sue Judeikis.  The committee has been getting ideas from several landscapers.  New plants will be planted all around the clubhouse.  The old plants that were there have been removed.  Waterlines will be installed to keep the new plants watered.  They are now only waiting for the bids from the landscapers.

The Restaurant Lease Committee report was given by Gwen Kale.  The committee has put together a Request for Proposal that has been made available to potential bidders.  A bidder's conference will be held to answer any questions from potential bidders.  The process is moving along and the hope is to the project finalized by the first part of next year.  Discussion followed.

The Monitored Access Gate report was given by President Hawkins.   A legal opinion was received by the POA attorney regarding the monitored access gate.  Because the Village of Point Venture receives from Capital Metro to maintain the roads as well as the actual maintenance that the Village has done to the road, it will be very difficult to return to a monitored access gate mode legally.  The possibility of a courtesy gate is being reviewed.

Old Business - No old business to discuss.

New Business - Under new business there were several items presented:
1. The use of the old kitchen and bathroom area in the workout room building.  President Hawkins presented some ideas that have been mentioned to him and he also requested additional ideas from the audience.
2. Budget proposal from committee chairs were requested by President Hawkins to be included in next years budget.  Several comments were made regarding the clubroom tables and whether they would be replaced.  Another comment was regarding the tennis courts.  President Hawkins is suggesting that maybe the courts that are not lighted, be re-surfaced and put to use in some other way.  The maintenance of the lighted courts was visited by Bobby Kuykendall. 
3. The result of the Park survey was address by Jim Strong.  Mr. Strong spoke about the question of whether the "Island" out by the park is the property of the PV POA or not.  He is consulting with surveyors to get this information straight.
4. President Hawkins addressed the Board on purchasing flags with the Point Venture logo.

Members Input or Inquiries -
I. A member brought up the possibility of bringing up sand to the shore of the lake at the park.  President Hawkins explained that this has already been attempted by someone in the Lakeway area and it does not work because of the fluctuation in water levels. 
II. Another member addressed the Board on the re-routing of the roads outside of Point Venture by Waterford.  President Hawkins explained how the new road is going to divert traffic.
III. A member addressed the Board about the Golf course and how important it is to the community.  He was also commenting on how well the course is being maintained by the Allens and how their work is sometimes challenging due to problem customer.
IV. A comment was made on the safety of the boat ramp and dock at the park at night.  The member stated that it was difficult to see it in the dark.  President Hawkins stated that the Board is looking into getting a solar or battery operated light.

A motion was made to adjourn at approximately 11:30 a.m.  The motion was approved.