ANNUAL GENERAL MEETING
October 6, 2004

The meeting was held at the Cedarville Community Center and was called to order at 7:20 by President Joe Serafini. There were 8 lot owners present and 4 proxies (12 total)we need 16 for a quorum (***SEE BELOW***).

Secretary minutes: May 19 General meeting minutes were read by Diane Kitts and were accepted with no additions or corrections.

Fish and Water quality: No official report. Joe discussed some options for netting the carp with Wayne Kempthorne. This may be a possible solution if there is a market for Carp.

Dam report: Martin Oakes indicated the catchment pond dredging was done and there were 30 truckloads of silt removed. Only about one third of the larger pond was done due to the equipment they had. Cost was $1799. Other options were discussed, such as yearly dredging to keep on top of it, and having Fischer contact us when the longer reaching equipment is in the area doing another job.

Gastel & Assoc., (Coby Smith is the new owner), was to inspect the dam in September but we have not received a report yet. The dam is stable and there is no vegetation in the stream bed. There is a need to stabilize the riprap on the dam but a strong work team is needed and Martin has received no volunteers (will plan for 2005).

Frontages needing repair. Anyone who would like the water lowered next year to work on your frontage let Martin know. Fall is certainly the best time to lower the lake, since in the Spring the lake fills up faster and it is harder to keep the level lower.

Mowing on the backside of the dam has been spotty, when it's your turn to mow, be sure all areas are addressed.

Treasurer's report: Jan indicated we have an owner delinquent, while a couple others still may owe for assessment or may be a month behind. When there are lot owners delinquent, Joe will work with Jan to contact them. Last years budget was good. If we keep paying as we are the loan should be paid off by August 2005 when it is due. The books were audited by Jim Kleindl and Tom Dixon and were found to be in good order. We are still working on selling the boat as the original buyer changed his mind.

Fish restocking next year will depend on the fish count. Motion to accept budget as proposed by Harry Benoit seconded by Norm Sokup. Motion to accept, motion carried, none opposed.

Annual Picnic for 2005: August 6th (1st Saturday) has been set with a rain date of August 13th (2nd Saturday). Anyone interested in chairing or co-chairing this should let Joe Serafini know. Discussion was held on how to get more people involved in Lake Affairs as the overall interest and upkeep affects everyone's property value.

Slate of Officers for 2004-2005:

Joe Serafini - President
Bob Thomas - Vice President
Jan Benoit - Treasurer
Betty Kraft - Director
Nick Namio - Director
Andrew Soria - Director

Many thanks to Wayne for his clean up after the dredging and for his continued mowing of the catchment pond property, and to Larry Frazee for mowing and upkeep of Lot 30a.

Martin has a paddleboat that has drifted onto his property, an Aqua Toy, if not claimed in one month, it will be sold to highest bidder. To claim, please call Martin @ 235-9131. [Has been claimed]

** Please remember to put your name and or lot number on your watercraft as it helps for quick identification when a similar situation occurs. **

Motion to adjourn by Norm Sokup seconded by Andrew Soria at meeting adjourned at 8:35.

***

WE DID NOT HAVE A QUORUM, WE ARE ATTACHING A PROXY I VOTE

Note Budget and Officers. which reauired maioritv vote.

PLEASE SIGN, DATE, AND RETURN TO JOE SERAFINI OR JAN BENOIT

ANY QUESTIONS REGARDING THE MEETING OR AGENDA?

PLEASE CONTACT JOE SERAFINI - 235-9710

Submitted by Diane Kitts Secretary