BOARD OF DIRECTORS MEETING

DATE:             March 31, 2005 

TIME:              7:00PM

PLACE:           Unit 712

                                                                       AGENDA

1.0       Approval of Minutes of Previous Meeting

2.0       Treasurer's Report-(Joseph Morris)

            2.1       Highlights of February Financial Statements

            2.2       Overview of Operating Budget

            2.3       Overview of Capital Expenditure Budget

            2.4       Audit Status

3.0       Matters Arising from the Meeting of 24 February 05

            3.1       HVAC Consultant: Stage II Progress-

                        3.1.1    “04” Tier Living Room Convector Replacement-(Scope of Work-Bid Package)

                        3.1.2    “04” Tier Living Room Convector Replacement-(Timing of Work)

                        3.1.3    “04” Tier Living Room Convector Replacement-(Payment)

                        3.1.4    Hallway/Exhaust Ventilation-(Scope of Work-Bid Package)

            3.2       Sunderland Place Security- Proposal from Monarc Construction

            3.3       Vending Machine: Status of Removal & Replacement

4.0       Action Items- In Addition to Those Found in 3.0

            4.1       HVAC Maintenance Contract- Renewal Proposal from Unitemp. Alternate

                                    Proposals if Available.

            4.2       Annual Meeting- Establish Date and Venue      

5.0       Committee Reports-

            5.1       Wireless Broadband-(Erlenborn/Larkin)

6.0       Review Status and Discussion Items-

                        -NONE-         

7.0       Other New Business

                        -NONE-

8.0       Executive Session