Waterford at Smith Lake
Board of Directors Meeting Minutes
January 26, 2026
Meeting Called to Order:
The meeting was called to order at 5:44 P.M. by Don Monistere, President, and seconded by James Eidson.
Board Members Present
- Don Monistere, President
- James Eidson
- Caleb Bright (Bright Management)
- Travis Tidwell, Secretary
- Judy Wise
- Jim Turner
Board Members Absent
- Brad Parnell
Homeowners Present
- None
Old Business
Owner Voting Update:
- As of January 26, 2026, 42 of 48 homeowners have voted.
- Don Monistere is verifying that all homeowners have received the voting email.
- All owners who have voted indicated they will pay by lump sum.
- Eight (8) votes were cast for options other than Option One.
Project Updates (Caleb Bright):
- Met with Alabama Ornamental; work is anticipated to begin by the end of February.
- The EIFS contractor will provide color samples for Board approval.
- Two gutter contractors have been contacted for the work needed to be done.
- The Rip Rap shoreline project permitting will not proceed until next year due to the sensitive shoreline area. Permits are valid for one year once issued.
- Lump-sum payments will be billed in mid-February.
- Quarterly payment plans will begin with the next billing cycle and will be due upon receipt.
New Business
Unit 103, Building 200 – Water Intrusion / Mold Issue:
- The issue at Unit 103 has not yet been resolved.
- Dehumidifiers have been running since December 16, 2025.
- James Eidson recommended the Board proceed with water and mold remediation.
- An initial remediation quote of $13,000 was discussed.
- Homeowners in affected units will be notified prior to remediation work beginning.
Motion:
Don Monistere made a motion to authorize Caleb Bright to secure a contractor and proceed with mold remediation.
- Second: James Eidson
- Vote: Board approved unanimously.
Homeowner Responsibility Reminder:
- Don Monistere will send an email reminder to homeowners stating they are responsible for their individual water lines and water heater replacements.
Adjournment
Motion:
The meeting was adjourned at 6:17 P.M.
- Made by: Don Monistere
- Seconded by: James Eidson
- Vote: Approved unanimously