July 2026

Waterford at Smith Lake

Board of Directors Meeting Minutes

July 16, 2026

Meeting Called to Order:
The meeting was called to order at 5:36 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
  • Brad Parnell
  • Jim Turner

Board Members Absent

  • None

Homeowners Present

  • None

Old Business

Property Updates (Caleb Bright)

  • EIFS Project: Caleb reported that the EIFS project is progressing well. The lift has been delivered and work is underway on the front of the building. The contractor will be asked to use a contrasting color for the bullnose banding. The EIFS contractor expects to complete the project by the end of the month.
  • Gutter Project: Gutter replacement is scheduled to begin following completion of the EIFS work.
  • Walkway I-Beam Repairs: Caleb will obtain pricing from welding contractors for repairs to the walkway I-beams. Motion: Don Monistere made a motion to defer repairs to the third- and fourth-floor walkway I-beams at this time.
    Second: James Eidson
    Result: Motion approved unanimously.
  • Moisture Issues: Caleb discussed moisture concerns reported in several units. Based on his observations, the majority of these issues appear to be the result of condensation rather than water intrusion.
  • Delinquent Accounts: Don reported that he is contacting owners with delinquent HOA accounts and will proceed as necessary.

New Business

Building 204 Soffit

The soffit material at Building 204 has been replaced. An owner expressed concerns about possible wood rot above the soffit. After discussion, the Board decided not to take further action at this time.

Building 200 Sump Pump

The sump pump serving Building 200 has been operating intermittently.

The Board authorized Caleb to purchase and install a replacement sump pump.

Shoreline Restoration

Caleb will begin the permitting process for the shoreline restoration project and obtain updated pricing.

Because of the complexity of the permitting requirements, Caleb recommended using a permitting service to obtain the necessary approvals.

Motion: James Eidson made a motion to authorize the use of a permitting service.
Second: Don Monistere
Result: Motion approved unanimously.

Rodent Control

Caleb discussed implementing rodent control measures around the exterior of the buildings. The Board noted that pest control within individual condominium units remains the responsibility of each homeowner.

Boat Slip Ports

The HOA has acquired the previous owner’s Sea-Doo ports.

These ports are now available for lease. The annual rental rate for open slips and ports will be $1,200 per year.

Dock #1 Water Access

Brad Parnell requested that the Board consider improving water access from Dock #1 by installing stairs.

The Board discussed the request but determined that installing a permanent staircase would create additional liability and elected not to pursue the project.

Litigation Update

Don reported that there have been no significant developments regarding the ongoing litigation with the neighboring property. The matter remains in a holding pattern while awaiting further legal action.

Reserve Study

The updated Reserve Study will be presented and discussed during the upcoming Annual HOA Meeting.

Adjournment

The meeting was adjourned at 6:00 P.M.

  • Motion: Don Monistere
  • Second: James Eidson
  • Result: Approved unanimously by the Board.