Minutes: January 16, 2007

Foster's Pond Corporation
January 16, 2007
Memorial Hall Library
7:15 p.m. to 9:00 p.m.

About 35 people attended the 2007 Annual Meeting at the Memorial Hall Library.

Minutes. Secretary Janet Kenney read the minutes of the meetings of January 17, 2006, and August 5, 2006. The minutes were approved.

President's Report. President Steve Cotton presented a slide show on the "state of the Pond" and the accomplishments of the Corporation over the last two years. He summarized the FPC's Integrated Lake Management Program. He described the work to repair and restore the dam and to turn the site of the dam into a more attractive neighborhood asset. And he explained the FPC's efforts to bring the community together.

Election of Officers and Directors. On motion by Sandy Minkkinen, on behalf of the Nominating Committee, the members unanimously re-elected Steve Cotton, president; Lynne Whitefield, vice-president, Dave Brown, treasurer; and Janet Kenney, secretary.  The members also re-elected Steve Ellis, Mark Florio and Kemper Mazzarelli as directors, with terms expiring December 31, 2008. The members elected Amy Janovsky as director to fill the remainder of the term ending December 31, 2007, replacing Paul Guerard, who resigned because he is moving.

Dam Committee chairman Paul Ross reported on the completion of the State-mandated inspection of the dam. He described the work that has been done to correct the problems, and outlined plans for 2007. He showed the site plan, and estimated that we could complete the work for $5,000 or less.

Weed Committee Chairman Dave Adilman reported on the regrowth of fanwort in parts of the Pond. He said that the Committee had agreed with the recommendations of the Corporation's lake management consultant, Aquatic Control Technology, for a partial-lake treatment in 2007. He said this would involve using Sonar pellets, in the "northern half" of the Pond, at a cost of $16,500.

Treasurer's Report. Treasurer Dave Brown reported total income, for 2006, of $18,913.70, including $8,203.70 in contributions, $3210 in dues, and a $7,500 grant from the Boston Foundation.   He reported total expenses of $11,833.58, of which $5,750 went for weed control and $4,400 went for the inspection of the dam.  He reported that, not counting 2007 dues collected at the meeting, there was $8,351.55 in the treasury.  The Treasurer's Report was accepted.

Fundraising Committee Chairman Marty Rabinowitz reported that the Committee had decided to shift from the approach of "crisis" fundraising and would instead establish an annual campaign to support the FPC's ongoing lake management activities. He said that, based on the response rates of our last fundraising campaigns, and estimated average annual expenses of $25,000 to $30,000, the Committee would be asking for annual contributions of $250 per household.

There was discussion about beaver activity on the Pond.

The meeting was adjourned at 9:00 p.m.