Lovell and Morgan Properties, LLC

• Attend all Board of Directors, Annual and Special called meetings
• Preparation of agenda for each meeting and the taking, preparation and maintenance of minutes for each meeting
• Prepare notices of annual meetings and Board of Directors meetings - also prepare agenda,  ballots,  proxies, minutes, and reports, etc.
• Prepare and present all financial, contractual and operational reports on a monthly basis
• Assist in arranging for and scheduling location, dates and times for conducting association meetings called by the Board of Directors
•  Maintain a current copy of all By-laws and Amendments of the Association
• Maintain a current list of all rules and regulations the Association has adopted
• Recommend insurance coverage required to protect the property and liability of the Association with all decisions finalized by the Board
• Prepare specifications for bid proposals and secure bids under the direction of the Board
•  Assist the Board in the preparation of all insurance claims against the association
• Maintain all records and files for the Association
• Research and maintain all data for transfers of ownership and voting rights
• Negotiate and retain contracts and services as approved by the Board

Financial Services:

• Assist with the preparation of an Annual budget
• Prepare and mail all assessment notices and correspondence for collection of assessments
• Prepare and mail all delinquent notices and any further action required to collect delinquent assessments
• Filing of all liens, by an outside attorney on all delinquent assessments as specified in the Associations Governing Documents 
• Coordinate and liaison with all outside attorney's  and foreclosure proceedings authorized by the Board for collection on any accounts
• Maintain a register of all contracts as well as expenditures of all monies 
• Timely payment of all bills incurred by the Association
• Monthly preparation of financial report for the Boards approval
• Maintain an FDIC insured bank account to indicate the custodial nature, thereof, of all deposition of monies of the Association
• Timely preparation and submission of reports and forms to all governmental agencies, including income tax returns
• Maintain all financial records of the Association and its members