-- ByLaws: The Committee (Andy McKirdy and Anita Schepker) reviewed the ByLaws in detail and provided a proposal noting the suggested revisions. It was agreed the document should be reviewed by all, and comments sent to Mr. McKirdy or Ms. Schepker . Feedback will be discussed at the next meeting.

-- Personnel Evaluation: Review Guidelines for Principal Association Personnel were presented. It was agreed they would be reviewed for discussion at a subsequent meeting. Contractors to be included also.

-- South Trail and ìStubî rights-of-way: The owners of property abutting South Trail are interested in purchasing the right-of-way depending on the cost. Mr. Fitzgerald advised he would talk to some real estate attorneys to determine the next course of action. Not all property owners abutting the ìstubî are interested in purchasing the property so it is a dead issue as all must agree. Letters acknowledging so will be sent.

2. Capital Improvements

-- The Charter: In researching several funding options for the Pier Improvements the following was noted:

Assessment: Must be to property itself (i.e., sidewalks, sewers, etc.).

Borrowing: Charter provides for the option with membership approval, however, the amount to be borrowed is not to exceed $50k .

The Charter is based on Special Act No. 462 of the 1931 Session of General Assembly, Amended in 1963. Further research determined that the General Assembly no longer amends Charters. It is something we must do ourselves based on state statutes. It was agreed that Chairman McKirdy and Anita Schepker would put together a proposal based on the state requirements for discussion at the next meeting. The goal is to have a revised Charter ready for approval by the members in the spring of 2006 with communication before hand.

-- The Piers: Mr. Campion advised that George Torello has been making great strides at honing the budget. The largest effort and longest delays is in the DEP permitting process. Mary Cahill has been able to secure needed stone for the Rip Rap from the Town of East Lyme (the Stone Way construction). The only cost to the association is the transport cost. The cost for the Rip Rap is currently in the proposal, however, securing it provides a $75k-$100k reduction in the estimate (or a contingency). It was discussed the best way to approach the effort is to proceed start to finish. Don't demobilize once commit it will drive cost up. Current proposal is $680k (including Rip Rap). All agreed safety is an issue. Deterioration will accelerate if we do nothing. George Torello will provide a presentation to the members at the Annual Information Meeting on 9/3/05.

3. Communications -- No Report

4. Financial Over-site Committee -- No Report

5. Social Committee -- Mr. Comer and Mr. Weiss reported a Bon Fire was scheduled for Saturday, 9/3 from 7:30pm to 10:30pm. at South Beach.

9. Old Business

Process for Filing Zoning Vacancies -- It was proposed that a committee consisting of David Weiss, Matt Borrelli, Ray Fitzgerald and Sue Daly identify, review and make recommendations regarding applicable candidates. Mr. Campion moved and Ms. Schepker seconded the motion, and it was unanimously approved.

Extension of Conultant Contract - On motion of Mr. Campion, seconded by Ms. Schepker it was unanimously voted to approve the extension of Mary Cahill's term as Consultant until 9/30/05.

10. New Business

Plans for Annual Informational Meeting

-- It was agreed the Chariman would conduct a welcome/introduction, Matt Borrelli would recap the survey results, Brian Comer would provide an update on the Cahill Scholarship Fund (announcing winners) and George Torello Engineering would present their Pier findings to the community.

Request for Approval of a Lot Division

-- The following motion was presented: That the Board ofGovernors approve the division of BPBC Lot 568 on Sea View Avenue, each resulting parcel to be joined with adjoining lots 567 and 569, respectively, in accordance with the Conveyance Plan dated August 9, 2005 prepared by Francis E. Hamm, Licensed Land Surveyor. After a review of the document, on motion of Mr.Fitzgerald seconded by Mr.Campion the motion was unanimously passed.

11. Future Agenda Items

The following topics were deferred for future discussion: Attendance Policy for BOG Members, Communications amoung ZB, ZBA, BOG, ant the Reaction to the Survey.

12. Members Comments

Ray Candlish thanked the board for the communications regarding the license requirement for Scooters. There were very few this year on her street.

Veronica Casey inquired as to the tax liability on the right-of-ways.

13. Executive Session

At 9:30PM, on motion of Mr. Campion, seconded by Mrs. Schepker, the regular meeting ended and the BOG's went into Executive Session to discuss Pending Litigation.

14. Adjournment

On motion of Mr. Campion, seconded by Mrs. Schepker, the meeting was adjourned at 10:10 PM. The next regular meeting is Thursday, September 29, 2005 at 7:00PM.

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Secretary, Roberta C. Jordan