April 17 1997--MINUTES

Present: Chair; Evelyn Rank, Terry Rogers, Theresa Loffredo, Russ Nading and Mark Odden.

Others present: Roger Halvorson, Administrator; Roger Hansen, Executive Secretary; Pam Griebel, Assistant Attorney General; Susan Griffel, Education Director; Michael Sharp, and Chris Wood, Secretary.

The meeting was called to order by Rank at 9:10 a.m.

Odden moved, seconded by Rogers that the Commission enter into closed session pursuant to Iowa Code section 21.5(1)(d)(f).

Roll call vote as follows: Rogers, aye; Nading, aye; Odden, aye; Loffredo, aye; and Rank, aye. Motion carried.

The closed session was tape recorded and minutes were recorded. The Commission entered into closed session at 9:10 a.m. and arose therefrom at 9:30 a.m.

Odden moved, seconded by Rogers to close the following complaint cases:

97-011 97-004 97-018 97-010 A96-184

97-001 97-002 97-009 97-017

To find probable cause on Case 96-093 and A96-175, and to schedule informal discussions on Cases 96-081, 96-107 and 97-008.

Roll call vote as follows: Rogers, aye; Nading, aye; Odden, aye; Loffredo, aye; and Rank, aye. Motion carried.

Odden moved, seconded by Loffredo to table the request for a salesperson license for Todd Whitters in order to receive additional information.

Roll call vote as follows: Rogers, aye; Nading, aye; Odden, aye; Loffredo, aye; and Rank, aye. Motion carried.

Nading moved, seconded by Odden to nominate Terry Rogers as Vice-Chair.

Roll call vote as follows: Rogers, aye; Nading, aye; Odden, aye; Loffredo, aye; and Rank, aye. Motion carried.

Rogers moved, seconded by Odden to nominate Russ Nading as Chair.

Roll call vote as follows: Rogers, aye; Nading, aye; Odden, aye; Loffredo, aye; and Rank, aye. Motion carried.

Loffredo moved, seconded by Rogers to approve the minutes of March 6, 1997, as submitted.

Motion carried unanimously.

Nading reported he would be absent from the June 5 meeting. The Investigation Committee for June will be Odden, Loffredo, and Rogers.

Loffredo moved, seconded by Nading to substitute the two years sales experience and allow Darlene M. Jeris to sit for the broker exam once a salesperson license is obtained, and 72 hours broker prelicense education completed.

Motion carried unanimously.

Nading moved, seconded by Loffredo to accept the following subdivided land filing and time- share filings:

Hot Springs Village Garland and Saline Counties, Arkansas
Developer: Cooper Communities

Royal Dunes Beach Villas at Port Royal Hilton Head Island, South Carolina
Developer: Port Royal Resort

Cypress Pointe Resort II, A Condominium Orlando, Florida
Developer: Signature Resorts, Inc.

Odden moved, seconded by Rogers to approve the name change for Bankers Multiple Line Insurance to Frontier Insurance Company. The Commission felt additional coverages should be voluntary.

Motion carried unanimously.

The Commission reviewed correspondence from William Neppl. It was felt not to be in violation but a letter of caution was recommended.

Loffredo reported on the UNI Advisory Council meeting. Odden will represent the Commission at future meetings.

Griffel reported the interest in CD Rom computer courses was increasing.

Sharp reported he has started the desk audit procedure.

Hansen gave an Internet update, and announced Rank and Nading had been reappointed.

Griebel reported the Henze case was being appealed to the Iowa Supreme Court. The Administrative Procedures Act did not pass this year.

Odden moved, seconded by Rogers to adjourn the meeting at ll:25 a.m. Motion carried unanimously.

Respectfully submitted

Roger L. Hansen
Executive Secretary

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