Observes meeting's minutes (5)
I believe the answer is:
notes
'observes' is the definition.
('note' can be a synonym of 'observe')
I cannot understand how the rest of the clue works.
Can you help me to learn more?
(Other definitions for notes that I've seen before include "fivers?" , "Written comments" , "registers?" , "Observes; short comments" , "Takes into account" .)