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Budget Ratification Meeting

February 25, 2024 at 5:00PM


 
 
Dear Association Members,

We kindly ask all members to allow at least 15 minutes prior to the start of the meeting for check-in and to process any proxies you may have. This will ensure that we can begin the meeting promptly and efficiently.


PROOF OF NOTICE

  • MAILED February 12, 2024 - AT LEAST 10 DAYS PRIOR TO THE MEETING

Agenda


Call to Order


Treasurer's Report | Todd Williams

  • Review the revised 2024 Budget proposal.

  • Q. & A. forum will be limited to the subject of the 2024 Budget only. Time limit 2-minutes per person, 10 minutes overall.


Note: Per Policy III - Conduct of Meeting, Section 6. Ssign-Up Sheets. A sign-up sheet will be made available to Members immediately prior to the meeting. Any Member wishing to comment at the ensuing meeting may add his/her name to the sign-up sheet. Subject to the remaining provisions of this policy, Members will be recognized for comment at the meeting in the same order as their names appear on the sign-up sheet. All Members wishing to comment who have not placed their names on the sign-up sheet will nonetheless be permitted to speak, time permitting.


Ratification of Budget

  • Unless at least a majority (22) of all owners vote to reject the budget, based on one vote per Lot, the proposed 2024 budget will be approved.



Discussion and vote on reserve fund investment and authorize transfer of fund amount

  • Review and discuss the proposed investment into "Business Time Deposit" account.

  • Q & A forum with Association Members

  • Accept a motion to adopt the investment type, and amount of funds allocated for transfer.

  • Vote by the Board of Directors



Adjournment










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