CALL TO ORDER
The meeting was called to order by Katie O'Neill, President at 6:34pm. Five (5) owners were in attendance.
ESTABLISHMENT OF A QUORUM
There is a quorum of four (4) Board members present.
ACTION ITEM #1: APPROVE MINUTES
Katie O'Neill made a motion to approve the minutes from the December 6th, 2017 Board of Directors
meeting as presented. This was seconded by Jerry Massa. The motion passed unanimously.
TREASURER'S REPORT
Lance Parker, Board Treasurer gave the Treasurer's Report. As of January 31, 2018 the Association has $282,507.89 in our operating accounts, Operating cash $132,465.12, and Operating Money Market $118,070.40. Our reserve account has $192,095.02. Total assets $474,602.91.
ACTION ITEM #2: APPROVE INSURANCE PROPOSAL
Lance Parker made a motion to accept the insurance proposal From Mesirow Insurance for our 2018 insurance from Admiral. This was seconded by Katie O'Neill. The motion was passed.
ACTION ITEM #3: APPROVE WARD DOOR PROPOSAL
Jerry Massa made a motion to accept the proposal from Ward Door to replace our package room door. This was seconded by Daina Gjemre. The motion passed unanimously.
MEETING ADJOURNMENT
Katie O'Neill made a motion that the meeting be adjourned at 6:39pm. This was seconded by Jerry Massa. The motion was passed unanimously. .
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