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News Article

12/2/2015 - Annual Meeting & Budget Meeting Results

The meetings were held as scheduled on December 1 and here are the results.

Master Association - Budget meeting only. The 2016 budget was approved by the board, as presented, with no increase over 2015 levels.

Townhome Association - The 2016 budget was approved by the board, as presented, with no increase over 2015 levels.

As for the scheduled election of directors, there was no election because a quorum of members was not in attendance at the meeting. And thus the existing townhome directors and the townhome voting representative to the master association will continue in their current positions in 2016.

Condo Association - The 2016 budget was approved by the board, as presented, with a 2.7%  increase over 2015 levels with no reserves funded.

As for the scheduled election of directors, there was no election because the number of candidates equaled the number of open positions. And thus the existing condo directors and the condo voting representative to the master association will continue in their current positions in 2016.


Peter Schulz - Editor - Email TCM

 
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