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MAGNOLIA SQUARE

CONDOMINIUM ASSOCIATION, INC.

 

MINUTES OF MEETING OF THE BOARD OF DIRECTORS  

REGARDING 2011 PROPOSED OPERATING BUDGET

 

The meeting of the Board of Directors was held on Tuesday November 9, 2010 at the Association Clubhouse.  Notice of the meeting was posted in various locations within the common property.  A copy is attached.

 

The meeting was called to order by President Ray Biggart, at 6:30 p.m.

 

Present:  Ray Biggart, Frank Corbeil, Sarah Hengstebeck, Wayne Jordan, Barb Peacock, Managers Joyce Adams & Scott Dvorak

Unit Owners present:  Sign-in sheet attached

 

1.   Consideration & Approval of 2011 Operating Budget:

Motion made by Frank Corbeil and seconded by Sarah Hengstebeck to approve the 2011 operating budget.  Carried unanimously.

 

2.   Adjournment:

There being no further business, Frank Corbeil moved to adjourn the meeting.  Seconded by Wayne Jordan.  Carried unanimously at 6:41 p.m.

 

 

Respectfully Submitted,

 

 

Barb Peacock

Secretary

 

Minutes not Approved