Minutes: Annual Budget Meeting December 16, 2010

Meadow   Hill Board of  Directors Annual Meeting December,  2010 The annual meeting of the Board of Directors of Meadow Hill was called to order at 7 p.m. in the Clubhouse on Thursday, December 16, 2010 […]

Meadow   Hill
Board of  Directors Annual Meeting
December,  2010

The annual meeting of the Board of Directors of Meadow Hill was called to order at 7 p.m. in the Clubhouse on Thursday, December 16, 2010 by the president, John Goselin.

Board of Directors: J. Goselin, R. Bouchard. L. Fillion, J.Trustey,
C. Hannah, APM

The roll call was taken at the sign in table.

C. Hannah read the proof of notice.

A motion was made and seconded to waive the reading of the minutes of the previous December annual meeting. The motion passed unanimously.

Reports

President, J. Goselin presented a financial update including;

Capital Expenses

The Reserve Study.

Long Term Capital Plan

The budget was reviewed.

There was no opposition to the proposed budget for 2011.

The budget was adopted.

President, J. Goselin presented the accomplishments of the past year;

Replacement of the pool heater.

Purchase of new benches and picnic tables.

Repair of two broken water lines.

Removal of trees deemed dangerous.

J. Trustey spoke on the need for unit owners to consider participating on the Board.

Upcoming projects;

Grass re-seeding.

Review of the Reserve Study and future needs to be evaluated.

A new survey (census) of unit owners will be planned for 2011..

FHA Certification will be investigated.

Proxies were collected.

The meeting was adjourned by unanimous consent at 8:23 pm.

Respectfully submitted,

L. Fillion, Sec.