Meadow Hill
Budget Meeting
December 8, 2015
The Meadow Hill budget meeting was called to order at 7:04 PM in the Clubhouse, on Tuesday December 8th, 2015 by President Luther Weeks.
Board of Directors present (4 of 5): L. Weeks, D. Faxon, J. Goselin, R. Schneider
APM: Eric Schaefer
Roll call was taken at the sign in table. 31 owners were represented.
Proxies were collected.
Eric Schaefer read the proof of notice.
A motion was made by J. Goselin and seconded by R. Schneider, to waive reading of the previous, December, 2014 meeting. Passed unanimously.
- Faxon presented the 2016 budget, and answered questions from 2 owners.
The budget was adopted without a vote, due to there being fewer than 50% + 1 owners present. However, a non-binding sense of those present and their proxies was taken: In favor of the proposed budget, 29, opposed, 2 votes.
A motion was moved by J. Goselin, seconded by D. Faxon to allow the Board to approve the minutes rather than wait a year for the next budget meeting. Passed unanimously.
There was no new, nor any unfinished business.
A motion was made by D. Faxon and seconded by J. Goselin t adjourn, at 7:29 PM. Passed unanimously.
By Ronald Schneider, Secretary 12/13/2015