GASPARILLA CONDOMINIUM ASSOCIATION, INC.
Minutes to be approved at January Board of Directors meeting
CALL TO ORDER: Vice President, Tom Voss, called the meeting to order at 10:00 a.m., at the Gasparilla Cabana, 160 Jose Gaspar Drive, Englewood, Florida, the location specified in the meeting notice.
DETERMINATION OF A QUORUM: A quorum of the Board was established with four (4) directors in attendance: Tom Voss, Vice President; Dave Hubbard, Treasurer; Joyce Kendall, Secretary and Bud Stewart, Director at Large. Corrine C. Malopolski of Antares Group, Inc. was also present.
CONFIRMATION THAT THE ASSOCIATION FULLY COMPLIED WITH THE REQUIREMENTS FOR NOTICE OF THIS MEETING: Corrine C. Malopolski, Association Manager, presented a notarized affidavit that the meeting notice had been mailed to all owners, and that the notice had been posted on the condominium property in compliance with Florida Statute and Association By-Laws.
DISCUSS/APPROVE THE PROPOSED 2008 BUDGET: Dave Hubbard presented the proposed 2008 budget to the Board stating that major increases were due to the termite contract and additional hours for maintenance personnel. In referring to his memo dated November 19, 2007, which accompanied the proposed budget in the mailing, he mentioned that since there is a 15% cap on the assessment increase he is proposing two special assessments this year: $1,080/unit to fund reserves for 2008 and approximately $700/unit to pay for the Association’s insurance package policy. The exact amount will not be known until the policy renews in February 2008.
The floor was opened for member questions:
1) The water bill did not increase significantly when the pool was filled.
2) Ken, the maintenance person, is paid by the hour. He spent the majority of his summer hours working on keeping the irrigation working during the severe drought and repairing member’s sheds which the members paid for.
There being no further discussion, motion by Dave Hubbard to approve the 2008 proposed operating budget as presented. Seconded by Bud Steward. All yes by voice vote. Motion passed. Coupon books will be forthcoming from the bank
ADJOURNMENT: There being no further business to properly come before the Board at this meeting, motion by Joyce Kendall to adjourn at 10:09 a.m. Seconded by Bud Stewart. All yes by voice vote. Motion passed.
Respectfully submitted,
Joyce Kendall, Secretary
JK/ccm