Regatta Estates Home Owners Association
General (Annual) Membership Meeting
October 29, 2014
Mukilteo City Hall
Meeting called to order at 7:21 pm
Quorum Established
Proof of Notification established by management company representative.
Approval of Minutes from September 29, 2014
Attendees were provided copies of the 2015 proposed budget. Representative of management company explained the budget line by line. Detailed explanations were given regarding insurance, Management, office expenses, required annual reserve study, state incorporation fee and filing requirements, website fees and use. Proposed budget ratified.
Nominations from the floor for new board positions. Attendee votes and proxy votes were tabulated. New board members were introduced to the association.
IRS Resolution was presented by management company representative. Motion from the floor was made to approve. Motion passed.
Meeting adjourned at 8:30 pm
Executive meeting of new board followed. Tentative date for next board meeting set for November 24th, at Mukilteo City Hall at 7:00 p.m