ISLAND DUNES OCEANSIDE I CONDOMINIUM ASSOCIATION, INC.
8880 SOUTH OCEAN DRIVE
JENSEN BEACH, FL 34957
Minutes of the Organizational Meeting
Held January 20, 2010
In the Social Room
The Organizational Meeting was called to order at 8:44 PM. Bob Hammond was appointed the recording secretary.
Proper notice had been sent out according to the law and was also posted in the mailroom and the elevators 72 hours prior to the meeting.
There was a quorum as; Mike Monin, Bob Hammond; Paul Barton and; Doug Smith were present.
Ted verified that 92 proxies or members were present for the meeting.
Bob Hammond motioned to waive the reading of the January 30, 2009 Organizational Meeting minutes. The motion was seconded by Mike Monin and all were in favor.
Mike Monin motioned to appoint Marilyn Walters for the two year vacant term. Paul Barton second and all were in favor.
Paul Barton motioned to appoint Mike Monin as President. Marilyn Walters second and all were in favor.
Mike Monin made a motion for Bob Hammond to be Treasurer, Paul Barton second and all were in favor.
Mike Monin motioned to appoint Marilyn Walters as Secretary; Bob Hammond second and all were in favor.
Mike Monin motioned to have Paul Barton as Vice President, Bob Hammond second and all were in favor.
Mike Monin motioned to have Joanne Gillease as the Director for the Board of Directors, Paul Barton seconded, all in favor.
Motion by Mike Monin and seconded by Paul Barton to take the budget surplus for the year 2009 and put $15,000 into Paint Reserve, $6,000 into Elevator Reserve, $10,000 into Retained Earnings and any extra go into General Deferred Maintenance, all in favor.
Next ID Board meeting is scheduled for 2/8 at 2pm.
Meeting adjourned at 8:56 PM.