VILLAS AT HARBOUR VILLAGE PROPERTY OWNER’S ASSOCIATION, Inc.
MINUTES OF 2015 ANNUAL GENERAL MEETING.
APRIL 7th 2015

The Meeting was called to order at 9:00AM.

Six (6) Owners, either in person or by proxy were represented thus establishing a Quorum. Joe Geiselmann made a motion that Peter Grant chair the meeting. Second by Stuart Gordon. The motion passed unanimously.

All notices for the Meeting required by Florida Statute and the Association’s Bylaws have been met.

Joe Geiselmann made a motion to approve the minutes of the previous AGM as read. Second by Dave Honold. All in favor. The motion passed.

Report of Officers: Brief reports by the Board of Directors detailing the events of the last year.

Old Business: There was no old business carried over from prior Member’s Meetings.

Management gave an overview of the Association’s finances for the fiscal year to date showing that the Association remains in a solid financial condition and proceeded to answer numerous questions from the Members.

New Business:

• Joe Geiselmann made a motion to rollover surplus funds, if any, from the 2014/15 budget to the 2015/16 budget. Second by Stuart Gordon. Approved unanimously.
• By Statute there was no requirement for an election of directors this year as there were only as many nominees as there were vacancies.
• The Board Members for 2015/16 therefore shall be: Ken Page, Joe Geiselmann and Stuart Gordon, each and all qualified to serve as a Director according to Florida Statute and Association Documents. An organizational meeting to select officers will be held following this meeting.
• Management presented a draft budget for the 2015/16 fiscal year. After discussion, additions and slight changes Joe Geiselmann made a motion to approve a budget that keeps monthly dues at $500.00. Second by Dave Honold. After further discussion and questions all were in favor. The budget was approved.
• Other topics discussed – trimming mangroves – pepper trees – lights – sprinklers.

Jim Boaz made a motion to adjourn. Second by Joe Geiselmann. There being no further business before the Members, the meeting was adjourned.