CALL TO ORDER:  The meeting was called to order by President, Toni McCollom at 5:34 p.m.  

VERIFY QUORUM: President- Toni McCollom,  Secretary-Carol Kueppers. Treasurer- Jill Vogel was not able to attend. Owners Nancy Orbell and Stacey Fisher also attended the meeting  

APPROVAL OF MINUTES:
Toni made a motion to accept the minutes from the January 24, 2022 Organizational Meeting as presented. Carol Kueppers seconded the motion and it passed by unanimous voice vote.

UNFINISHED BUSINESS: No unfinished business was mentioned at this time.  

NEW BUSINESS:
Board approval of 2023 Budget:
Toni stated that Florida Statute requires the Board to prepare a budget that includes 100% funding of reserves.  Toni motioned to approve the 2023 Proposed Budget with 100% reserve funding and a monthly assessment of $551.50 dollars per unit/per month. Carol seconded the motion and it passed by unanimous voice vote.  

Discussion and results of owner vote to waive full reserve funding in 2023:
Toni stated that Florida Statute also allows, if the Board chooses, to present a budget with less than 100% of reserve funding to the owners and to allow the owners to vote on their preference.  This year’s Board has presented to the owners a choice of either 100% reserve funding at $551.50 per month or a partially funded budget for reserve funding at no more than $466.00 per month. Toni stated that a majority of 14 owners responded.

13 owners voted for partially funding the 2023 budget @ $466.00 per month and 1 owner voted in favor of a budget with 100% funding of reserves of $551.50 per month.

Carol made a motion to accept the 2023 Proposed Budget presented by Dragon Property Management with a partially funded Reserve for an assessment per month of $466.00.  Toni seconded the motion and it passed by unanimous voice vote.   

PROJECTS: 
There was discussion of checking into the possibility of owners getting generators (not to be gasoline operated generators) This needs further research to find out if this is allowable. There are also a few porch lights that need replacing. There was some damage to a few soffits in various areas of all buildings. Mike Baldwin will be called to assess the damage.  

NEXT MEETING:  The next Board Meeting will be determined at a later date.   

ADJOURNMENT:  With no further business to discuss, Toni made a motion to adjourn the meeting at 5:46 pm. Carol seconded the motion.  

Respectfully submitted,