CALL TO ORDER:  The meeting was called to order by President, Toni McCollom at 5:32 p.m.  

VERIFY QUORUM:  President- Toni McCollom, Treasurer-Jill Vogel. Director Bob Moody attended via speaker phone.  Carol Kueppers was unable to attend.   

APPROVAL OF MINUTES:  
Jill Vogel made a motion to accept the minutes from the August 15, 2019 Board Meeting as presented.  Bob Moody 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 2020 Budget:
Toni stated that Florida Statute requires the Board to prepare a budget that includes 100% funding of reserves.  Jill Vogel motioned to approve the 2020 Proposed Budget with 100% reserve funding and a monthly assessment of $505.00 dollars per unit/per month. Toni McCollom seconded the motion and it passed by unanimous voice vote.  

Discussion and results of owner vote to waive full reserve funding in 2020: 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 $505.00 per month or a budget with less than 50% of reserve funding at no more than $410 per month. Toni stated that Management reported that a majority of 14 owners responded.

Eleven (11) owners, voted in favor of a 2020 budget with less than 50% of reserve funding and three (3) owners voted in favor of a budget with 100% funding of reserves.

Jill Vogel made a motion to accept the 2020 Proposed Budget presented by Dragon Property Management with a partial funded Reserve for an assessment per month of $410.  Bob Moody seconded the motion and it passed by unanimous voice vote.   

PROJECTS:  1)      Roofing:  Toni stated that we have filed a claim with the insurance company for the damage that was caused to the roofs by the hail storm on March 27, 2019. The roofs have been inspected by the Roof Inspector, The Insurance Adjuster and the Engineer for the insurance company. The engineer submitted his report on 10/16/19. We are still waiting for the results.

2)   Landscaping: The last day of service by Bartos Lawn Care Service will be Nov. 30, 2019. We are in the process of replacing their service.  

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

ADJOURNMENT:  With no further business to discuss, Jill Vogel made a motion to adjourn the meeting at 6:07 pm.  Toni McCollom seconded the motion and it passed by unanimous voice vote.  

Respectfully submitted,  

Toni McCollom for Carol Kueppers