Board of Directors Meeting Minutes – Tuesday July 1, 2014
July 1, 2014
George Pauley, President; Michael Parrie, 1st Vice President; Tom Wartowski, 2nd Vice President, Betty Terry-Lundy, Secretary; David Nicosia, Treasurer; Tim Patricio, Property Manager; Mavis Mather, Assistant Manager Business Operations
Call to Order at 6:32 pm
Five Board Members were present constituting a Quorum as defined by the Association’s Declarations and the Illinois Condominium Property Act.
At 6:36PM, the Board Meeting was turned over to the Budget and Finance Committee Chairman to conduct the review of the draft audit of the 2013/2014 financial statements.
At 7:55PM, Paul Groeninger, the Budget and Finance Committee Chairman, turned the meeting over to the Board President.
Approval of 2013/2014 Audit
Upon motion by David Nicosia and seconded by Tom Wartowski, the Board voted unanimously to approve the distribution of the 2013/14 audit with the changes identified in discussion with the Auditor.
Upon motion by David Nicosia and seconded by George Pauley, the meeting adjourned at 8:00PM.
Signed (as seen on pdf, clickable at upper right corner of these minutes)
George Pauley, President (7/14/14)
Betty Terry-Lundy, Secretary (7/14/14)