QUAIL HOLLOW EAST HOMEOWNERS ASSOCIATION
MINUTES OF THE TURNOVER MEETING OF THE QUAIL HOLLOW EAST
HOMEOWNERS ASSOCIATION HELD ON
PRESENT: Kelly Ritz, President
Edie Lander, Counsel for Venture Properties
ABSENT: Don Morrisette, Director
BY INVITATION: Cheryl Brendle, Senior Vice President
COMMUNITY MANAGEMENT, INC.
OWNERS PRESENT: AS INDICATED ON THE SIGN-IN SHEET ATTACHED TO THE ORIGINAL MINUTES
Cheryl Brendle called the meeting to order at
Brendle certified that a notice for the meeting had been sent to all owners of
TREASURER’S REPORT – Kelly Ritz distributed a financial report prepared by Venture Properties. Discussion of this report is tabled.
Cheryl Brendle leads a discussion about the election of directors. The Association has the option to elect three or more directors. Upon consensus of those owners that were present, it was determined that the initial Board will contain five members.
The terms of Directors are also to be established by the Board. It was agreed that terms of office for the initial Board of Directors would be one year. Staggering terms of directors is suggested. It is agreed that the Board of Directors will consider staggering the terms of office prior to the next annual election.
The following owners were nominated to serve on the initial Board of Directors:
Steve Bintliff Jess Kriegel
Gerry Pitts Nadia Summers
The following owners were elected to serve as the initial directors until the next annual meeting:
Tracy Miller 21 votes
Nadia Summers 18 votes
Dick Pacholl 20 votes
Jess Kriegel 20 votes
Steve Bintliff 20 votes
A question/answer session ensues during which the following items are discussed:
There being no further items for discussion, the meeting was adjourned at
SUBMITTED BY: Cheryl Brendle