2010 Annual Membership Meeting Budget Voting Results
The following items needed a simple majority vote for approval:
2010 Operations and Maintenance Budget
The Operations and Maintenance Budget is the portion of our dues that maintains our assets, common areas, as well as the operating costs, such as employee wages, insurance, governmental fees and taxes.
Approved by a vote of 144.5 Yes – 4 No – 1 abstained
Water System Emergency Reserve Fund
Establish a Water System Emergency Reserve Fund to be a category in the annual Operations & Maintenance Budget with funding to come from the Operations and Maintenance Dues each year. The reserve to be carried from year to year to be used only for emergencies and other unplanned expenses that may arise for the water system.
Approved by a vote of 104 Yes – 45.5 No
The following items needed a 2/3’s majority vote for approval. With a total of 149.5 lots represented at the meeting, approval required 100 yes votes:
Special Assessment
Special Assessment of $822.00 per lot for Phase II Engineering for Bridge Replacement Project, payable in two installments; $411.00 per lot due October 1, 2010 and $411.00 per lot due February 1, 2011.
Approved by a vote of 126.5 Yes – 20 No – 3 abstained
Amend Bylaws, Article 3, Member Meetings, F. Agenda
Bylaw Amendment to Article 3. Member Meetings, F. Agenda, to strike the following sentence:
“As a requirement of notice and to be fair to members unable to attend a member meeting, neither the agenda nor any items on it may be amended during the course of the meeting.”
Failed by a vote of 74 Yes – 73.5 No – 2 abstained
*149.5 lots were represented at the meeting. 118 lots in person and 31.5 lots by proxy.