BUENA VISTA CONDOMINIUM ASSOCIATION, INC.

MINUTES OF THE ANNUAL MEETING

held JANUARY 13, 2011

at the Management Office located at

109 Long Point Road, Cape Canaveral, FL 32920

1. Call to Order :

Meeting was called to order by Art Berger at 6:45 in the management office.  Art Berger explained that we did not have enough proxies and members present to hold the Annual Meeting; however, Florida Statute does allow us to hold an election.

The state Legislature changed the statute because so many condominiums for a long time could not hold an Annual Meeting; and, therefore, could not elect Directors.  So the same Directors perpetuated from year to year, up to ten/twenty years.  The Legislature wanted to make sure that the owners had the ability to elect their own Directors even at a reduced number of people casting votes.  So the Legislature just picked an artificial number. If you don't have a quorum, the one item of business that you can conduct at a meeting provided 20% of the owners cast a ballot, is the election of Directors.  So that is the only thing that can be done "officially" tonight.

2. Appointment of Impartial Committee to Count Ballots:

After confirming that everyone had turned in their ballots, which they had, Cindy Peterson motioned to close the balloting.  Art Berger seconded the motion and it passed by unanimous voice vote.

Since there were no residents present that were eligible to serve as ballot counters, Michelle Dugan, Owner of RDI, filled the role.

3. Counting of Ballots Begins:

Michelle was separated from the rest of the members present but within sight and proceeded with opening the outer and then later, the inner envelopes separately, to ensure a secret election.

4. Certification of Proxies & Establishment of a Quorum of Members for Annual Meeting:

A quorum was not established; however Art Berger-Vice President, Cindy Peterson-Sec/Treas, Valeria Pejic-Director and Rita Stevens-Director were in attendance.  Viktor Pejic-President was unable to attend.  Kathy Watts and Michelle Dugan represented Reconcilable Differences.

Management reported having a total of twelve (12) units represented by proxy and in person.  Five (5) units were present in person and seven (7) were present by proxy, for a total of twelve (12) units.  Since a minimum total of 13 owners were needed, a quorum was not established.

The official election was held since fifteen (15) ballots were received and a minimum of five (5) ballots were needed to hold an election.

5. Presentation of 2011 Board Members:

Kathy Watts announced the results of the ballot counting. The 2011 Board of Directors are (in alphabetical order):  Art Berger, Richard Blyth, Valeria Pejic, Cindy Peterson and Rita Stevens.

Respectfully Submitted,

Kathy Watts, CMCA, LCAM #27668

Reconcilable Differences, Inc.

BUENA VISTA CONDOMINIUM ASSOCIATION, INC.

MINUTES OF THE ORGANIZATIONAL MEETING

HELD IMMEDIATELY FOLLOWING THE ANNUAL MEETING

ON January 13, 2011

 at the Management Office,

located at 109 Long Point Rd., Cape Canaveral, Florida 32920

MEETING CALLED TO ORDER:

The meeting was called to order at 7:10 pm.  The President elected will have the responsibility for the day to day operations of the Association along with Management.  Both will work within the existing budget in the handling of issues requiring attention.  

ELECTION OF OFFICERS:

Cindy Peterson made a motion for Art Berger to serve as President.  Richard Blyth seconded the motion and all were in favor.

Art Berger made a motion for Cindy Peterson serve as Vice-President.  Richard Blyth seconded the motion and all were in favor.

Valeria Pejic made a motion for Richard Blyth to serve as Secretary/Treasurer. Art Berger seconded the motion and all were in favor.

Valeria Pejic and Rita Stevens will serve as Directors.

The positions are as follows:

Art Berger – President

Cindy Peterson - Vice President

Richard Blyth – Secretary/Treasurer

Valeria Pejic and Rita Stevens will serve as Directors.

SCHEDULE NEXT MEETING:

The next meeting of the board is scheduled to be held on April 7, 2011 at 6:30 p.m. at the office of Reconcilable Differences, Inc. 

ADJOURNMENT:

With no further business to discuss, the meeting was adjourned at 7:15 pm.

Respectfully Submitted,

Kathy Watts, CMCA, LCAM #27668
Reconcilable Differences, Inc.
Cindy Peterson, Secretary