Minutes for
Regular Meeting of the Board of Directors
of the
Association of Unit Owners of Lloyd Park Condominium
December 2nd, 2012
Call to order
A regular meeting for the Board of Directors of the Association of Unit Owners of Lloyd Park Condominium, was held at the 3rd floor lobby of 1509 NE 10th Ave, Portland, OR, 97232 on December 2nd, 2012. The meeting convened at 6:30pm.
Members in attendance
President Terry Spencer, presiding
Ashley Rogers, treasurer
Approval of minutes
None. Secretary was not in attendance.
Officers’ reports
None
Board and committee reports
None.
Owners Forum
None
Unfinished business
None
New business
2013 Budget
Moved by Terry Spencer that…
The board approve the 2013 budget as proposed. 2013 dues remain the same.
By general consent, motion carried.
Reserve Study
Moved by Terry Spencer that…
The board approve the 2013 reserve study as proposed. No updates are necessary from 2012 reserve plans.
By general consent, motion carried.
2013 Budget
Moved by Terry Spencer that…
The board approve the two proposed amendments to the HOA governing documents be mailed to homeowners for a vote. Mailing is planned for January of 2013, and voting to be completed by February 2013.
By general consent, motion carried.
Personal Use of Common Area Storage
Moved by Terry Spencer that…
Whereas not all owners would have the same opportunity to utilize limited common area storage closets, and…
Whereas the board is considering other uses for those spaces…
The board rejects the request from a unit owner to utilize some of the space in one of the common hallway closets for personal storage.
By general consent, motion carried.
Adjournment
Terry Spencer moved that the meeting adjourn at 7:20pm. By general consent, the motion carried. The next board meeting is scheduled for January 6th, 2012 at 6:30pm.
