Quail Valley Lot Owners Association, Inc. Annual Membership and Board Meetings Thursday, November 17, 2016 Held at Minneola City Hall, Florida Minutes Note: Address any questions about Minutes to QVLOA Board of Directors or Lisa Donohue at EPM Services
The meeting was called to order, at time 7:15 p.m. A quorum of the membership was not met with 17 proxies and 23 owners present totaling 40 homes represented. There is a 52 homes representation requirement to meet quorum. Board members in attendance were as follows: Mike Ellis, Mel Ash and Ray Nivarel. Dave Yeager and Alfred Gonzalez were absent. The management company was represented by Lisa Donohue of EPM Services. The October 2016 minutes were approved with a motion from Mike and seconded by Ray. All agreed. Motion passed. Treasurers Report by Lisa Donohue October Financials were not available as the meeting was held before the 20th of the month. As of September 30, 2016 CNL Operating Account: $98,780.72 Centerstate Bank Money Market: $31,524.49 CNL Reserve Account: $169,020.52 Iberia Bank Reserves: $100,429.04 Accounts Receivable: $27,245.56 Landscaping/Maintenance: The palms in the park need to be trimmed. Management will ask PLM for a date of completion. Management will also remind PLM to pick up garbage in the park regularly. New Business: Board members will meet with installer to agree on the exact location for sign placement. It will be on the park side of Gentle Breeze facing traffic as they are going west as if to go out of the community. A motion was made by Mel and seconded by Ray to approve the 2017 proposed budget. The assessments will remain at $288 annually. All agreed and the motion passed. Officers of the Board will be elected at January's meeting. A motion was made by Mel and seconded by Mike not to change the signage in the community except for the retention pond signs. All other signs will remain the same. All agreed and the motion carried. This motion was made after a raise of hands of the membership indicating there is little to no interest in changing the signs in the community. A motion was made by Mike and seconded by Ray to upgrade the retention pond signs throughout the community in the new year. All agreed and the motion carried. Mike volunteered to get an exact number of signs necessary for management to order.
Motion to adjourn at 8:30 p.m. The next meeting date will be held on Thursday, January 26 at 7:15 p.m. The minutes were submitted by Lisa Donohue for the Secretary.