Minutes of Meeting of the Board of Directors
January 11, 2012
CALL TO ORDER: The meeting was called to order by President Paul Finfer @ 7:00 PM.
ESTABLISHMENT OF A QUORUM: Present were Arkady Chase, Paul Finfer, Robert Leviyev, and Alla Sapozhnikov. Absent was Pablo Villagra, who was out of the country on business. The building manager Steven Francis was also present.
READING OF THE MINUTES OF THE PRIOR MEETING Mr. Chase moved to waive the minutes of the previous meeting. Mr. Leviyev seconded the motion and the Board passed the motion unanimously. Paul Finfer reiterated that the minutes of the Board Meeting would be made available at the office within the next 48 hours, and will be published on the Association’s website.
SUSPENSION OF VOTING RIGHTS OF ASSOCIATION MEMBERS MORE THAN 90 DAYS DELINQUENT ON THEIR FINANCIAL OBLIGATIONS TO THE ASSOCIATION: Mr. Chase moved that in accordance with the powers granted to an Association Board under Florida Statute 718.303 (5), that the board vote to suspend the voting rights of all members of the Association who are more than 90-days delinquent in any monetary obligation due or overdue to the Association. The suspension for any such Unit Owner ends upon full payment of all monetary obligations currently due or overdue the Association”. The Motion was seconded by Alla Sapozhnikov. Discussion on the motion was had by the Board; all in favor of the motion. After the Board discussion ended, the floor was opened up to questions and comments by those Association members present at the meeting. There was one question asked and answered. Upon conclusion of the Association Member’s question, and there being no further questions or comments from attending Association members, Mr Finfer called the question on the motion. There being no objection, the Board then voted on Mr. Chase’s motion. The motion passed by a unanimous vote of all Board Members present.
ADJOURNMENT: There being no further business, Mr. Chase moved to adjourn the meeting. The motion was seconded by Ms Sapozhnikov. The Meeting was adjourned @ 7:18 PM, by a unanimous vote of the four Board Members present.
Paul M. Finfer – President & Acting
Recording Secretary for the Meeting,
(in absence of Mr. Villagra’s)