Fairlington Arbor AGENDA
MINUTES Board Members Present: Jincy Boerner, Judith Greig, Tom McQuillan, Gus Wescott Board Member Absent: Desiree DiMauro Judith Greig, president, called this special meeting of the Board in accordance with Article IV, Section 9 of the Bylaws. The meeting came to order at 11:15 AM. Tom McQuillan moved to authorize Judith to sign the Management Agreement Addendum with CFM: (1) striking FY2000 annual rate of $39,450,000 and the monthly payments of $3,287.50; (2) writing in a FY2000 annual rate of $38,690 and monthly payments of 3224.17; and (3) attaching a supporting letter based on the Finance Committee's calculations to explain the changes. Jincy Boerner seconded the motion. The motion carried: 4-0-0. The four attending Board members signed the Resolution Ratifying And Confirming Board Decision To Purchase Condominium Unit For Use As A Management Office as prepared by the Association's counsel, Peter Philbin, Esq. It was agreed that Judith should hand carry the document to Desiree DiMauro for her signature. The Board reviewed Desiree's letter of resignation. Desiree's resignation is effective from the point at which the Board appoints a successor, as required under Article IV, Section 5 of the Bylaws. Pat Schoen has made it known to the Board that she intends to run in the April 2000 election. The Board agreed that Pat Schoen will be invited to step into the position vacated by Desiree effective November 23, 1999: 4-0-0. The Board will ratify the appointment in a vote in open session at the beginning of the November Board meeting and will invite Pat to join the Board immediately. |