PRELIMINARY DRAFT

This “Preliminary Draft” may differ in some particulars from the official minutes (PDF icon at upper right-hand corner of this page).

Board Members Present

George Pauley, President; Laura Cossa. 1st Vice President; Betty Terry-Lundy, Secretary; David Nicosia, Treasurer

Board Members Absent

Carlos Vargas, 2nd Vice President

Management Representatives

Steve Hanna, Property Supervisor; Tim Patricio, Property Manager; Mavis Mather, Assistant Manager

Call to Order at 735 pm

Minutes June 14, 2010

Upon due motion made by Betty Terry-Lundy and seconded by David Nicosia, the Board unanimously approved the following resolution:

RESOLVED, that the Board of Directors of the Park Tower Condominium Association hereby approves and accepts the Minutes of the Thirty-Second Annual Meeting that was held on June 14, 2010.

Introduction of Board Members

George Pauley, President, introduced the current Board members: Laura Cossa, I st Vice President; Betty Terry-Lundy, Secretary; and David Nicosia, Treasurer.

Introduction of Election Committee and Election Tabulators

George Pauley thanked the Election Committee for serving this year. They were: Paul Groeninger, Nancy Smith Ledvina, Homer Longoria, George Nowak, and William Kay. The election committee’s responsibility is to oversee the election results. The ballot box and tabulation of the votes was handled by Property Systems, Inc, represented by Ellen Karp and Vicki Elder.

Statement of quorum

George Pauley stated that Property Systems, Inc. had advised that the Association had met the quorum requirement of 20% necessary to hold the annual meeting.

Statement of purpose of Meeting

George Pauley explained that the purpose of the Thirty-Third Annual Meeting is to elect three to the Board of Directors. The three candidates receiving the highest votes will each serve two-year terms. Each unit has three votes, which may be split in any way except for fractional votes.

Introduction of Candidates and Nominations From the Floor

George Pauley introduce the four candidates running for office. They were: Laura Cossa, Christopher Parker, George Pauley, and Carlos Vargas. He thal asked for nominations from the floor. None were offered.

George Pauley then issued the final call for ballots, with the final time for submission beomg 7:37 pm.

Motion to Suspend

Upon due motion by David Nicosia and seconded by Laura Cossa, the Board unanimously voted to suspend the annual meeting to allow the votes to be tallied The time was 7:38 pm.

Reconvening of Meeting

Upon due motion by Pauley and by Betty Tary-Lundy, the was  at 8:28PM. Paul Groeninger, Chairman of the Election Committœ, announced that the quorum was 35.014. The results were as follows:

Laura Cossa                 26.886 %

Christopher Parker     16.661 %

George Pauley             32.320 %

Carlos Vargas                25.144%

George Pauley thanked the candidates for their willingness to serve the Association, the Election Committee for their help, and Property Systems, Inc for their efficient handling of the votes.

Adjournment

Upon due motion made by Laura Cossa and seconded by David Nicosia, the meeting was adjourned at 8:32 pm.

Signed (as seen on pdf, clickable at upper right corner of these minutes)

George Pauley, President

Betty Terry-Lundy, Secretary