A signed copy of these and all minutes going back to the 1980’s are available from the Management Office upon request.

Board Members Present

Vince DiFruscio, President; Herbert Hellauer, 1st Vice President; Bob Pierce, 2nd Vice President; Rosalie Sutcher, Treasurer; Ness Hanna, Secretary

Management Representatives

Mary McQuillan, Property Supervisor; Christina Epple, Property Manager; Mavis Mather, Assistant Manager

These are the minutes of the Board of Directors of the PARK TOWER CONDOMINIUM ASSOCIATION, an Illinois not-for-profit corporation.

Statement of Purpose

Vince DiFruscio explained that the purpose of the meeting was to establish a way to pay for the winter month’s natural gas usage.  Prior to the meeting there was time for Homeowner questions and comments regarding the gas situation at Park Tower.

Call to Order

Vince DiFruscio chaired and called this meeting to order at 8:01 pm.

Motion

Resolved to ratify the approval of amending the natural gas line in the current budget by the difference between what the price that was budgeted and a base price of $1.05 for the months of November 2005 to February 2006. Upon due motion by Rosalie Sutcher and seconded by Herbert Hellauer, the Board voted unanimously to ratify the approval of starting the process of amending the natural gas line in the current Budget.

Adjournment

Upon due motion by Nessim Hanna and seconded by Bob Pierce the meeting adjourned at 8:11 pm.

Vince DiFruscio, President

Nessim Hanna, Secretary