A Special Meeting of the Unit Owners was held to review the proposed budget for the Park Tower Condo Association fiscal year 2025/2026.

Call To Order

Board President Michael Parrie called the meeting to order at 7:30PM, introduced the Board and Management, and stated the purpose of the meeting was to review the proposed budget and then allow Owners an opportunity to comment and ask questions.

Proposed Budget Review and Q&A

Discussion was led by Michael Parrie who introduced Azi Feifel from Prospect Resources who discussed the changes in expectations for electricity and utility budgeting and then narrated a PowerPoint Presentation review of the proposed budget.

Then the Board and Management welcomed and addressed questions and comments from Unit Owners present regarding the Proposed Operating Budget for the 2025/2026 Fiscal Year, which was distributed by U.S. Mail the week of December 16, 2024.

Adjournment

There being no further business, after a motion by Dennis Sneyers Unit 4515, seconded by Richard Hendrix Unit 3815, the Unit Owners of the Park Tower Condo Association voted in favor of a resolution to adjourn the Special Meeting for review of the proposed operating budget for the 2025/2026 fiscal year, at 8:24pm. Meeting Chair Michael Parrie affirmed the motion was agreed to unanimously.

Signed (as seen on pdf of official minutes for this meeting, upper right corner of these minutes).

Michael Parrie, Board President

Sheldon Atovsky, Board Secretary