Monaco Estates

MONACO ESTATES HOMEOWNERS’ ASSOCIATION
BUDGET-BOARD MEETING MINUTES
TUESDAY, October 19, 2022

CALL TO ORDER: The meeting was called to order by Rob Ellison at 6:00 pm.

VERIFY QUORUM: Rob Ellison-President and Eugene Ruberte-Sec/Treasurer were in attendance. Kathy Watts represented Dragon Property Management.

APPROVAL OF MINUTES:
Rob Ellison made a motion to accept the minutes from the February 15, 2022 Organizational Board Meeting as presented. ­­­­­­­­­­­­­­­­­­­­­­­­­­­­­ Eugene Ruberte seconded the motion and it passed by unanimous voice vote.

FINANCIALS:
Two owners have not paid their 2022 annual fees and have been charged late fees and financials charges. Liens may also be placed on these properties after the new year.

UNFINISHED BUSINESS:

NEW BUSINESS:
2023 Budget: Rob Ellison made a motion to approve the 2023 Proposed Budget that was mailed out to homeowners last month. Eugene Ruberte seconded the motion and it passed by unanimous voice vote. The approved budget for $260.00 will be mailed with the invoices which will be mailed mid-December. First Notice of the Annual Meeting will be mailed in January once a date for the Annual Meeting is scheduled.

Garage Sale: The community garage sale is scheduled for October 22nd.

NEXT MEETING: The next Board Meeting will be the Annual Meeting on Wednesday, February 15, 2023 at 6:00pm.

ADJOURNMENT: With no further business to discuss, Eugene Ruberte made a motion to adjourn the meeting at 6:45pm. Rob Ellison seconded the motion and it passed by unanimous voice vote.

Respectfully submitted,

Kathy Watts
Kathy Watts, CMCA, LCAM
Dragon Property Management