Board Meeting of April 18, 2017
All board members attended but L.B and PK
This meeting was to count the proxies on whether the condo owners accepted the new docs and rules or not.
Frank (by himself) counted the proxies.
There were 27 people that attended the meeting. Many more than usual.
There were 94 yeas’ and 6 no’s
So the docs were passed.
Amendments are possible in the future.
Insurance for the Building
We will remain with American Coastal as it is an admitted Florida Insurer and if a catastrophe happens each apt is insured up to $100,000.
Another company was visited but it was a surplus line carrier and did not have the guarantees that Am Coastal has.
This was per Frank.