Joseph Penevolpe ran unopposed and was elected to an additional two year term.
The October financial report was reviewed and noted that the Association was running an operating profit of $28,705.00 (YTD)
The 2021 operating budget was passed with no increase to the monthly assessments.
The Property Manager and Board discussed the project to replace the sprinkler system which will be operational in the spring. The project was completed out of the existing reserve funds and no additional assessment was required. They also discussed the previously postponed roof replacement project. This will be revisited in the spring of 2021 and a decision will be made then as to whether to proceed with the project.