THE VERY BEST OWNER'S ASSOCIATION
Board of Directors Meeting Notice
May 23, 2019 | 6:45 p.m. | Clubhouse
AGENDA
1. Homeowner's Open Forum 6:45 p.m.
2. Call to Order 7:00 p.m.
3. Secretary's Report 7:00 p.m.
a. Associa® has attached a copy of the BOD meeting minutes for your approval.
Once approved and signed by the secretary, they will be posted on the website for
homeowner's viewing and placed in the corporate record book.
4. Treasurer Report 7:05 p.m.
a. It is board policy to review the reconciled financial statements at least once per quarter.
Associa has prepared and attached the financial statements for your review and
acceptance by the president on behalf of the board.
The notable highlights are as follows:
• Operating Account (cash on hand) $133,013.28
• The Reserve Account $817,164.51
• Members Receivable (past due assessments) $29,231.84
• Accounts Payable (unpaid bills) $2,025.00**
• Net Income (Loss) $56,290.40
i. *Included in the Members Receivable are 7 accounts that are in collections. See the
ABC Trustee Services Report attached.
ii. **See the attached Financial Summary Report for more details.
5. Management Report 7:15 p.m.
6. Action Items
a. Accept reviewed financials
b. Adopt revised election rules
7. Committee Reports
8. Old Business (none) 7:45 p.m.
9. New Business (none)
10. Next Meeting Date & Location 7:50 p.m.
11. Adjourn 7:55 p.m.
