Annual Meeting

The 2020 meeting was held electronically via Zoom on June 4, 2020. A quorum was reached.

2020 Agenda

1. Roll call
2. Proof of Notice of Meeting
3. There are no prior meeting minutes to review, as we have not previously had a quorum.
4. Update on the Powder Reserve Master Association
   1. Report on Termination of the Powder Reserve Master Association
   2. Vote on the Amendment to the Declaration of Powder View; An Association Amendment accepting new Common Elements of Powder View, Declaring Certain Provisions of the Declaration Null and Void, and Amending and Replacing Exhibit 2 to the Declaration. (VOTE)
5. Report from the Architectural Control Committee
6. Election of the Directors of the Executive Board
7. Ratification of FY 2020 Budget (VOTE)
8. New Business
   1. Discussion of the appropriate use of the common elements & green space
   2. Proposed Amendment to the Declaration of Powder View, Article X, Section 10.2, Occupancy Restrictions (VOTE)

Proposed FY2020 Budget

Expenses - Annual - Quarterly - Unit/Quarter

Management: $4,320.00 - $1,080.00 - $30.00

Landscaping: $4,500.00 - $1,125.00 - $31.25

Electricity: $250.00 - $62.50 - $1.74

Insurance: $1,512.00 - $378.00 - $10.50

Audit/Tax Prep: $500.00 - $ 125.00 - $3.47

Tax & Licensure (even years): $50.00 - $12.50 - $0.35

Reserves: $1,250.00 - $312.50 - $8.68

Total: $12,382.00 - $3,095.50 - $85.99