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Past Board Meetings

 

MEMBERS PRESENT

Kaveh Bakhtiari, Treasurer                               

Lisa Cardonna

Lynda Massa, Vice President

Russ Petro, President

Dean Valentine, Secretary

 

MANAGEMENT REPRESENTATIVES

Babak Bakhtiari, Esq. of Law Offices of Konstantine Sparagis, P.C.

Chuck Patterson, Property Manager

Richard Zielinski, Property Supervisor

 


BOARD OF DIRECTORS MEETING TO RATIFY THE LEASE AMENDMENTS

 

The Special BOARD OF DIRECTORS (henceforth referred to as “the Board”) meeting of the 2010 session of the MUSEUM PARK LOFTS CONDOMINIUM ASSOCIATION 125 EAST 13th STREET (henceforth referred to as “the Lofts Association”) was called to order at 7:07 P.M, after a review of documents. Board PRESIDENT of the Lofts Association (henceforth referred to as “President”), Russ Petro, announced to residents that a quorum of proxies was available, and that the meeting was official.

 

President Petro then asked BOARD OF DIRECTOR MEMBERS (henceforth referred to as “Directors”) to please sit at the table.

 

MINUTES

 

President Petro asked that the minutes for the August 25th, 2010 meeting be approved.  Director Dean Valentine so moved.  Director Lynda Massa seconded.  The motion passed without dissent.

 

ratification

 

President Petro reiterated that this meeting was to make official the passage of the Leasing Amendment.  Notification of what the amendment entails had been previously distributed to 125 EAST 13th STREET CONDOMINIUM OWNERS AND INVESTORS (henceforth referred to as “Unit Owners”).  He asked if there were any questions from Unit Owners present; or if anyone wished to vote, that had not yet voted. 

 

President Petro then ceded the floor to the SECRETARY of the Board, Dean Valentine.  Secretary Valentine announced the results of the vote. 

 

Secretary Dean noted that 109 Unit Owners voted for the Leasing Amendment,  27 voted against it, and 13 did not vote.  The percentage break down was 69.59% of the Building’s ownership was in favor of the Amendment, while only 67% was needed for passage.

 

President Petro noted that 33 lending institutions were notified of the results of the vote, and 28 have responded. 

 

VICE PRESIDENT of the Board Lynda Massa moved to ratify the Leasing Amendment.  Director Kaveh Bakhtiari seconded.  The motion passed without dissent.

 

President Petro moved that the meeting be closed at 7:11.  Director Massa seconded.  The motion was approved without dissent.

 

Museum Park Lofts I Condominium Association

Board Meeting Minutes – 10/28/2010