BALLENA BAY TOWNHOUSE ASSOCIATION
Annual Membership Meeting
September 15, 2005
MINUTES

CALL TO ORDER - Vice President Rob Larsen called the meeting to order at 7:45 p.m.

QUORUM - Manager Rich Noble declared that a quorum of the members was present at this meeting with 54 members represented either in person or by proxy.

PURPOSE OF MEETING

To consider reports of the affairs of the corporation.

To elect Directors of the Association.

To transact any other business to come before the meeting that is within the powers of the shareholders.

REVIEW AND APPROVAL OF MINUTES

MOTION: It was moved, seconded and passed to accept the minutes of the September 16, 2004 Annual Membership Meeting as presented.

REPORT:

Waterside: Rob Larsen reported that a proposal from Western Dock Enterprises was received relative to possible improvements to dock issues that occur at low tide, which will be submitted to the new Board of Directors for further consideration.

Waterside Use: Rob Larsen also reported that the Waterside Use Committee have reviewed all of the questionnaires submitted by members and will forward their findings to the new Board of Directors.

There were no other committee reports submitted at this time.

General Discussion: It was suggested by John Moore that the new Board of Directors should consider updating/amending the CC&R's.

NOMINATIONS - At this time the following candidates were nominated for the Board of Directors election: Nancy Moore Elise Hall, Audrey Kramer, Michael Brownlee, and Shelly Bliss.

MOTION: There being no further nomination, it was moved, seconded and passed to close the nominations.

At this time each candidate was asked to introduced themselves to the members and give a short speech about their background and interest in serving on the Board.

ELECTION

MOTION: It was moved, seconded and passed to elect the slate of nominees by acclamation, as follows

Elise Hall

Audrey Kramer

Nancy Moore

Shelly Bliss

Michael Brownlee

ADJOURNMENT - The meeting adjourned at 8:35 p.m.