Minutes of the 1998 Membership Meeting
BALLENA BAY TOWNHOUSE ASSOCIATION
ANNUAL MEMBERSHIP MEETING
September 17,1998

CALL TO ORDER - The meeting was called to order at 7:45 p.m.

QUORUM - President Ehrlich confirmed that a quorum was represented by those in attendance and proxies.

PURPOSE OF MEETING
President Ehrlich explained that the purpose of the meeting was to:
1. Consider reports of the affairs of the corporation;

2. Elect Directors of the Association; and;

3. Transact any other business to come before the meeting that is within the powers of the shareholders.

APPROVAL OF MINUTES
It was moved, seconded and passed to approve the minutes of the September 23,1997 Annual Membership Meeting.

REPORTS

1. Treasurer Mel Schwartz summarized his financial report dated August 31.1998, noting variances to the budget

2. Architectural Committee Chair Mary Neil thanked her committee: Ann Kenyon, Isabella Foster, Tony & Bryan Leyda, and Pat Chronis.

3. President Ehrlich thanked the Board for their efforts on behalf of the Association.

ELECTION OF DIRECTORS

MOTION: It was moved, seconded and passed to nominate the slate of Directors as presented on the ballot Susan Frank, Jeff Frankel, David Wiard, Bruce Smith and Bob Kenyon. The floor for nominations was closed.

MOTION: It was moved, seconded and passed to elect the slate of Directors by acclamation.
The following newly elected Directors were introduced: Jeff Frankel, David Wiard, Susan Frank, and Bob Kenyon. Bruce Smith was not present

GENERAL DISCUSSION

1. The Bacigalupis and the Robinsons, new owners at Ballena Bay, were Introduced.

2. Jennifer Flanigan commented that the painters were great - the did a fine job and were very sensitive to residents' concerns. It was suggested that a letter be sent to R. E. Broocker Painting expressing the Association's appreciation.

3. Leon Persson suggested that the quality of the paint be upgraded for the next phase.

ADJOURNMENT

The meeting was adjourned at 8:05 p.m. A brief Board meeting followed