Present: Directors: Charles Bressler,
Judi Barth, Ilo-Mai Harding, Alexandra Kielty, Alfred Muller, David Robinson,
Lerch Early Legal Counsel Jason, Fisher, ECA General Manager Jim
Santos, ECA Assistant Manager Wanda Powell, Legum & Norman
Community Manager Greg Roby, recording secretary
Absent: Seth
Levine
Quorum Report: The meeting began after it was determined that we had 53% of the
Association membership represented either by in-person registration or proxy
receipt.
Election Inspectors: Linda Kontnier & Jim Vuko
Bylaw Amendments: after Jason Fisher reviewed the bylaw amendments, both amendments were
tabled for 180 days in an effort to reach a larger percentage of the
Association. While the bylaw amendment pertaining to the requirement of unit
owners to have individual condo insurance needs only 51 percent of the
Association to pass (mandated by a recent Montgomery County Condo Law), the
bylaw addressing the ECA requirement to have 75 percent of the membership
approval on all bylaw changes had no possibility of passing with only 53% of
the membership participating.
Election of New Board Members:
2 year terms: Ted Ariev,
John McNerney, David
Robinson,
Steven Shattman,
and Herman Stekler
(1 year term). The newly elected
board members, except for Steven Shattman who was absent from the meeting, went
into to an executive session with legal counsel Jason Fisher after the annual
meeting concluded the public portion of its agenda.
New Business:
One disturbing item of information announced is that in 2012 the rental
percentage in the Elizabeth has jumped from 21 percent to 29 percent. A rising
rate of rented units has implications for selling and financing units as well
as affecting the quality of life for residents.
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