MINUTES OF ANNUAL MEETING OF THE AUSTIN COURT CONDOMINIUM ASSOCIATION – JANUARY 14, 2009

The minutes of the previous meeting (Oct. 15, 2008) were approved.

Last year’s slate of trustees was reelected by unanimous vote of those present (plus one proxy we received).

Voncile White and Denise Bredt resigned from the Board; we are all extremely grateful for their invaluable contributions over many years.

The remaining Board members unanimously appointed Shabeeb Rabbany and Ilie Talpasanu to replace them.

The following Trustees were elected as Officers:

·         Gary Drescher (President)

·         Jenny Panico (Treasurer)

·         John  Sheff (Secretary)

The 2009 budget was reviewed.

There was a discussion on the Lobby Project.  Both Lexine and Mary Beth updated the Board on their work.  Prior to making a selection of a contractor, however, the Board needs to find out from Go Mgmt. as to how the contractor will be supervised.

The Board noted the progress being made in the capital fund that was being saved towards the elevator reconstruction.

The ceiling of the garage area will need to be repaired; the Board will revisit the issue in the spring.

The roof is in an acceptable condition and will not need immediate repairs.

A suggestion was made that areas around the storage bins in the basement be cleared out.

The next regular meeting will be on Wednesday, April 8, 2009. Location TBD. However, there will also need to be a special meeting to discuss final plans for the Lobby Renovation as soon as feasible.

The meeting was adjourned.