Information Meeting Regarding the Petition to Lower Assessments to $500
Date: 07/02/2007
Location: Pittsfield Township Building,
large conference room
Attendees: 17 co-owners including 3
Directors
Discussion Topics:
- History
of the assessments
- What
the Association owns
- Large
budget items
- Potential
for investment opportunities beyond CDs
- History
of the Builder’s original plans contrasted to the most recent, rejected
proposal from the Builder, and opportunities and risks of a future joint
association with future subdivisions
- A
re-bidding policy for purchased services
Assignments for the Directors:
- Investigate
investment options with consideration for a third amendment to remove the
conservative investment limitation
- Implement
a re-bidding policy for purchased services