SAMMAMISH WATERWAY
CONDOMINIUM ASSOCIATION
ANNUAL MEETING MINUTES – APPROVED
WEDNESDAY, APRIL 2, 2008
7:00 PM
CALL TO ORDER – 7:14 PM
INTRODUCTIONS
ROLL CALL
ESTABLISH A QUORUM (40%) – A Quorum was established. 48/102 owners were represented in-person or by-proxy.
PRESENT PROOF OF NOTICE OF MEETING – Mailed 2/29/08
PRESENTATION – DRAFT DECLARATION AMENDMENT
JAMES L. STRICHARTZ, ATTORNEY
APPROVAL OF 2007 ANNUAL MEETING MINUTES – A motion was made, seconded and passed unanimously to approve the 2007 Annual Meeting Minutes
REPORTS OF OFFICERS
PRESIDENT’S REPORT – ACCOMPLISHMENTS IN 2007
TREASURER’S REPORT – YEAR 2007 SUMMARY
ELECTIONS – TWO OPENINGS
TWO 2-YEAR TERMS; Board Members Robert “Njord” Folgadalen, Erik Noyd and Thomas Smith have one year remaining on their terms. The terms of Kent Hutchings and Derek Moore are expiring. Motions were made and seconded to nominate Kent Hutchings and Derek Moore. There were no other nominations. A motion was made, seconded and passed unanimously to elect the slate as nominated.
UNFINISHED BUSINESS – None
NEW BUSINESS
Jim Strichartz provided an overview of the draft High Risk Components Declaration Amendment and answered questions from homeowners.
ADJOURNMENT – Meeting adjourned at approximately 8:55 p.m.
