Notice of Annual Budget Meeting November 25th, 2024

NOTICE

 

Grand Estuary IV AT RIVER STRAND

ANNUAL BUDGET MEETING

 

 

Dear Members of Grand Estuary IV at River Strand,

 

On November 25th, 2024, at 11:00 a.m., the Annual Budget Meeting for Grand Estuary IV at River Strand will be held. The meeting will be held on Zoom. Login information is included in this notice.

 

PROPOSED 2024 BUDGET

 

Enclosed for your information is a copy of the proposed 2025 Budget to be considered by the Board of Directors for ratification by the Board of Directors at the above noticed Annual Budget meeting.

 

During this meeting, the enclosed proposed 2025 Budget will be presented for consideration by the Board of Directors for ratification. The proposed budget recommends a higher quarterly maintenance fee of $1,675 per quarter per member for the coming year to account for operational expenses and mandated reserves. The quarterly maintenance fee includes reserve funding utilizing the Cash Flow method (Pooling Reserves) of funding.

 

Submitted respectfully on behalf of the Board of Directors,

 

Dev Doyno

 

Dev Doyno LCAM

Community Manager

Grand Estuary IV at River Strand

 

Meeting Login Information

 

Dev Doyno is inviting you to a scheduled Zoom meeting.

 

Topic: GE4 Annual Budget Meeting

Time: Nov 25, 2024 11:00 AM Eastern Time (US and Canada)

 

Join Zoom Meeting

https://us02web.zoom.us/j/84834458931?pwd=8IKfLm5aHg2bnKujPdUFz1diR0AUbI.1

 

Meeting ID: 848 3445 8931

Passcode: 752554

 

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Meeting ID: 848 3445 8931

Passcode: 752554

 

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NOTICE OF MEETING

 

ANNUAL BUDGET MEETING – GRAND ESTUARY IV AT RIVER STRAND

 

November 25th, 2024 - 11:00 a.m.

 

Meeting Agenda

 

·        Call to order

·        Verification of the Board of Directors

·        Verification of Proper Notice of Meeting

·        Financial Report

·        Presentation of Proposed 2025 Operating and Reserves Budgets

·        Board Discussion

·        Membership Questions and Opinion

Members with Questions or Comments upon Statement of Name and Address will be allotted up to three (3) minutes to ask Questions or State Comments.

·        Call for motion to ratify the 2025 Proposed Budget, Board Discussion, and Board Vote

·        Adjournment of Annual Budget Meeting