NOTICE
GRAND ESTUARY V AT RIVER STRAND
ANNUAL BUDGET MEETING
Dear Members of Grand Estuary V at River Strand,
On November 20th, 2024, at 2:00 p.m., the Annual Budget Meeting for Grand Estuary V at River Strand will be held. The meeting will be held on Zoom. Login information is included in this notice.
PROPOSED 2025 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 $1,495.00 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
President
DRI Management
Dev Doyno is inviting you to a scheduled Zoom meeting.
Topic: GE 5 Annual Budget Meeting
Time: Nov 20, 2024 02:00 PM Eastern Time (US and Canada)
Join Zoom Meeting
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Meeting ID: 830 6269 3879
Passcode: 339416
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Meeting ID: 830 6269 3879
Passcode: 339416
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NOTICE OF MEETING
ANNUAL BUDGET MEETING – GRAND ESTUARY V AT RIVER STRAND
November 20th, 2024 – 2:00 P.M.
Meeting Agenda
1. Call to order
2. Verification of the Board of Directors
3. Verification of Proper Notice of Meeting
4. Financial Report
5. Presentation of Proposed 2025 Operating and Reserves Budgets
6. Board Discussion
7. 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.
8. Call for motion to ratify the 2025 Proposed Budget, Board Discussion, and Board Vote
9. Adjournment of Annual Budget Meeting
Dev Doyno is inviting you to a scheduled Zoom meeting.
