Riverside Terrace

Budget Meeting Minutes

November 16, 2020

Certifying of Quorum & Call to Order
Meeting called to order by Sharon Dowling at 5:12pm on Zoom

Roll Call:
Sharon Dowling – present
Peter Tedone – absent
Dan Creedon – present
Anna Enrico – present
Barbara Ellis – present
Rik Shafer – present
Mike Bisaha – absent

A quorum was established.

Sharon Dowling began to record the minutes.

Proof of Notice of Meeting
The notice was emailed and posted on November 12, 2020.

Presentation of 2021 Budget
Sharon Dowling reviewed the details of the proposed budget.

Open Forum for Budget Questions
It was suggested we look at our fire alarm contract to see if there is a way to lower the cost per onsite repair calls.

Vote of 2021 Budget
Motion to approve the 2021 budget resulting in a quarterly fee of $1683.45 was made by Barbara Ellis and seconded by Dan Creedon.  Motion passed.

Adjournment
Motion to adjourn the meeting made by Barbara Ellis. Motion was seconded by Dan Creedon. Motion passed. Meeting adjourned at 5:40pm.