BOARD OF DIRECTORS MEETING MINUTES

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BOARD OF DIRECTORS MEETING MINUTES

(To Approve the 2022 Proposed Budget)

02/15/2022

The Budget Meeting of Villa Portofino West Association was held on Tuesday, February 15, 2022, at 7:00 p.m. via Zoom.

  • A. Call to order: The budget meeting was called to order at 7:10 pm via the application

    Zoom and was conducted by the Association’s Attorney, Paul Arcia. The meeting was

    recorded.

  • B. Proof of Notice of Meeting: The association’s Attorney verified that the notice was sent

    by mail to all homeowners.

  • C. Reading of minutes or waiver of reading of minutes: All were in favor to waive the

    reading of last meeting’s minute.

  • D. Establishment of a Quorum of Directors: a quorum was established. All Directors were present:

  1. Valerie Isaac — President

  2. Luis Caballero — Vice-President

  3. Raciel Denis Perez — Treasurer

  4. Laura Sotomayor — Secretary

  5. Cathy Diaz - Director

    1. Consideration and Vote by the Board to Approve the Budget:

    The President of the Board, Valerie Isaac, passed a motion to consider and approve the

    2022 Budget: the Vice-President of the Board, Luis Caballero, seconded the motion.

    The five Board members present approved the passing of the proposed budget.

    2. Adjournment: At 7:17 pm, a motion was made by Paul Arcia to adjourn the meeting,

    Valerie Isaac seconded. Motion approved unanimously.