1 Request Received from Homeowners
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5 Nonprofit Corporation Types of Meetings From Missouri Revised Statutes Chapter 355 Annual, regular meetings - Section Special meetings - Section
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10 Request Received from Homeowners
11 Request Received from Homeowners
12 Agenda Items Requested –Transfer of Common ground –Election of Trustees/Directors –Resident Issues Resolution Process –Budget Vote –Mail-In Voting and Voting Procedure Request Received from Homeowners
13 Overview of Indentures vs. Non- Profit Corporate Law as it Applies to CLWII
14 Transfer of Common Ground
15 Transfer of Common Ground Excerpts From The Indentures Covering Common Ground
16 Transfer of Common Ground
17 Election of Trustees
18 Election of Trustees/Directors Excerpt From The Indentures Covering Election of Trustees
19 Election of Trustees/Directors Trustee’s Practice
20 Election of Trustees/Directors
21 Resident Issues Resolution Process
22 Resident Issues Resolution Process
23 Budget Vote Request We ask for an agenda item on the issue of what is meant by “simple majority”.
24 Budget Vote
25 Budget Vote
26 Mail-In Voting and Voting Procedures
27 Mail-In Voting and Voting Procedures Matters on Which allow Require Resident Votes 1. Election of Trustees 2. Annual Assessment 3. Special Assessment Matters Which Require Resident Written Approval 1. Amendment of Indentures
28 Mail-In Voting and Voting Procedures Election of Trustees
29 Mail-In Voting and Voting Procedures Annual Assessment
30 Mail-In Voting and Voting Procedures Special Assessment
31 Mail-In Voting and Voting Procedures Amendment of Indentures
32 FINANCIAL OVERVIEW Objectives –Total Expense = Total Income Minimize or Eliminate Taxes –Manage Money More Effectively Interest earned Operating Income Operating Expenses Project Expenses –Change to Budgeting Process Identify Operating Income & Expenses Identify Project Expenses
33 Financial Overview Manage Income –Total Income - Interest Earned = Operating Income Manage Expenses –Total Expense - Operating Expense = Project Expense
34 ACCOUNT BALANCES
35 TOTAL INCOME - EXPENSE SUMMARY
36 OPERATING INCOME - EXPENSES
OPERATING EXPENSE HIGHLIGHTS
PROJECTS ACCOMPLISHED
APPROVED PROJECTS