SAN MARINO BAY CONDOMINIUMSASSOCIATION, INC.

ANNUAL MEMBERSHIP MEETING

SEPTEMBER 9, 2013

MINUTES

I. CALL TO ORDER

The annual membership meeting of the San Marino Bay CondominiumsAssociation, Inc. was called to order by Jody DeJute, President, and Chairperson on September 9, 2013 at 6:38 P.M. at the Town and CountryHospital, 6001 Webb Road, Tampa, Florida.

II.ROLL CALLQuorum Present40 units represented

Total Votes Possible71

Required for Quorum 29

Valid Proxies Submitted= 37 Units represented at meeting = 3

III.PROOF OF NOTICE
Management reported for the record the dates notices of meeting were sent. An

affidavit will be filed in the records.

IV.Minutes

On motion made, duly seconded, and upon unanimous agreement, the membership waived the reading of the Minutes from the September 12, 2012 membership meeting and approved the minutes as written.

V. ELECTION OF DIRECTORS AND VOTE FOR GENERAL ITEMS

Volunteer Election Officials Elizabeth Somers and Garland Stephens certified the proxies as well as tallied the Ballots and Proxy Ballots.

  1. There being four candidates for the five, open Director positions, Kenny Jenkins, Jack Mills, F. Keith Walters, and Bill Williams were seated on the Board. A tally of the votes resulted in Jack Mills and Kenny Jenkins receiving the highest number of votes of the four candidates and will, therefore, each serve for two-year terms. Keith Walter and Bill Williams will each serve one year terms. An open, one-year Director position remains to be filled by appointment of the Board.
  1. Votes were tabulated for General Items with the following results:
  1. Upon a vote of 31 FOR and 4 AGAINST, the Membership agreed to waive the yr 2014 roof reserves of $ 33, 051 and use said funds as payment against debt service for the yr 2003 roof loan.
  1. Upon a vote of 34 FOR and 2 AGAINST, the Membership agreed to

carry excess operating funds, if any, from yr 2013 into yr 2014.

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San MarinoBay Condominiums

Annual Meeting Minutes 9/9/13

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  1. Upon a vote of 30 FOR and 6 AGAINST, the Membership agreed to keep insurance deductibles at the current minimum amount.
  1. Upon a vote of 19 FOR and 16 AGAINST, the proposed amendment

to the Declaration to provided for non-refundable dog deposits, allow

larger dogs, and permit tenants to keep pets failed to achieve the

necessary 36 FOR votes required for passage.

VI.NEW BUSINESS

Members in attendance were permitted to address the membership. Jody Dejute was thanked for his years of service on the Board.

VII. ADJOURNMENT

There being no further business the meeting was adjourned at 7:00 PM.

Approved by the Membership on September 8, 2014.