Newport Miami Beach Condominium Association, Inc.
ANNUAL DIRECTORS MEETING MINUTES
January 23, 2012
Present: Martha Sam, President
Ray Nyhuis, Vice President/Treasurer.
Raquel Valusek, Secretary (via telephone)
Robert Cornfeld, Developer, Owner of Newport Operating Corp.
Howard Gnatt, representative of the Management Co., acting as Secretary
The annual Directors meeting for Newport Miami Beach Condominium Association, Inc. was called to order at 10:45 a.m. on Monday, January 23, 2012 in the Atlantis Ballroom at 16701 CollinsAvenue, Miami Beach, Florida. Martha Sam, Director and President, was chairperson of the meeting.
A roll call of the Directors was taken. Since a quorum of Directors was present, the meeting was declared official.
Martha Sam made a motion to waive the reading of the agenda, since all were given a copy. Motion seconded by Ray Nyhuis. All in favor, 3, against, 0.
Copies of the “Receipt of Mailing” as well as the notices of Meeting were presented by Mr. Gnatt as proper proof of notice of the meeting.
Martha Sam made a motion to waive the reading of the minutes of the last meeting. Motion seconded by Ray Nyhuis. All in favor, 3, against, 0.
The first order of business was to approve the 2012 Budget. After asking the other directors if there were any questions regarding the budget, Martha Sam made a motion to approve the 2012 Budget. The motion was seconded by Ray Nyhuis.
The next order of business was to approve the 2012 Reserve Funding. There being no questions from the floor, Martha Sam made a motion to approve the 2012 Reserve Funding, seconded by Ray Nyhuis. All in favor 3, against, 0.
There being no new business to discuss, Ray Nyhuis made a motion to adjourn the meeting. Motion seconded by Martha Sam. Meeting adjourned at 10:51 a.m.
Respectfully submitted: Date submitted: January 23, 2012
Howard T. Gnatt
Acting Secretary
16701 Collins Avenue, Suite 100, Miami Beach, Florida33160
Phone: 305-940-9933 Fax: 305-919-8541 E-Mail: