Monday, July 10 Meeting With Homeowners
Victoria Village Atrium Association Board of Directors’ Meeting Monday July 10, 2023 Board members present: Sarah Wise, president; Larry Sagstetter, vice president; Margie St. Jacques, treasurer; Jane Johnson, member at large; Hank French, secretary. Also present: Mike Severson, building manager. 24 Homeowners were present. I. Call to Order: The meeting was called to order at 6:30 p.m. II. Secretary’s Report: Minutes for the June 2023 board meeting were approved as written. III. Treasurer’s Report: For June 2023, the opening balance was $401,051.16 and the closing balance was $416,438.36. This represents an increase from the opening balance of $15,387.20. As of the end of June, we had $60,701.62 in our operating checking account, and $352,733.74 in reserve accounts. (Note: The reserve accounts are two operating CDs with North American Bank, a money market account with Premier Bank, a Premier CD, an NAB CD, and a CD with Royal Credit Union.) (Note: A CD with Great Southern Bank matured ...