April 8 Minutes
Victoria Village Atrium Association Board of Directors’ Meeting April 8, 2024 Board members present: Sarah Wise, president; Larry Sagstetter, vice president; Hank French, secretary; Ann McNattin, member at large. Board member absent: Margie St. Jacques, treasurer. Also present: Mike Severson, building manager. 16 Homeowners present. I. Call to Order: The meeting was called to order at 6:30 p.m. II. Secretary’s Report: Moved, seconded, and voted to approve the minutes for the March 2024 board meeting as written. III. Treasurer’s Report: a. For March 2024, the opening balance was $485,150.09 and the closing balance was $500,828.68. This represents an increase from the opening balance of $15,678.59. As of the end of March, we had $62,423.33 in our operating checking account, and $438,405.35 in reserve accounts. (Note: The reserve accounts are one operating CD with North American Bank, a money market account with Premier Bank, a Premier CD, an NAB CD, a savings account with Royal Credit Un...