August, 2025 Minutes
Victoria Village Atrium Association Board of Directors’ Meeting August 11, 2025 Board members present: Sarah Wise, president; Larry Sagstetter, vice president; Margie St. Jacques, treasurer; Jill Griffith, secretary; Ann McNattin, member at large. 11 homeowners were present. Also present: Mike Severson, building manager. Call to Order: The meeting was called to order at 6:30 p.m. Secretary’s Report: Moved, seconded, and voted to approve the minutes for the July 2025 board meeting as written. Treasurer’s Report: For July 2025, the opening balance was $459,493.49, and the closing balance was $258,179.67. This represents a decrease from the opening balance of $201,313.82. As of the end of July, we had $54,891.35 in our operating checking account, and $159,972.05 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 Union, and three CDs ...