Special meeting on 3 pressing issues scheduled for Thursday, February 12, 2015 7:30 p.m.

Post date: Jan 30, 2015 4:36:44 PM

The Board of Directors has scheduled a Special Meeting, to be held on Thursday, February 12, 2015, at 7:30 p.m. The purpose of this Special Meeting is to elect 1-3 additional members of the nominating committee, who will work with the remaining 2 members of the nominating committee to submit 2 or more nominees for 2 newly created vacancies on the Board of Directors (created by virtue of the Bylaws change enacted at the 2014 Annual Meeting, as detailed on reverse side); to allow the members to vote on whether McKay Circle should become a one-way street (direction clockwise); and to allow the members to obtain information about, and discuss the merits of, the proposed sale of the rental house at 1 McKay Circle.

A PDF file with the meeting notice and agenda can be viewed or downloaded from the file list below.

Order of Business:

Notice of meeting, proof of

New Business:

1. VOTE ON Election of 1-3 Additional Members for a Nominating Committee (see Bylaws section on reverse side)

2. VOTE ON proposed change of McKay Circle to one-way traffic flow, clockwise from direction of Webb/east, towards Russell/west.

3. Discussion of proposed sale of 1 McKay Circle rental house:

   • Status of written mail-in vote to sell an additional membership

   • Status of reserves

   • Financial pros and cons of selling a rental, leaving 2 rentals remaining

   • Appraisal of 1 McKay Circle

   • Unsolicited offer to purchase 1 McKay Circle

   • Member input on process for marketing and sale of 1 McKay Circle

Adjourn