Minutes of Board of Director Special Meeting 12-5-2022

Minutes of Special Meeting

Ridgemark XI Homeowners (RMXI) Association Board

A special meeting of the Board members of the RMXI was held via telephone and email communication on December 5, 2022.  Those Board members included in the communication were:

Bill Baker

Harry Hill

Lena Blackburn

Paul Namkoong

Bartolo Racca

Grant Kane

The purpose of the meeting was to approve the budget for calendar year 2023.  The issue regarding the increases in expense required the Board to discuss a proposal made by Paul Namkoong to increase the Homeowner Dues by $20.00 per household per quarter.

The increase to Homeowner Dues is directly related to a 13% increase for security services.

The consensus of the Board was to approve the Dues increase and notify the homeowner membership and Ellen Fisher (bookkeeper) prior to the beginning of the new year.

Respectfully Submitted

Bartalome Racca – Secretary