The CY2008 Budget Presentation meeting of The Regency Tower Board was called to order at 7:00 p.m. on Thursday, November 8, 2007 in the Meeting Room of The Regency Tower by the President.
Roll Call -The roll call showed the following Board Members present: Iris Anastasi, Eric Berkowitz, Dee Lanzillo, Fern McBride, Bob Nagle, Dott Nicholson-Brown and Bill Tennenbaum.
Reading of Minutes -The minutes of the meeting of The Regency Tower Board of Directors held on October 18, 2007 were read. Dee Lanzillo made a motion to approve the minutes as corrected, seconded by Eric Berkowitz, unanimously approved.
Recommendation: CY2008 Budget, Reserves (Bill Tennenbaum) -The Treasurer thanked the Finance Committee: Bob Nagle, Insurance & Utilities, Ron Forment, Operational Expenses, Tom Palumbo, Contracted Services, and Dott Nicholson-Brown, Administration. The Treasurer’s responsibilities included Revenue, Reserves & Taxes.
Committee Reports -Committee Reports were precluded by the Budget Presentation. Click Here to read the previous month's Committee Reports.
New Business -President Nicholson-Brown then called for New Business. Click Here to read New Business.
Adjournment -A motion was made by Iris Anastasi and seconded by Eric Berkowitz to adjourn the meeting at 7:40 p.m.; unanimously approved.
No Committee Reports Solicited at Budget Presentation Meeting
Association Owned Parking Space
November 8, 2007 - Eric Berkowitz made a motion that the Association owned parking space #81 be auctioned at an opening bid of $32,000.00.
Board Action -The motion was seconded by Bill Tennenbaum and unanimously approved.
Annual Holiday Fund for Employees
The Holiday Season will soon be here and, as is our custom, we are asking everyone to contribute to the Regency Tower Employees’ Holiday Fund for 2007. This fund shows our appreciation to all members of our staff for everything they have done during the past year to make living at the Regency Tower comfortable and pleasant.
The total amount received will be divided among all members of our staff. Although many residents give more, a minimum of $50.00 is suggested. We thank you for your generous response to this request.
Please make your check payable to “R. T. Employees’ Holiday Fund” and deposit it into the HOLIDAY FUND box on the Security Desk. If you are not in residence, please mail your contribution addressed to: Regency Tower Employees’ Holiday Fund by
Our committee wishes you and your family a joyous Holiday Season, as well as happiness and good health throughout the coming year.
Please keep in mind that many of our employees extended themselves far beyond their respective “job descriptions” before, during and after every emergency. Their actions contributed heavily to moderating the inconvenience and damage costs faced by our Association during and after each hurricane, when the garage door was on the fritz, during every flood, and during dozens of other instances that pass unnoticed because they do their job so well. This is an opportunity for each of us to show our gratitude and reward their dedication. Please DON’T ALLOW IT TO PASS without being heard from - editor
Employee Holiday Fund Committee