Minutes of the 4/27/11
Special Meeting of the
Lakeshore Company
Held at the MKL
Clubhouse
President
Godfrey called the meeting to order.
The
Secretary indicated that a quorum was present.
A motion was
made to not read the wording of the following two proposals (1. Proxy/ballot for Land Conservation/Tax Savings By-Law and 2.
Proxy/Ballot to Insure Collection of all dues/fees due upon
sale of a house.)The motion was proposed by F. Frigerio
and seconded by B. Bierley. It was adopted
unanimously by voice vote. The wording of both proposals had been previously
distributed to all houses in MKL.
Mr. Godfrey
described the two proposals.
Discussion
was as follows:
D. Dietz
asked what would happen if the maximum reduction of real estate taxes was
achieved and more funds than necessary were generated. Mr. Godfrey indicated
that the Board would look at possibly reducing dues.
D. Dietz
asked for clarification as to who would monitor the reserves that would be created.
Mr. Godfrey indicated that it would be a three person group who were not Board
members.� They would report back to the
Board and the community annually as to whether the reserves were being handled
correctly.
B. Edgar
asked whether liens would still be placed as per current policy. Mr. Godfrey
said liens would still be placed. Mr. Edgar explained the process for property
tax abatements and described his discussions with the town tax assessor. It is
felt that maximum tax abatement is feasible. M. Baumgarten
observed that there must be standards in place for abatements. Mr. Godfrey
observed that it was a valuation issue.
A motion
was proposed by F. Frigerio and seconded by B. Bierley to call the vote for both proposals. It was adopted
unanimously by voice vote. The results are as follows:
Land
Conservation
63 in favor
8 against
Dues
Collection
65 in favor
6 against
Both of the
above proposals were thus approved.
The meeting
was then adjourned.
Minutes
submitted by
Tawnya Kabnick, Secretary.