PLAZA EAST ASSOCIATION
MINUTES OF SPECIAL OWNERS’ MEETING
WEDNESDAY, DECEMBER 20, 2006


MR. DONALD HALSBAND NOMINATED CHARLES PACKARD TO PRESIDE OVER THIS SPECIAL OWNERS’ MEETING. ALL IN ATTENDANCE VOTED AYE. MR. PACKARD CALLED THE MEETING TO ORDER AT 7:35 P. M. MR. MIKE MORGAN, MANAGER, MR. RANDELL ROGERS, ATTORNEY AND MR. TED PERELLA, CPA WERE PRESENT ALONG WITH BOARD MEMBERS ALEX SOUFRINE, RAFICK HENEIN, TERRY MARCUM, DI ANNE SHUMARD, CHARLES PACKARD, ISMET BAKER AND JOHN TOKLUCU.


  • VERIFICATION OF A QUORUM


A QUORUM WAS ESTABLISHED UNDER THE PLAZA EAST ASSOCIATION BY-LAWS WITH OVER 281 PRESENT WITH PROXY.

2. RESULTS OF PROPOSAL

A) TO PARTIALLY FUND THE RESERVE BUDGET FOR 2007 OR FULLY FUND
.

For Partial Funding: 332
Against Partial Funding: 21
Needed to Pass 139
PASSED

THERE WERE 9 VOTES WHERE OWNERS HAD NAMED PROXY HOLDERS, HOWEVER THESE PROXY HOLDERS WERE NOT PRESENT AND THEREFORE 9 VOTES COULD NOT BE COUNTED. IF A PROXY HOLDER CAN NOT ATTEND, HE/SHE SHOULD NAME SOMONE IN THEIR PLACE.

PROXY HOLDERS IN ATTENDANCE: HELENE PASTERNAK, JOHN TOKLUCU FOR RICHARD LOARIE, DI ANNE SHUMARD, JEAN GREENGLASS, FLORENCE BERLINER, HAROLD WECHSLER, HARRY GREENBERG. THOSE PROXY HOLDERS NOT IN ATTENDANCE: ESTHER LOVEMAN, JAMES BRADY, STAN ROTHENBERG.

THE MEETING WAS ADJOURNED AT 8:45 PM.


RESPECTFULLY SUBMITTED,


___________________________
HELENE PASTERNAK
RECORDING SECRETARY