Saturday, November 04, 2017

These 2000 pound rolls of aluminum have been delivered. They will be molded on site to provide the new roof. These rolls should be enough to finish the whole roofing project.
Right now our board is polling owners on whether or not they wish to hold an annual meeting. Of course, this is a non binding poll and it would be problematic to cancel the annual meeting. Our corporation is navigating uncharted waters right now.(pun intended) As a corporation, records must be kept of all actions taken. The annual meeting primarily must elect directors and adopt a budget. If directors serve beyond their elected terms, actions taken by them could be voided if challenged. With the construction activities presenting hazards that could result in litigation, I would encourage our board to call a meeting to be sure our records are in compliance with corporation requirements and are as accurate and up to date as possible.

0 Comments:

Post a Comment

<< Home