Due to the COVID-19 Pandemic and recommendations from public health and government officials, Lochmere Association conducted its business by mail in ballot, specifically authorized under the NC Nonprofit Corporation Act and encouraged by Executive Order of North Carolina’s Governor.
The 2020 Annual Meeting of the Lochmere Homeowners’ Association was officially held on October 20, 2020 at 5:00 PM (the date and time the ballots were due). 367 mail-in ballots were received. The quorum was achieved. The 2019 minutes and the IRS RULING 70-064 (Surplus Funds Allocation) were approved.
An informational meeting for all Lochmere residents was held virtually on Tuesday, October 28, 2020, at 7:30 PM. Hope Carmichael of Jordan Price Law Offices served as the Moderator.
The meeting was attended by 72 residents plus the Board and Committee representatives.
Board President, William Jansen, made opening remarks and announced the Board election results. William announced that the ballots had been counted and that Cecelia Davidson and Chris Johnson received the most votes and would both be serving on the Board of Directors for 3 years with their terms expiring in 2023. William expressed his appreciation to Marc LeBlanc who is ending his term of office on the Board of Directors.
Board Treasurer, Sharon Lee, presented the Financial Report and the 2020-2021 Operating Budget. The 2021 assessments will increase by $6 per lot to $623 for the year.
After Sharon’s reports, each Committee representative presented their respective committee reports which included their accomplishments in 2020 and their goals for 2021.
At the conclusion of the Committee reports, the Board and committee representatives answered general questions from the membership that were typed into the virtual meeting platform.
To view last night’s Power Point presentation and the 2020-2021 Operating Budget, please see the attachments below.
Remember that you must be logged in as a Resident to access the documents.