Meeting Minutes - Mar. 19, 2003

Museum Parc Homeowners Association

Annual Meeting

Wednesday, March 19, 2003

Directors in Attendance: President Peter Hartman

Vice President Jim Bourgart

Secretary Neil Rains

Treasurer Ellen Kiyomizu

Others Present: Michael Alfaro of Titan Management Group (415) 777-5200

Not Present: Member at Large Len Almalech

I. CONFIRM QUORUM, INTRODUCTION & CALL TO ORDER

An annual meeting of the general membership of the Museum Parc Homeowners Association

was held on March 19, 2003. The meeting was called to order by President Peter Hartman at

7:30 P.M. at the Courtyard Marriott, Second Floor Rincon Hill Room, Second Street, & Folsom,

San Francisco, CA.

President Hartman asked introductions of the Board of Directors and Homeowners introduced

themselves. Michael Alfaro of MP Management announced that a quorum of homeowners were

either present or represented by proxy.

II. ANNUAL BUSINESS MEETING

A. Welcome

1. President Hartman welcomed all the owners in attendance and made opening

remarks. President Hartman introduced Michael Alfaro, General Manager.

B. Approval Annual Meeting minutes.

1. A motion was made, seconded and carried to approve the minutes from the 2002,

Annual Meeting.

C. Presentation of the Nominees

1. Peter Hartman introduced the nominees as follows: Peter Hartman, Neil Rains and

Len Almalech (incumbents) & John Krull. Each was given an opportunity to address

the membership.

D. Nominations from the floor

1. President Hartman called for nominations from the floor. There were no further

nominations.

E. Voting the ballot

1. The two issues to be voted were:

• Tax Avoidance Resolution/excess income #70-604

• Voting for three directors

Museum Parc Homeowners’ Association Annual Meeting

March 19, 2003 Minutes

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2. The ballots were collected and passed to the volunteer two Inspectors of Election,

along with the proxies received by mail to the on-site management office.

F. President’s Remarks

1. Peter Hartman gave an overview of the 2002-year’s accomplishments. He also

spoke about the 2003 plans. President Hartman encouraged owners to join

committees. He stated that the building requires more than just the board to get

things done.

G. Questions From the Floor

1. Questions were raised about the timing of the mailing of the ballots being two days

later than that stated in the governing documents. A motion was made and carried

to resend the ballots to owners with sufficient time per the governing documents.

Management agreed to re-ballot the owners and report the ballot results at the next

scheduled board meeting.

III. ADJOURNMENT

As there was no further business before the Association, a motion was made, seconded and

carried to adjourn the meeting at 8:05 P.M.

By:_________________________________________ Date:__________________

Board of Directors

Museum Parc Homeowners Association