OCTOBER 15, 2015
Roll Call -The roll call showed the following Board Members present: Eileen Bendis, Eric Berkowitz, Fern McBride, Steven Faigin.
Board Members on conference call: Abe Ben Aviv, Richard Robins
Board Members absent: Gene Sicoli
Approval of Minutes -Minutes of the September 8, 2015 were distributed and posted in advance. A motion was made by Steven Faigin to accept the minutes as written.
The motion was seconded and passed by general consent.
Approval of Line of Credit -It is necessary to clarify a few items regarding the $600,000. line of credit we have established with Valley National Bank:
A motion to renew the $600,000 line of credit from Valley National was made by Eric Berkowitz. The motion was seconded and passed by unanimous general consent by the Board Members present. Board Member Gene Sicoli was absent from the meeting.
*Association financial records are available in the Regency Tower office to all association members via official request. - editor*
Adjournment -No further business. Meeting adjourned at 10:06 a.m.