Notice of Budget Meeting – Wed., Dec. 16, 2020

NOTICE OF BUDGET MEETING OF THE BOARD OF DIRECTORS OF ROYAL PARK CONDOMINIUM APARTMENTS, INC.
TO ALL MEMBERS:

On December 16, 2020, at 7:00 pm, in the Royal Park Condominium Apartments Clubhouse, at 122 Royal Park Drive, Oakland Park, Florida, a Budget Meeting will be held for the purpose of considering and voting on the proposed annual Budget for Royal Park Condominium Apartments, Inc. for the year 2021, and such other business as may lawfully be conducted. Attached is a copy of the proposed 2021 Budget, with the proposed reserves schedules with full funding and an alternative Budget with proposed reserve schedules with partial funding. The Board will approve a Budget, but whether there will be full or partial funding of reserves will depend upon whether the unit owners vote in favor of waiving partial funding of reserves at a Special Meeting of the Members, which will occur immediately following this Budget Meeting.

AGENDA:
1. Certifying Quorum – Call to order.
2. Proof of Notice of Meeting.
3. Reading and disposal of unapproved minutes.
4. Consideration and approval of 2021 Budget.
6. Adjournment.

Dated: December 2, 2020

BY ORDER OF THE BOARD OF DIRECTORS