EDGEWOOD TOWNEHOUSE ASSOCIATION

Special Membership Meeting
January 27, 2009

This special meeting of the Association was called to order at 7:00 p.m. by President Nick Musgrave. The purpose of the meeting was to vote on the proposed increase of Monthly Assessment from $201.76 to $240.00. A quorum was duly noted. Helen Liguori and Barbara Kensler publicly counted the votes and Gwen Acker, Association Secretary, recorded said votes.

Sixty-six votes, representing 66 households present in person or by proxy (30 in person and 36 by proxy) were cast. The resulting vote was 44 in favor of the increase and 22 opposed. Two-thirds of the votes cast are required for passage. The measure passes. The Assessment increase will begin with the March 1, 2009 payment.

At 7:40 p.m. the Special Meeting was adjourned and the Quarterly General Meeting commenced.
Respectfully submitted,

Gwen Acker
Secretary