Summary of 2020 Annual Meeting

By Barbara Khan 

On September 23, Lakeport held its first ever Zoom Annual Meeting. This was allowed by a recently passed bylaw and was needed due to a state of emergency related to COVID-19. All Board members, our management company representative, and residents from 21 homes logged into Zoom to attend the meeting virtually. The following items were discussed, and the PowerPoint can be accessed at https://drive.google.com/file/d/1zXRtjcQzG-UjNdfSStj0NiDFFNzuiAPo/view. Official minutes of this meeting will be approved at the 2021 Annual Meeting.

1. Election of New Board Members. President Mary Sapp presented Paul Renard and Barbara Khan for two-year terms. No additional nominations were received from the floor, voting was done via a Zoom poll, and both candidates were elected.
2. Updates to Governance. In August owners voted on six Amendments to Bylaws and approved all of them. Earlier in the year the Reserve Study and the Lakeport Handbook were updated, a Code of Ethics as well as Rights and Responsibilities of owners and the Board were adopted, and the website was reorganized.
3. The 2021 project to repave roads and repair curbs and sidewalks was described, projected costs and funding were shared, and questions were answered. A motion was made to approve spending up to $156,000 in 2021 for repaving Lakeport roads and making any needed repairs to curbs, drains, and sidewalks; voting was done via Zoom poll; and the motion passed.
4. Financial Report. The 2019 Audit, conducted by Strauss & Associates, was clean. Projections for EOY 2020 and the 2021 Budget were presented, along with cost-saving steps that were implemented this year.
5. Owners were reminded that Lakeport was selected 2019 “Community Association of the Year” by the Washington Metropolitan Chapter of Community Associations Institute (CAI) in the “Small Community” category.
6. Board members reported on projects completed since the last Annual Meeting and that are currently in progress.
7. Barbara Khan reported on the status of the Lake Thoreau Pool reconstruction. 
8. Lakeport’s many volunteers were recognized. 
9. Open discussion topics included the probable delay in renovation of the pool. In addition, an informal poll on contracting for glass recycling was taken, and it was overwhelmingly supported.
10. The meeting was adjourned at 8:12 p.m.