Annual Meeting Update

The Blue Tree Resort at Lake Buena Vista Condominium Owners Association held their annual meeting on January 15, 2011. Owner directors John Sgarlata and James Bonds were present, and the developer director, David Siegel was absent. The Association received 1728.5 proxies, insufficient for a quorum. However, Mr. Siegel sent a deputized representative to present proxies for 1036 developer-owned intervals, which brought the total proxy count to 2764.5, satisfying the quorum requirement and enabling the Association to hold an official meeting for the first time in several years.

Following a presentation by SPM management on the status of the resort and plans for the coming year, the floor was opened to nominations for directors. Mr. Sgarlata and Mr. Bonds were nominated from the floor, and there being no other nominations for the two available seats, Mr. Sgarlata and Mr. Bonds were voted by acclimation to continue in their positions as directors. Following a question and answer discussion among the attendees and the board, the meeting was adjourned.

Download a PDF of the Annual Meeting Presentation or in the viewer below.

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