FOUR WINDS BEACH RESORT CONDOMINIUM ASSOCIATION, INC

                                           ANNUAL MEETING OF THE MEMBERSHIP 

                                                                    NOVEMBER 5, 2025

The annual membership meeting for Four Winds Beach Resort Condominium Association, Inc. was held on November 5, 2025 at 10 AM EST in the community room at the Resort.  Present were President Robert Lee, Treasurer Scott Erickson and Directors John Tanner and Bobbie Erickson and Resort Manager , Kathleen Rhodes. Present via Zoom video where Vice President Kenny Malchus, Secretary Chuck Govin, and Director John Vigliotti. Also present were owners Mark Miller, David Poletti, Ron Whitley, Justin Hooks and Kathy Greger.

President Robert Lee call the meeting to order at 10 AM EST. The quorum for the meeting was met by 808 proxies representing 35.2% of unit weeks.

APPROVAL OF MINUTES:

The Board members were asked to review the minutes of the Annual Meeting held on November 6, 2024. John Vigliotti moved to approve the minutes, Chuck Govin seconded and the minutes were approved unanimously.

NOMINATIONS:

There were four owner position open on the Board. There were no nominations from the floor. Kathleen Rhodes reported the results from the owner‘s ballots returned via mail and email. Total proxies were 808. Scott Erickson earned 761, Chuck Govin 707, Robert Lee 704, John Vigliotti 596 and Ann Verano 224.  The four incumbent were reelected.

TREASURER REPORT:

Treasure Scott Erickson reviewed the treasurers report. The report showed an operating balance of $543,197 and a reserve balance of $2,143,789.90. John Tanner moved to accept the treasurer report, Bobbie Erickson seconded and the motion was 

passed unanimously.  Kathleen Rhodes identified to the Board several large ticket items on the horizon. The fire alarm system needs to be upgraded, tennis courts need to be repaired and pickleball courts will be created and maintenance and upgrade for the elevator needs to be done.  Kathleen also reported that during the elevator maintenance and upgrade which could take approximately three weeks that the elevator will be out of service. She is looking into how to help the owners navigate the Resort without the use of the elevator.

NEW BUSINESS:

Dave Poletti had questions regarding the SIRS Report and the need for it. President Robert Lee stated that the state of Florida now requires these reports to be done. Robert Lee also stated that any new doors would be upgraded to meet the new state requirements.  Kathleen Greger praised Kathleen and the Board and the staff for all of the recovery efforts made necessary from the hurricanes. Robert Lee gave Kathleen a card from the owners showing their appreciation.

ADJOURNMENT:

Secretary Govin moved to adjourn the meeting at 10:30 AM EST. Owner Mark Miller second  the motion and the meeting was adjourned.

Respectfully submitted by:

Chuck Govin, Secretary