OCEAN PINES ASSOCIATION, INC.
BOARD OF DIRECTORS SPECIAL MEETING
Saturday, February 10, 2018
12:00 PM, Tern Grille, Country Club
Call to Order – Doug Parks, President
Pledge of Allegiance – all
Approval of Agenda – Board
President’s Remarks – Doug Parks
Motion – To authorize the General Manager to temporarily use Reserve Funds as needed to pay Operating Expenses not to exceed $1 million dollars until receipt of Fiscal Year 2019’s assessment payments in March.
Adjournment to Closed Session for Contractual Issues as permitted by the MD Homeowner’s Association Act, Section 11B-111 (4) a meeting of the Board of Directors or other governing body of the homeowners association or a committee of the homeowners association may be held in closed session only for the following purposes:
(vi) Consideration of the terms or conditions of a business transaction in the negotiation stage if the disclosure could adversely affect the economic interests of the homeowners association.