General Meeting


Event Details

  • Date:

Notice of General Meeting

Mon., Feb. 1, 2016 @ 7:30 pm
Thibodeau Residence

7722 Savannah Dr.
Bethesda, Maryland 20817

To All Seven Locks Equity Members:

In accordance with the By-laws, the Board hereby invites you to a general meeting of all Equity Members which will take place on Monday, February 1, 2016 at 7:30 pm at the Thibodeau Residence, 7722 Savannah Drive, Bethesda, MD 20817.

The agenda for the general meeting will be as follows:

I. Proposal and approval of annual operating budget of the Association for 2016.
Subject to the approval by the majority of the Equity Members in attendance at the General Meeting of the previous agenda item, the Board will submit the 2016 annual operating budget for approval by the majority of the Equity Members in attendance at the General Meeting.

II. Annual dues and membership fee structure.
Subject to the approval by the majority of the Equity Members in attendance at the General Meeting of the first agenda item, and the approval by the majority of the Equity Members in attendance at the General Meeting of the 2016 annual operating budget, the Board proposes the following annual dues and membership fee structure:

Returning equity (bonded) member:

* Family: $700 annual dues
* Couple: $600 annual dues
* Individual: $475 annual dues
* $75 Senior discount (65+)

III. Other Business
In accordance with the By-Laws, the Equity Members in attendance at the Annual Meeting may transact such other business as may properly be brought before the meeting.