Dear Island Place Owners,
We hope this message finds you well!
The Board has been listening closely to your suggestions and ideas about how we can continue growing and improving our community. After thoughtful discussion, the majority of Board Members are proposing a few important updates that reflect those ideas — aiming to increase transparency, encourage participation, and better position us for the future.
We’re excited to present three key items for your vote:
- Expanding the Board
We’re proposing to increase the number of Board Members from three (3) to five (5). This change would allow for broader representation and more voices at the table. - Extending Board Member Terms
To provide greater continuity and stability, we’re suggesting extending Board terms from one (1) year to two (2) years. - Loan Proposal for 60-Year Recertification Project
To help finance this major project, the Association is considering a loan from Belmont Bank. As required by our governing documents, a majority of owners must vote in favor for the loan to move forward.
Please take a moment to review these items and make your voice heard! You can cast your vote either online or using the ballots we’ve sent by mail.
Thank you in advance for participating — your input is truly important as we continue building a strong, vibrant future together.
Warm regards,
Guillermo Parra, LCAM.
Island Place at North Bay Village
Condominium Association.