AMERICAN TOWERS OWNERS ASSOCIATION

Minutes of the Meeting of the Members

Saturday, August 10, 2013

10:00 A.M.

Bret Marshall, President called the meeting to order.

Residential Trustees present and participating: Brett Marshall, Ted Roper, Paul Carpenter. Steve Campbell was excused.

The Commercial Trustees were excused. The commercial owner was present by proxy as his ballot had been received prior to the meeting.

Quorum Requirement: It was determined that over 500 votes had been cast and therefore a Quorum was established.

Presentation of Candidates: The candidates for Trustee were given time for a short presentation.

Counting of Ballots: Voting was declared closed and ballots were collected for the final count.

Election Results: The following election results were announced:

Paul Carpenter 311.79
Josh McKay 157.04
Abstain 21.00
Chris Mathews (Commercial Trustee)   88.96

Paul Carpenter was declared elected as Residential Trustee and and Chris Mathews was declared elected as a Commercial Trustee.

Open Forum: Many issues relating to replacing carpeting and wallcoverings in the hallways, earthquake insurance and the annual budget were discussed.

Adjournment: The meeting adjourned at 11:30 a.m.