MVF Board Motions

Montgomery Village Foundation Board of Directors
Motion List
October 24, 2024

1. Mr. Flatow moved to approve the minutes of the Regular Meeting held on September 26, 2024 as written. The motion was seconded and passed unanimously.
2. Mr. Anderson moved to accept the Action List as presented. The motion was seconded and passed unanimously.
   
   
3. Mr. Flatow moved to approve the 2025 budget as proposed and approve the MVF Fund assessment rate to increase to $21.87 per unit per month, the Designated User Fund assessment rate increase to $45.77 per unit per month, the Poplar Spring assessment rate to remain at $11.76 per unit per month and the Condominiums Service Fee to remain at $22 per unit per month. The motion was seconded and passed unanimously.
   
   
4. Mr. Dyer moved to approve the annual assessment rates for Homes Corporations for calendar year 2025 be established, per private dwelling unit, as $262.44 for the MVF Fund, and $549.24 for Designated Users, according to the approved 2025 MVF Budget and that said assessment shall be paid and collected in accordance with the terms of the Collection Policy of Montgomery Village Foundation for Homes Corporations, as adopted by the MVF Board of Directors. The motion was seconded and passed unanimously.
   
   
5. Mr. Flatow moved to approve the annual MVF assessment rate for condominiums for calendar year 2025 be established, per private dwelling unit, as $262.44 according to the approved 2025 MVF Budget and that said assessment shall be paid and collected in accordance with the terms of the MVF Collection Policy for Condominium Associations and Multi-Family Properties, as adopted by the MVF Board of Directors. The motion was seconded and passed unanimously.
   
   
6. Mr. Rabil moved to approve the annual MVF assessment rate for apartments for calendar year 2025 be established, per private dwelling unit, as $131.28 according to the approved 2025 MVF Budget and that said assessment shall be paid and collected in accordance with the terms of the MVF Collection Policy for Condominium Associations and Multi-Family Properties, as adopted by the MVF Board of Directors. The motion was seconded and passed unanimously.
   
   
7. Mr. Flatow moved to approve the annual assessment rates for the Poplar Spring subdivision for calendar year 2025 be established, per private dwelling unit, as $262.44 for the MVF Fund, $549.24 for Designated Users, and $141.12 for Poplar Spring according to the approved 2025 MVF Budget and that said assessment shall be paid and collected in accordance with the terms of the Collection Policy of Montgomery Village Foundation for Homes Corporations managed by MVF, as adopted by the MVF Board of Directors. The motion was seconded and passed unanimously.
   
   
8. Mr. Anderson moved to approve the annual Service Fee for Condominium units at Montgomery Village Center for calendar year 2025 be established, per private dwelling unit, as $264.00 according to the approved 2025 MVF Budget and that said service fee shall be paid and collected in accordance with the terms of the MVF Collection Policy for Residents in Communities with an Annual Service Fee Agreement, as adopted by the MVF Board of Directors. The motion was seconded and passed unanimously.
   
   
9. Mr. Flatow moved to approve the annual Service Fee for Townhome units at Montgomery Village Center for calendar year 2025 be established, per private dwelling unit, as $792.00 according to the approved 2025 MVF Budget and that said service fee shall be paid and collected in accordance with the terms of the MVF Collection Policy for Residents in Communities with an Annual Service Fee Agreement, as adopted by the MVF Board of Directors. The motion was seconded and passed unanimously.
   
   
10. Mr. Anderson moved to approve the recommended changes to the Collection Policy to remove mention of PaySafe cash as a payment option. The motion was seconded and passed unanimously.
    
    
11. Mr. Guiragossian moved to accept the 2023 401(k) Agreed-Upon Procedures Report. The motion was seconded and passed unanimously.
    
    
12. Mr. Flatow moved to authorize the EVP to purchase a new postage machine: iX7DS – Mail Machine from Quadient at a cost of $17,945.40, and the funds to come from Reserves. The motion was seconded and passed unanimously.
    
    
13. Mr. Guiragossian moved to authorize proceeding with the concept of adding a bocce court at both Lake Whetstone Park and William Hurley Park. The motion was seconded and passed unanimously.
    
    
14. Mr. Anderson moved to authorize proceeding with purchasing and installing a pilot nonpermanent multi-golf course at the Apple Ridge Recreation Area and the MVF Office Park. The motion was seconded and passed unanimously.
    
    
15. Mr. Flatow moved to approve the new Community Center Use Policy for Private Use of MVF Facilities to replace the Procedures for Private Use of MVF Facilities. The motion was seconded and passed unanimously.
    
    
16. Mr. Guiragossian moved to approve the Community Center Use Policy for Organizational Use of MVF Facilities to replace the Montgomery Village Community Center Use Policy. The motion was seconded and passed unanimously.
    
    
17. Mr. Flatow moved to award the bid for the storm drain outfall repair to Busy Ditch, Inc. for a total of $67,650, plus an additional 10% for unforeseen expenses. The motion was seconded and passed unanimously.
    
    
18. Mr. Rabil moved to accept the committee reports as presented. The motion was seconded and passed unanimously.
    
    
19. Mr. Flatow moved to Vote on Closed Session – Pursuant to Section 11B Real Property of the Annotated Code of Maryland (Maryland Homeowners Association Act) to – (viii) Discussion of individual owner assessment accounts. The motion was seconded and passed unanimously.
    
    
20. Mr. Dyer moved to adjourn the Regular Meeting at 8:51 p.m. The motion was seconded and passed unanimously.