We need volunteers for the 2010 Board of Directors.

Florida's 718 now requires that condominium associations vote on a new Board of Directors every year. During the 4th Quarter of 2009, Condominium Associates will send out letters asking for volunteers for the 2010 Board of Directors. The new 2010 Board will assume control after the Jan. 2010, General Membership Meeting.

In 2009, no one volunteered to serve on the Board and the members of the 2008 Board agreed to continue for 2009. This will not happen again. At least three and possibly all the of the 2009 Board will resign, and will not agree to serve an additional year regardless of the circumstances. We need at least five members to step up and volunteer for the 2010 Board. We would especially encourage our new owners to volunteer and help run their new home.

Thanks to technology, most of Island Tower's business is conducted with computers through the Internet by email. This allows the Board Directors to take care of business from anywhere in the country. It is not necessary to be a full time resident to be on the Board.

We believe that by 2010, all the big foreseeable projects will have been completed, and Condominium Associates will be in full operational & financial control. They will provide the 2010 Board, and all future Boards, with the continuity needed to run Island Towers. The Board would provide guidance, advise, and consent to CA, who will do all the work.

One final point to consider. If no one volunteers for the Board, the state of Florida has to take over and they will most likely do the following:
1. Appoint a manager, usually a lawyer at around $300/hour.
2. Fully fund the reserves. This will increase the monthly maintenance fee 2-3 times the current level.

We hope that members will give serious consideration to volunteering for the 2010 Board.