Palm Valley Phase 8
South Parcel Homeowners Association
Board of Directors - Officer Roles

President

  • CEO of the HOA.
  • Preside at all meetings of the Board Members.
  • General and active management of the business of the HOA.
  • Official spokesperson for the Board to HOA members and Management Company.

Vice President

  • Act in the place and stead of the President in the event of his or her absence.
  • Perform such other duties as required by the Board.

Secretary

  • Oversee the Management Company’s performance in areas such as the following:
    • Record the votes and keep the minutes of all meetings and proceedings.
    • Serve notice of meetings of the Board and of the Members.
    • Keep appropriate current records showing the Members of the HOA.
    • Store and retrieve HOA documents as needed.
    • Filing certain forms with state (government) agencies.
    • Route correspondence to HOA representatives – Management company, Board members, Committee chairs, etc.
    • Perform such other duties as required by the Board.

Treasurer

  • Oversee the Management Company’s performance in areas such as the following:
    • Report at HOA meetings on the state of the HOA’s finances – Balance sheet, income, expenses, etc.
    • Work with a qualified CPA to prepare an annual audit, compilation or review and other financial matters, as appropriate.
    • Receive and deposit in bank(s) all monies of the HOA.
    • Disburse funds for appropriate HOA purposes.
    • Keep proper books of account.
    • Prepare an annual budget (income and expenditures).
    • Perform such other duties as required by the Board.

Member-At-Large

  • Perform such other duties as required by the Board.

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