Meeting Minutes

Mexicolo Annual Meeting Minutes

June 16,2022

Members present: Fred Schultz – President

Susan Harvey – Secretary

Kevin Koernig – Treasurer

Karlan Hoggan – Property

Mary McNeill

Robin Snow

Glen Harvey

The Meeting was called to order by Fred Schultz at 7 pm MST

Minutes included with the meeting information from 2021 were approved by the membership present without discussion

Officers listed above, including Luke Underwood as Reservation Secretary were approved unanimously by the members present to serve another year in the same capacities.

Reservation Report:

As Luke was not present, Kevin gave an abbreviated general report. Unit usage was down 25% compared to pre-Covid, with E3 at 75% normal and Vida 25%.

Reservations are looking more normal so far for the next season. The report was approved.

Treasurer’s Report:

Kevin reviewed the Budget information attached to the meeting material, and will resend this report with the minute from today.

Money flow was pretty consistent from 2020 without unexpected expenses.

Dues will stay at $300 per share and daily rates at $15. Financially the organization is in decent shape.

Report was accepted unanimously

President’s Report:

Fred will distribute an updated Owner roster as there are a few contact and designated owner updates. The Hayward share will be transferred to new ownership due to the death of Dean this year. Official transfer paperwork will be exchanged.

Other Business:

Kevin indicated that Edward DeCroce would be using Vida and E3 for 10 days each this year – he has not used the properties for any years and has agreed to take professional photographs for the website in exchange for extra days. The board had approved this trade.

E3 Trust – Despite the best intentions, there has been ongoing obstruction to the transfer of ownership of the E3 trust from Dick Young. After the signed apostle to allow Lorena POA the paperwork was lost, so Kevin is restarting the process.

Property Updates: Susan proposed some updates for E3 – Painting main rooms and refinishing and painting the furniture. This was approved by membership present. She will contact Lorena to get the ball rolling with a bid.

Kevin will be moving forward on replacing blinds at Vida, and Karlan will have some doors refinished.

Beach Club: Kevin discussed his conversation with Karinna concerning just having 2 memberships to cover all owners. Her reviewed total days used by members, which turned out was only 80 days at peek usage, and 40 days average . At worst he offered to pay the daily fee of 75p/day. Will see what transpires this next season.

Glen started a discussion about thee Beach Club Cafe, what folks thought about Pascal and food there. He is on the Board of the Club currently.

Mary McNeill asked if folks could publish a current list of restaurants in Manzanillo, Kevin suggests an addition to the website.

The meeting was adjourned at 8:03 pm MST

Respectfully submitted,

Susan M Harvey, Secretary