BOARD OF DIRECTORS

Because the members are fully responsible for the Co-Op’s governance, The Towers encourages its Residents to get involved by serving on the Board of Directors, on an advisory committee or subcommittee.

The Board ensures that every Co-Op member has a voice in the operation and management of The Towers, and the committees serve to represent the residents needs. The Towers’ Committees are the lifeblood of the Co-Op, providing residents the opportunity to actively participate in activities essential to the continued existence of the Co-Op. The basic function of the committees is to assist the Board in fulfilling its management and oversight responsibilities. A brief overview of the Co-Op’s committees follows:

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◆ Activities Committee:

Monitors all Management activities related to Resident Services and activities requiring action by the Board.

◆ Admissions Committee:

Advises the Board on applicants to The Towers and recommends actions pertaining to their attaining and retaining resident status.

◆ Budget and Finance Committee:

Monitors Management's accounting and cost control practices, annual Budget preparation and review of all reserve funds.

◆ Facilities Committee:

Monitors and reviews all facilities and maintenance items concerning the exterior and interior of The Towers, including décor, furnishings, landscaping, and plantings.

◆ Food and Beverage Committee:

Monitors the activities and performance of Food Services.

◆ Communication and Information Management:

(New Committee) More information is coming soon.