Board can set up fund for miscellaneous purchases (IL)

/ Owner - October 16, 2021

Q: My condo board has a question for your column. With meetings every other month, my board recently experienced a conundrum. We diligently work toward taking all actions in open board meetings. We approved a purchase for our workout room. Pricing increased following the meeting, and the amount approved by the board was less than the actual cost  Read the Q&A……………………………….

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