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Amended Notice of the 35th Annual Shareholders Meeting-March 24, 2020

3/19/2020

 

​March 18, 2020
​

AMENDED NOTICE OF THE
THIRTY-FIFTH ANNUAL SHAREHOLDERS MEETING
 
This Amended Notice of the River Place South Housing Corporation’ Annual Shareholders Meeting is intended to provide updated information on how the Corporation will conduct its 2020 Annual Meeting given the threat of the Coronavirus and the recommendations provided to the general public in regards to the holding of social gatherings.  This Amended Notice also corrects a typo included in the original meeting notice. 
 
The Corporation’s Thirty-Fifth Annual Meeting of the River Place South Housing Corporation will be held on Tuesday, March 24, 2020 at 6:30 p.m. in the River Place South Party Room.  In order to minimize the number of individuals in the building party room, the Board is requiring members to attend the annual meeting remotely by utilizing the conference call number below.
 
Conference Call #: 1-503-300-6833
Conference Code: 409529
Host Code: 7216
 
In order to assure that quorum is established and action may be taken at the meeting, the Board encourages all shareholders to hand deliver proxy forms to the River Place South Management Office by 5:00 P.M. on Tuesday March 24, 2020 (the date of the Annual Meeting).  Otherwise, shareholders should mail their proxy forms to:
 
The League of Women Voters of Arlington
Attention:  River Place South
Post Office Box 100577
Arlington, Virginia  22210
 
In addition to the election of Board Members (blue proxy form), the Shareholders are voting this year to approve the refinance of an existing loan by authorizing the Board to borrow $1,950,000.00 which is to be secured by the (70) housing units owned by the River Place South Housing Corporation[i] (green proxy form).  If the refinancing approval is not obtained, payment on the existing loan balance will be due within sixty (60) days.  Approval of two-thirds (2/3) of the Shareholders present, in person or by proxy, at the April 2020 annual meeting is required in order to secure the refinance loan. 


[i] The original 2020 Annual Meeting Notice stated that the proposed loan would also be secured by parking spaces as well as the 70 Units.  No parking spaces will be utilized to secure the loan.  



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Email

office@riverplacesouth.com

Telephone

Tel. 703-528-3555
Fax. 703-522-7098

Address

River Place South Housing Corporation
1011 Arlington Blvd. Suite 350
Arlington, VA 22209
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