Annual + Special Meeting

NOTICE OF ANNUAL MEETING OF THE MEMBERS AND

SPECIAL MEETING OF THE BOARD OF DIRECTORS

NOTICE IS HEREBY GIVEN in accordance with the Blue Lagoon Condominium Association, Inc.’s (“Association”) By-Laws and Florida Statutes, that an Annual Meeting of the Members followed by a Special Meeting of the Board of Directors will be held on Thursday, November 6, 2025, at 7:00 pm, at 5077 NW 7^th Street, 4th Floor, Clubhouse, Miami, FL 33126, and by Zoom Video Conferencing[1] using the following information:

Join Zoom Meeting: https://us02web.zoom.us/j/81637816490

Dial-In Number: (305) 224-1968

Meeting ID:   816 3781 6490

AGENDA FOR ANNUAL MEETING OF THE MEMBERS

1. Call to order and Appointment of Chairperson
2. Determination of Quorum
3. Proof of Notice of the Annual Meeting
4. Approval of Prior Meeting Minutes
5. Unfinished Business
6. New Business
7. Adjournment

AGENDA FOR SPECIAL MEETING OF THE BOARD OF DIRECTORS

1. Call to order and Appointment of Chairperson
2. Determination of Quorum
3. Approval of Prior Meeting Minutes
4. Discussion and Vote to Levy Fines for Violations
5. Discussion and Vote to Change the Accounting Method for Reserves to the Pooling Method from the Straight-Line Accounting Method
6. Discussion of 2026 Annual Budget[2] and Recent Legal Updates Affecting the Budget
7. Disclosure of Interested Director Transaction(s)
8. Adjournment

THE BOARD OF DIRECTORS

BLUE LAGOON CONDOMINIUM ASSOCIATION, INC.

DATED: October 22, 2025

[1] Zoom Instructions: Members/Unit Owners attending meetings must write as their Zoom Name: Their First and Last Name, and their building and unit number (Ex: John Smith 4-1713) to identify themselves; otherwise, you won’t be accepted at the meeting.  The camera must be on, and all will be placed on Mute until the floor is opened for Unit Owner questions and comments on Agenda items

[2] NOTE: the Board of Directors is not voting to approve the 2026 Annual Budget.  A separate meeting shall be noticed to approve the Budget.