Our
annual meeting is scheduled for Saturday, May 17th at 3:00 p.m. Among other items of business, we
will need to discuss the amount of our annual dues and/or a special assessment
to finance our current expenses. Those who would like to have their vote counted
on the matter will need to have all dues paid and be in attendance at the
meeting or send a representative. If you have questions, please contact a board
member.
The
current procedure as outlined in our By-Laws is as follows:
The presence, in person or by
proxy, of members who are entitled to cast sixty percent (60%) of the votes of
each class of membership shall constitute a quorum at any meeting called to
increase the maximum annual assessments or to make certain special assessments
as required by the Declaration; provided, however, if a quorum for such a
meeting is not present and if another meeting is called, on at least thirty
(30) days advance written notice and is held within sixty (60) days of the
first meeting, then the required quorum at such subsequent meeting shall be
one-half the required quorum at the preceding meeting.
If a quorum is present… It shall
require the affirmative vote of sixty-seven percent (67%) of the votes of each
class of Members present at any meeting to increase the maximum annual
assessment or to increase certain assessments required by the Declaration.
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