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Amendment to Section 3.05
Quorum and Adjourned Meeting, Amendment Passed June 29, 2005 |
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PDF file of the Amendment
(Information letter that was sent to homeowners). |
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The proposed change from 50% + 1 to 20%
of homeowners for a quorum was:
279 votes for the proposal, 30 votes against the proposal. |
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Purpose: |
In order to
insure that the Board of Directors of the Homeowners Association will be
able to conduct business at the Annual and Special Meetings, while
assuring that the input of a representative number of the homeowners would
be considered, it is deemed necessary to reduce the number of Owners
required to constitute a quorum |
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Proposal: |
That Article
III, Administration, Section 3.05 Quorum and Adjourned Meeting,
be amended to define a quorum as being 20% at a first meeting and 10% at a
second meeting if a quorum is not achieved at a first meeting. |
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Amendment: |
Section 3.05. Quorum and Adjourned Meeting. The presence at any meeting,
in person or by proxy, of the Owners entitled to vote at least a
majority twenty percent (20%) of the total votes shall
constitute a quorum. If any meeting cannot be held because a quorum is
not present, the Owners present, either in person or by proxy, may adjourn
the meeting at a time not less than forty-eight (48) hours nor more than
thirty (30) days from the time the original meeting was called, at which
meeting the quorum requirements shall be the Owners present either in
person or by proxy entitled to vote at least twenty-five percent (25%)
ten percent (10%) of the total votes. Except as otherwise provided
herein, any action may be taken at any meeting of the Owners upon the
affirmative vote of the Owners having a majority of the total votes
present at such meeting either in person or by proxy. |
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