BYLAWS - ARTICLE III - MEETINGS OF MEMBERSHIP

1. Place. All meetings of Members shall be held at such place and time as may be designated in the notice of the meeting, to be determined by the Board of Directors of the Association (the "Board" or the "Board of Directors")

2. Annual Meeting. Annual meetings of the Members shall be held at a time and on a day in the month of September of each year, to be determined by the Board. The first annual meeting of the Members shall take place in the month of September after the completion of the turnover by the Declarant of the management of the Subdivision, as provided in the Declaration. At the first annual meeting of the Members, the voting Members shall elect the new members of the Board of Directors and transact such other business as may properly come before the meeting.

3. Special Meetings. Prior to the termination of the Class B Control Period, special meetings of the Members may be called at any time by the Board. After the termination of the Class B Control Period, special meetings of the Members may be called at any time by the President of the Association, or by the Board, or at the written request of the voting Members entitled to vote one-third (1/3) of all of the votes of the Association. Business transacted at all special meetings shall be confined to the objects stated in the notice of the meeting.

4. Notice of Meetings. Written notice of each meeting and special meeting of the Members shall be served upon or mailed to each Member entitled to vote thereat, at such address as appears on the books of the Association, at least ten (10) days but no more than fifty (50) days before the meeting. The notice shall specify the place, day, time and purpose of the meeting. Waiver in writing of the notice required herein, signed by the Member before, at, or after such a meeting, shall be equivalent to the giving of such a notice. Each Member shall notify the Secretary of the Association of any address change, and the giving of notice shall be in all respects sufficient if sent to the address of the Member which is then on file with the Secretary.

5. Membership List. At least ten (10) days before every election of Directors, a complete list of Members entitled to vote at the Election, showing the Lot owned by the Member and the residence address of each, shall be prepared by the Secretary. Such list shall be open to examination by any Member throughout the ten (10) day period preceding the election, until the election is completed.

6. Voting Rights. The vote for each membership in the Associaion shall be cast as provided by the Decaration. The voting rights attributable to a membership in the Association may not be exercised unless all assessments, and any interest, fees and costs associated therewith, which are attributable to the Lot giving rise to the membership are completely paid and up to date as of the date which is ten (10) days prior to the date of the meeting. If more than one person or one or more legal entity owns a lot, the Owners shall file a certificate with the Secretary naming the person authorized to cast the vote for the Lot (the "Voting Member"). If no certificate is filed, the co-owners must designte at the time of the meeting, the Voting Member authorized to cast such a vote. The Voting Members shall cast the votes of the Members, as provided herein and in the Decaration.

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