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2024/2025 General Election
December 12, 2024
PLEASE Note:

Section 9. The Board of Directors shall have the general control and management of the affairs of the Corporation. Expenditures by the Board of Directors shall be within the overall limits of the budget.  Any additional expenditure for alterations or improvements, not included in the approved budget, shall not exceed $5,000.00 unless approved by a vote of the majority of the members voting by ballot, except in emergency situations necessitating immediate action. Any loan or mortgage above the amount of $5,000.00 will require approval of the Board and approval of a majority of the members who participate in the voting, in person or by written ballot, at a special meeting held for this purpose.

 

Section 2.  All voting shall be by majority vote of these persons casting a vote, unless otherwise specified.  At all ballot voting of the membership, the owners of each lot shall be entitled to one vote, with such vote to be cast by one or more of the owners in such manner as the owners may determine.

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