Loading...
HomeMy WebLinkAbout0493 ~ 3. The election shall be by ballot (unless dispensed ~ ~ with by unanimous consent ) and b.y a plural ity of the vote s ~ - ~ _ cast, each person voting being entitled to cast his votes for each of as many nominees as there are vacancies to be filled. ~ There shall be no cumulative voting. ~ ~ 4. Except as to vacancies provided by removal of ~ directors by members, vac,~ncies in the Board of Directors occurring between annual meetings of inembers shall be filled by the remaining directors. . 5. Any director may be removed by concurrence of . ~ two-thirds of the votes of the entire membership at a special meeting of the members called for that purpose. The vacancy in the Board of Directors so created shall be filled by the members of the Association at the same meeting. 6. Provided, however, that until the Developer of the Condominium has completed all of the contemplated improvements and closed the sales of all of the dwelling units of the Con- dominium, or until three years from the date of the recording of f i the De claration of Condominium for the INLET HQUSE CONDC~nINIU1~5 ~ ; ~ APAR.TMENTS, INC. in the public records of St. Lucie County, Florida, or until Developer elects to terminate its contro2 of~ , the Condominium,whichever shall first occur, the first directors of the dssociation shall serve, and in the event of vacancies the remaining directors shall fill the vacancies, and if there ~ ectors the vacancie s shall be filled by the ; ~ 3 ~ Developer. ; ; C. The term of each director's service shall extend until ~ t ; the next annual meeting of the members and subsequently until ; his successor is duly elected and qualified or until he is ~ removed in the manner else where provided. D. The or~anizat ion meeting of a newly elected Board ~ of Directors shall be held within ten (10) days of their election at such place and at such time as shall be fixed by the directors at the meeting at which they were elected, and no further notice of the organization meeting shall be necessary. ~ ` ~o~C P~E ~ . - _ _ ~ _ 5 ~ ~ J - _ r.. x . ~.y: . - . . ~ - _ _ . i . ~ - ~ ~ • ~ S _ _.s"cE"'y