HomeMy WebLinkAbout1889 Association, exceptinq that the first Board of Directors shall
consist of three (3) directors who need not be members of the
Association, and thereafter the membership of the 8oard shall
consist of not less than five (S) directors. The Board of
Directors may from time to time increase or decrease the _
nwaber of persons to serve on the 8oard, provided, however,
that the Board shall consist of an odd number of inembers, and
provided, further, that follawing the term of office of the
first Board of Directors, the Board shall never consist of ~
less than five (5) members. Any inc=ease or decrease in the
~ number of inembers on the Board shall be effectuated at least
thirty (30) days prior to a regular annual election of the .
Board, and such change in number shall be effective as of the
date of the next regular election.
3.2 Election of Directors shall be conducted in th~
follawing manner: ~
. (a) Election of Director~ shall be held at ~
- the annual members' meeting, subject to the prov-
isions of sub-paraqraph 3.2 (f) hereof.
(b) The Board of Directors may, at its discretion,
desiqnate a nominatinq conunittee of not less than three
(3) nor more than five (5) members. In the event the
Board shall elect to designate such a committee, the
com~nittee shall be desiqnated not less than thirty (30)
days prior to the annual election meeting, and shall
be charged with the duty of nominatinq one person for
each director to be elected, provided, hawever, addi-
tional nominations. shall be received from the floor
prior to elections at the annual election meeting.
(c) The election shall be by ballot (unless ~
dispensed with by unanimous consent) and by a plural
ity of the votes cast, each person voting being en- ,
titled to cast his votes for each of as many nominees
as there are vacancies to be filled. There shall be
no cumulative votinq.
(d) Except as to vacancies created by =emoval .
of directors by members, vacancies in the Board of
I Directors occurring between annual meetinqs of inembers
! shall be filled by the remaining directors.
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E (e) 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 pur-
pose. The vacancy in the Board of Directors so created
shall be filled by the members of the Association at
the same meeting. -
(f) Provided, however, that until the Developer
has closed the sales of all of the condo~ainium units,
or until the Developer elects to terminate its control
of the Association, or until the first annual members' -
meeting takinq place after the Declaration of Condominium
has been recorded for One (1) full year, whichever occurs
first, tlie first Directors of the Associ~tion shall serve,
~ and in the event of vacancies, the remaining directors
~ . shall fill the vacanciss, and if there are no remaining
directors, the vacancies shall be filled by the Developer.
3.3 The term of each director's service, subject to the
provisions o 3. ) above, shall extend until the next annual
meetinq of the members and subsequently until his successor is
duly elected and qualified or until he is removed in the manner
elsewhere provided.
3.4 The organization meeting of a newly-elected Board of
SoaK188 ~1886
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LAW OFFICEI OF dOLDiTE1N. FRANKLIN, CHONIN t iCNRANK, P. A., 2020 NORTH~JIAT fd~~o lTRiR. NORTH MIAMt ~fJ?CH. Fl.ORIDA »I~!
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