Loading...
HomeMy WebLinkAbout0688 . ~ . ~ ever shall first occur. The revel~per shall be entitled to elect not less than one member of-the Loard of Administra.tion of the Association as long as the L~eveloper hold #or sale in the ordinary course of business any pa,rcels or unit weeks therein in a co~domiuium opera.ted by the Associa.tion. All Cfficers of a Corporate unit owner shall be deemed to be members ~f the Association so as to qualify as an+Administrator herein. The term of each Administrator's service shall extend until the next annual meetin g of the = members and thereafter until his successor is duly elected and qualified, er until he is removed in the manner provided in Section 4 below. Section 2. V~1ithin sixty (EO) days after unit owners other taan the reveloper are entitled to eIect a member or members of the Loard of Administration of the Association, the Association, shall ~a,ll and give not Iess . than thirty (30) days' notice nor more than forty (40) days' noEice of a meeting of the unit owners for this purpose. Such meeting may be c311ed and the notice given by any unit owner if the Association fail~ to d~ so, Section 3. First Loard of Administration. (a) The first L~ard of Administration of the Association who shall ~ hold office and serve until the first annual meeting of the members, and until their successors have been elected and qualified, shall ~onsist of the follow- ing persons: ~ ~ Haze n Kreis ~ ~ Robert Fpperson Raymond L:oveday, Jr. . (b) Th~e ~ rga.nizati~nal meeting of 3ny newly elected Poard ~f Administration of the Associa.tion yhall be held within ten (10) da.ys of their election, at such place and tune as shall be fixed by the Administra.t~rs at the meeting at which they were elected, ar.d no further notice of the organi- zational meeting shall be necessary, except a notice shall be posted as re- quired in A rticle III, Section 2, providAd ~ quorum shall be present. Section 4. Removal of Administrators. At any tune after. the first annua.l meeting of the membership at any duly convened ~regular or special rrieeting, any one or more of the Administra.tor~ may be removed, with or w~thout cause, by the affirmative t~ote of the voting members casting not less than ninety (90~0) percent of the total votes present at said meeting, ; and a successor may then and there be elected to fill the vaa.ncy thus } created. Should the membership fa.il to elect said successor, the L~aard of ' Administra.tion may fill the vacan~y in the manner provided in Se~tion 5 - below. ~ cection 5. Va~ancies on Eoard of Administration. If the office of any Administrator or Administrators becomes vacant by reas~n of dea.th, resigna.tion, retirement, disqualification, removal from office or- otherwise, a majority of the remaininq Administrators though less than a quorum, shall chose a successor or succes~ors, who shall hold office f~r the ba.lahce of the unexpired term in respect to which su~h va:an~y occurred. ?hP election ~ held for the purpose of filling said vacancy ma~ be held at any regular or F special meeting ~f the Poard of Administration. ! ~ ~ E'ach member of the Poard of Administra.tion ~hall be ~epa.r3tely ~ elected and shall require a majority ~f 51~0 of the votes ~f the v~ting mem bers ; attending such meetings to be ele~ted. In addition, unless otherwise defined ; in these Ey-Laws, or otherwise required in the L`eclaration or Exhibits, any f w. R. sco~rr' other business properly brought and any other matter or motion br~ught ~ "~°""`~"T`"'" before the meetin for vote sha.ll re uire a vote ~f fift one (51) ,~o~o~~,?~~~w~~ g q Y- percent of the voting members attending for passage. cTU~wr. "iwmoA aa~~s ~ t ~II-5 ~ _ . _ . , _ ~ ~ - ~ - - _ _ - - .