BYLAWS:
(3) MEETING OF OWNERS:
There shall be an annual meeting of the owners on the second Saturday of July of each year, at 10:00 a.m. at such place as may be designated by the board of directors (herein sometimes called the "Board"), provided that notice of such place is delivered to the owners not less than ten (10) days nor more than sixty (60) days prior to the date fixed for said meeting.
A special meeting of the owners may be called at any reasonable time and place by the board or by the Owners having twenty percent (20%) of the total votes by causing written notice of such meeting to be delivered to all owners not less than fifteen (15) days nor more than sixty (60) days prior to the date fixed for said meeting.
All notices shall state the general nature of the business to be transacted at the meeting, and also reasonable place, date, and hour for such meeting.
The presence, in person or by agent, at any meeting of owners entitled to cast a majority of the total votes shall constitute a quorum.
Unless otherwise expressly provided herein, any action may be taken at any meeting of the owners upon the affirmative vote of owners having a majority of the total votes present or represented at such meeting.
If any meeting cannot be held because a quorum is not present, the owners present, either in person or by proxy, may, adjourn the metting to a time not less than twenty four (24) or more than thirty (30) days from the time the metting was originally called, at which meeting the quorum requirement shall be at least twenty-five percent (25%).
The Board shall cause an accounting of all receipts and disbursements to be made annually (fiscal year 7/1-6/30) and mailed to each owner, within 30 days of its completion.
(4) NOTICES:
Any notice permitted or required to be delivered as provided herein may be delivered either personally or by mail. If delivery is made by mail, such notice shall be deemed to have been delivered forty eight (48) hours after a copy thereof has been deposted in the United States Mail, postage prepaid, addressed to the owner at the address given by such owner to the board. Such address may be changed from time to time by notice in writing to the board.
(5) ELECTION AND PROCEEDINGS OF BOARD OF DIRECTORS:
Every owner entitled to a vote at any election of members of the baord my cumulate his votes and give one candidate a number of votes equal to the number of members of the board to be elected multiplied by the number of votes to which such owner is otherwisde entitled, or distribute his votes on the same principle among as many candidates as he thinks fit. The candidates receiving the highest of votes up to the number of members of the board to be elected shall be deemed elected.
Suggested Changes
Have two meetings per year.
This is not well defined.
This should probably go in another area and we can post it at the community center or at the maintenance office for viewing by the community
- Change 48 hours to 72 hours.
- Allow for service to be delivered electronically if the lot owner has email.
- Specify that postage should be First Class United States Mail, postage prepaid.
- Allow for address changes to be made via email to Seven Bays Estates Unlimited.
- Specify that specific notices of action AGAINST homeowners shall be delivered via certified mail, return receipt requested.
