ANNUAL MEETING UPDATE:
You should have received you Annual Meeting Notice and Ballot in the mail. If not, please contact Rosemary in the office for a copy 784-3054. Unfortunately, we received only 1 candidate for the 2008 Board of Directors.
That means at our next regularly scheduled meeting (Nov 19th @ 7p) we will convene with only 5 Board members, THE MINIMUM NEEDED TO CONDUCT THE BUSINESS OF WESTLAKE VILLAGE. Should we fall short at any time during the year, the following Florida Statute will apply:
FS 720.305 (4) reads as follows:
If an association fails to fill vacancies on the board of directors sufficient to constitute a quorum in accordance with the bylaws, any member may apply to the circuit court that has jurisdiction over the community served by the association for the appointment of a receiver to manage the affairs of the association. At least 30 days before applying to the circuit court, the member shall mail to the association, by certified or registered mail, and post, in a conspicuous place on the property of the community served by the association, a notice describing the intended action, giving the association 30 days to fill the vacancies. If during such time the association fails to fill a sufficient number of vacancies so that a quorum can be assembled, the member may proceed with the petition. If a receiver is appointed, the homeowners' association shall be responsible for the salary of the receiver, court costs, attorney's fees, and all other expenses of the receivership. The receiver has all the powers and duties of a duly constituted board of directors and shall serve until the association fills a sufficient number of vacancies on the board so that a quorum can be assembled.
NOMINATIONS WILL BE TAKEN FROM THE FLOOR DURING THE ANNUAL MEETING.
Sunday, October 28, 2007
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