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BrianK1 (Colorado)
Posts: 54
Posted:
The CC&R requires 2/3 of all member votes for two actions: Special assessments and raising the dues above 5 percent per year. For member meetings without one of those items on the agenda, the quorum requirement from By-Laws is 1/10 of all votes. I think that is too low because one member and one proxy could be a quorum at such a meeting. I want to change it to 25 percent by amending the By-Laws. My question is do you think 25 percent is a reasonable requirement for a 20 unit association?
MarianneG (Indiana)
Posts: 170
Posted:
We just changed our bylaws from 10% to 33 1/3% for a 115 unit association. I also think 1/10 for a 20-unit association seems too low.
JoeW1 (New York)
Posts: 728
Posted:
Quote:
Posted By BrianK1 on 10/30/2007 12:42 PM
The CC&R requires 2/3 of all member votes for two actions: Special assessments and raising the dues above 5 percent per year. For member meetings without one of those items on the agenda, the quorum requirement from By-Laws is 1/10 of all votes. I think that is too low because one member and one proxy could be a quorum at such a meeting. I want to change it to 25 percent by amending the By-Laws. My question is do you think 25 percent is a reasonable requirement for a 20 unit association?

BrianK1 - How do you propose making this amendment change??? With 25 percent (5 owners) by amending the By-Laws, or by 1 member (you) and 1 proxy constituting quorum? Methinks your method of amendment to the By-laws should mirror your intended end result, but that's just MHO.

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