BrianK1 (Colorado)
Posts: 54
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?