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REVISED MARCH 2000 NAME This association shall "be known as the K and K Park Tenants' Association. The purpose of this association shall be to unite the tenants of the K and K Mobile Park for the protection of their general interests and to provide an official channel of communication between the tenants and the park ownership. This will enable the membership to act on all matters which might become of concern to them. When organized as a non-profit corporation under Florida laws, the purpose will be expanded in keeping with the articles of Incorporation. Membership of this association shall be restricted to tenants who are owners or co-owners of mobile homes within K and K Park and who have paid the current membership fee, as determined by the Board of Directors. Section 1 - Annual Meeting The annual meeting of_the Association will be held on the fourth Wednesday of Jan.at 8:45 a.m. in the Recreation Hall of the Park, with adequate notification at least one week in advance. The principal business will be to hear reports from the officers and act on all other business which would'be appropriate; hear suggestions from the membership; and conduct the annual election of members of the Board of Directors, by paper ballot. Official action at the annual meeting shall be by majority vote of those members present and absentee ballots. Specifics concerning the election of Directors appear in Article V, and as per Florida Statutes 723.075 and 723.078 (2)(b). Section 2 - Other General Meetings Other general meetings may be called by any of the following methods: a) By order of a majority of the Board of Directors. b) By petition of 10% of the general membership. c) By action taken at a previous meeting. Notices for such meetings must "be prominently posted in the Park at least one week in advance of the meeting and state the purpose of the meeting. A quorum for official action at such special meetings shall be 33-1/3% of the general membership. The affairs and business of the Association shall be managed by a nine-member Board of Directors, each of whom must hold membership in the Association. Section 1 - Election of Directors (Votes) At the annual meeting, three persons with the largest number of votes shall be elected for 3 years and to fill unexpired terms if any. Section 2 - Officer Selection The Board of Directors shall elect from among their own numbers the officers to serve until their successors have been chosen, following the next annual meeting. Section 3 - Five members of the Board of Directors shell constitute a quorum for the transaction of business. If an important question needs to be resolved when several Directors are out of the state (as might happen during the summer months), action may be taken by those Directors available within the Park, after telephone consultation with as many of the absentees as necessary to constitute such a quorum. The absentee's vote will be recorded as a. "telephone vote". The officers, selected from among members of the Board of Directors (See Section 2 of Article V), shall be President, Vice-Preaident, Secretary, and Treasurer. Section 1 - President The president shall preside at all meetings of the Board of Directors and at all general Association meetings. Section 2 - Vice-President The VIce-President shall assume the duties of President in case of the President's absence or inability to serve. The Vice-President may be assigned additional duties by the Board of Directors. Section 3 - Secretary The secretary shall maintain, and have custody of, all records except the financial records. The secretary will keep a register of members, post notices of meetings, keep minutes of meetings of the Association and the Board of Directors, end perform such other duties as may be prescribed by the Board of Directors. Section A- - Treasurer The treasurer shall have custody of all funds and financial records of the Association, and shall keep accurate records of receipts end disbursements, and render an account thereof at the annual meeting. An audit of the treasurer's records will be made annually and whenever there is a change in treasurer. These by-laws may be altered, amended, repealed, or added to only if the change is recommended to the membership by at least five Directors, and thereafter approved by a majority vote of the members present and voting at a meeting called for that purpose. Robert's Rules of Order, Revised, shall be the parliamentary authority for the Association. Voted and Approved on November 15, 2000 |