Holiday Beach Homeowners

To place this issue on the agenda for the upcoming meeting, we must follow the Holiday Beach By-Law Amendments which reads as follows. "9.2 The membership may, by a petition of twenty-five percent (25%) of the number of members voting at the preceding Annual Meeting, initiate By-Laws or Articles of Incorporation amendment proposal(s) and cause said proposal(s) to be placed on a ballot at the next meeting of the general membership."  We need 17 signatures to have the following item placed on the May 2011 agenda of the Holiday Beach Home Tracts annual meeting and be voted on by the membership.
Our proposed amendment is to add the closing sentence to Article 4.1.

Only one (1) member of co-owners, including husbands and wives,
shall hold the office of Trustee.

The present Article 4.1 reads as follows.

4.1 The powers of this non-profit corporation shall be vested in a Board of Trustees, hereinafter referred to as “Trustees.”  The number of Trustees who shall manage the affairs of the corporation shall be seven (7).

Remember, this petition is just for the purpose of having this issue placed on the  May 2011 agenda to be voted on by the membership.

Please join me in this effort.

Charlie Griggs 360.877.5803

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