The following is a preview of a survey you will be receiving from the Board of Directors.
In the not to distant future you will receive an email with a link to the actual survey.
At the open meeting in February, when the current Board members were elected, there was concern among a number of the residents about the duration of terms for the Board of Directors. The Hickory Woods Condominium By-Laws state that the Board members serve until they resign or are removed by a two thirds vote of the residents.
The Board members would like your input on the length of the terms they should be elected for. Using your input the Board will form a recommendation which can be put to a vote of the residents.
Imposing term duration limits requires an amendment to the By-law. In order to amend the By-laws a two third majority vote of the residents is required. Removing a Board member also requires a two thirds majority vote and can be accomplished at the annual meeting without changing the By-laws.
Note: Imposing term duration limits in no way imposes a limit on the amount of time board members may serve. Subject to reelection, they may run for and serve multiple terms.
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We would like you to provide your feedback by answering the following questions:
- Do you want the Board members to have term duration limits? (Yes or No) A yes answer also means that you are in favor of modifying the By-Laws to implement this change.
- How long do you think the duration of terms should be? (please select one of these: 1, 2, 3, or 5 years)
- Should the terms of the Board be staggered or should all come up for reelection at the same time? (staggered or simultaneous election)
- As an alternative to implementing term duration limits in the By-laws, should the Board hold a vote each year on whether or not to remove each of the Board members? (Yes or No) In this case a two third majority vote would lead to the removal of a Board member and initiate the election of a new Board member.
Please provide no more than one response per household.
Thank you for your assistance in this matter,
The Hickory Woods Board of Directors