Wed, 07/15/2020 - 2:31pm
On 08/04/2020 A motion to reduce the QUORUM to host the Annual Meeting of the Owners PASSED, with 388 votes in favor, and 68 votes against the measure.
This change applies to the Oak Tree Home Owners Association By-Laws, Article II, Section 9 "Quorum", as follows:
Currently:
“Except as otherwise provide in these By-Laws or in the Declaration, the presence in person or by proxy a majority of the Owners of Lots shall constitute a quorum at all meetings of the association”
To be changed to:
“Except as otherwise provide in these By-Laws or in the Declaration, the presence in person or by proxy of 25% of the Owners of Lots shall constitute a quorum at all meetings of the association”