2017 BOARD OF DIRECTORS ELECTION RESULTS
According to our Association Bylaws, Article IX Meetings, Section 2, “one of the purposes” of the Annual Meeting “shall be the election of a Board of Directors.” Read together with Article XI Quorum, Section 1, “a majority of the outstanding shares of this corporation entitled to vote, present by the record holders thereof, in person or by proxy, shall constitute a quorum at any meeting of the Association membership,” this means that over 50% of the Association Membership must be present and vote at the Annual Meeting to elect the Board of Directors. Given the very high unlikelihood that over half of the Membership will attend an annual meeting, the Association’s practice has been to mail election ballots to the Membership, effectively providing an “absentee” ballot to all Members. The production and mailing cost for this year’s election was approximately $575.
A quorum must be met each year to elect a new Board of Directors, i.e., a majority (over ½) of the Membership must vote for the election to be valid. Our Bylaws, Article XII Board of Directors, states, “Each director shall hold office for the term which he/she is elected and until his/her successor is elected and qualified.” Given these rules, the current Board of Directors is to remain in place until a valid election is held to replace the Directors.
The 2017 election failed to reach a quorum. 457 ballots were mailed to Members qualified to vote in the election, and 216 ballots were received, falling 13 short of the quorum. In the past, many election quorums have not been reached and the Association has honored the votes of the Membership in electing directors, but the procedure should have been done in accordance with our current Bylaws, in a more formal way with resignations and appointments.
Obviously the quorum requirements originally instituted in 1966 continue to be a difficulty for the Association in conducting its normal course of business. Amendments to these Bylaws, including quorum requirements, are being considered by the Bylaw Revision Advisory Committee and as we anticipate several items being placed before the Membership in the coming year, it remains critical that each Member vote on these items to allow our Association and lake community to flourish. There are legal remedies available with perpetual unmet quorums, but legal action requires monetary funds and the Association hopes to avoid this type of expenditure.
Please make every effort to remain informed on upcoming Association votes. The Association plans to offer several opportunities for education and input before any actions are brought before the Membership for a vote. Once Members are presented with a topic for vote, Members are urged to utilize their vote to meet quorums and avoid the unnecessary expenditure of Association funds.
Now, with all of that being said, the 2017 election votes were in line with the current Board of Directors remaining in place for another year. Gerow Management mailed and tabulated the voting process from beginning to end and reports the following results:
Randy Wrona – 203
Dave Malmo – 195
Tricia Korhorn – 195
Ken Ek – 185
Dick Hokanson – 164
Tammy Williams – 65
The Association Membership ANNUAL MEETING is scheduled for Saturday, August 19, 2017, at 9:30 A.M. at the Abbot Pavilion. Please plan to attend.