Laserfiche WebLink
CASV, # 3 <br /> <br />APPOINT NEW MEMBERS TO BOARD <br />By: Zoning Administrator Sylvia Frolik <br /> <br />Background: <br /> <br />The declaration of covenants for Business Park 95 states that two of the members shall be <br />property owners in the Park and their terms shall be one year. The annual meeting of <br />property owners is to be held in March for the purpose of electing property owners to <br />serve on the Board. <br /> <br />Observations: <br /> <br />As you know, Dean Sundquist and Jim DeLally are the two property owners who were <br />originally appointed to the Board. Dean Sundquist no longer owns property in the Park <br />and technically, Jim DeLally's term has expired. <br /> <br />The covenants state that if a vacancy of a property owners occurs on the Board prior to <br />the annual March meeting, the remaining members on the Board shall elect a replacement <br />to serve the remainder of the term, which in this case would be until March of 1998. <br /> <br />The covenants doesn't place any restrictions on consecutive terms for property owners. <br />Mr. DeLally may be interested continuing to serve until at least March of 1998. <br /> <br />Recommendation: <br /> <br />Plan on attending the meeting with recommendations for filling one, possibly two, <br />vacancies on the Board. <br /> <br />ARB: 08/06/97 <br /> <br /> <br />