Bylaws

Section 1

Number and Term of Directors.

The Board shall consist of seven (7) Directors who must be Resident-Members of the Association. Directors shall serve staggered terms. A Director's term of office is three (3) years.

Section 2

Nomination of Directors.

Nomination for election to the Board of Directors shall be made by a Nominating Committee. The Nominating Committee shall consist of a Chair, who shall be a member of the Board not up for election, and two or more Resident-Members of the Association. The Nominating Committee shall be appointed by the Board of Directors at least ninety (90) days prior to each annual election of Board members.

The Nominating Committee shall make as many nominations for election to the Board of Directors as it wishes, but not less than the number of vacancies that are to be filled. In addition, any Resident-Member may place his/her name for nomination by submitting a petition signed by a minimum of twenty-five (25) Resident-Members. Said petition must be submitted to the Association office at least thirty (30) days prior to the election.

Section 3

Election of Directors.

The election of Directors shall be by secret written ballot at a properly noticed election held within thirty (30) days after the Annual Membership meeting. The Resident-Members shall elect Directors for a term of three (3) years to replace those whose terms of office have expired. Those persons receiving the largest number of votes shall be elected. Each Director shall serve until his/her replacement is elected and qualified.

Provision shall be made for write-in candidates on the written ballots.

An Election Committee consisting of two Directors and three or more Resident-Members shall be appointed by the Board to conduct the election and to count the votes. The election shall constitute a special meeting of the Association for all purposes necessary to conform such election to applicable legal requirements.

Section 4

Removal of a Director.

The Resident-Members may remove a Director from the Board with or without cause prior to the expiration of the Director's term by a special election called for by a petition signed by either two-thirds (2/3) of all Directors or at least 100 of the Resident-Members. A majority of the votes cast in such special election is required for the removal of the Director.

Section 5

Resignation of a Director.

A Director may resign upon giving written notice to the Board, the President, or the Secretary. Such resignation shall become effective when accepted by the Board.

Section 6

Vacancies on the Board.

A vacancy on the Board created by removal or resignation of a Director shall be filled by the vote of the majority of the remaining Directors within sixty (60) days of such vacancy, except that if there are less then four (4) Directors remaining, such vacancies shall be filled by the Resident-Members at a special election held within sixty (60) days of the last such vacancy.

Each Director elected to fill a vacancy shall serve for the remainder of the term of the replaced Director.