The Foundation successfully reached the 50% threshold for the Declaration Amendment to be passed at the May 6th Special Meeting of the Membership.
The results of the Declaration Amendment are as follows:
- 2% of the total voting interests of the Foundation voted
- 1% voted YES
- 9% voted NO
These results satisfy the requirement of approval of at least 2/3rds of the voting interests of the Foundation present and voting in person or by proxy at the Special Meeting of the Members.
Thank you again to the Presidents Council, Pelican Bay Property Owners Association, Bay Colony Community Association, Tennis Advisory Group, and Mangrove Action Group who all used their email lists and contacts to help push this initiative to a successful outcome.