Resolution No. 4238 - Laserfiche WebLink

Home Browse Search

sent that member in all matters requiring the attention of the members. 4.6. Termination of Membership. Membership in the Community Organization shall terminate upon member's ceasing to be a property owner lessee or resi- dent in the West Eugene community or upon voluntary withdrawal in writing by a member. ARTICLE V - MEETINGS OF MEMBERS 5.1. Annual and Semi - Annual Meeting. An annual meeting of the members, for the purpose of electing directors and transacting such other business -as may come before the meeting, shall be held on the second Thursday of January each year, beginning with the year 1992, at 7:00. p.m. unless a different hour and day is stated in the notice of the meeting. If the day fixed for the annual meeting is a legal holiday in the State of Oregon, the meeting shall be held on the next succeeding business day. Members and all interested persons may attend the annual meeting, but only members shall be permitted to vote on matters submitted to a vote at a meeting of members. There shall also be held a semi- annual meeting of the members for the purpose of transacting the business of the community organization at a date, time, place to be set by the board of directors in accordance with Section 5.5 below. All residents in West Eugene shall be notified of the annual and semi- annual meetings. I % 5.2. Failure to Hold Annual or Semi - annual Meeting. Failure to hold an annual or semi - annual meeting shall not work a forfeiture or dissolution of the community Organization. If the annual or semi- annual meeting is not held at the designated time, the president or the board of directors may call the annual or semi- annual meeting at a time fixed by them not more than sixty (60) days after such designated time by proper notice designating the meeting as the annual or semi - annual meeting. If the annual or semi - annual meeting is not held at the designated time or during the 60 -day period thereafter, the annual or semi- annual meeting may be called by members having one - twentieth of the votes entitled to be cast at the meeting. In such event, notice shall be given not more than fifteen (15) days after the expiration of such 60 -day period. 5.3. Special Meetings. A special meeting of the members may be called by the president or a majority of the board of directors at. any time. A special meeting of the members must be called by the president or the board of directors when- ever two - thirds (213) or more of the members request a special meeting in writ- ing, and in that event, such special meeting shall be held within thirty (30) days of such request. Members and all interested persons may attend a special meeting, but only members shall be permitted to vote on matters submitted to a vote at a meeting of members. 3