Message from the Board of Directors
August 15, 2011
Dear Fellow Share Holder,
During the reorganization of our Association it was discovered that the developer did not file the Association By-Laws. The Board of Directors decided to do a review of the By-Laws and make any needed changes before filing.
Attached is a copy of the revised By-Laws for your review. The yellow high-lighted areas are the revisions to the original By-Laws. The changes were minor mainly to the Board of Directors terms and operations. References to the Developer were deleted.
The Board of Directors and the Association Attorney have reviewed the By-Laws and are recommending they be approved at the September 24th meeting. In accordance with Article XVI, Section 2 of the By-Laws we need approval from 75 percent of the Membership to make them official. You will receive a newsletter from the Board of Directors within the next couple days. The newsletter package will include a Proxy. It is important that we have your vote. If you are uncertain as to if you will be attending the meeting please fill out the proxy and submit it.
If after you send the proxy and you are able to attend the meeting your vote at the meeting will supersede your proxy. If you have any question regarding the By-Laws feel free to contact Richard Hayes at 301-934-6822.
Board of Directors
Marlin Cove Time Share Owners Association
Attachment: Proposed Marlin Cove Time Share By-Laws for Adoption at September 24th General Membership Meeting
During the reorganization of our Association it was discovered that the developer did not file the Association By-Laws. The Board of Directors decided to do a review of the By-Laws and make any needed changes before filing.
Attached is a copy of the revised By-Laws for your review. The yellow high-lighted areas are the revisions to the original By-Laws. The changes were minor mainly to the Board of Directors terms and operations. References to the Developer were deleted.
The Board of Directors and the Association Attorney have reviewed the By-Laws and are recommending they be approved at the September 24th meeting. In accordance with Article XVI, Section 2 of the By-Laws we need approval from 75 percent of the Membership to make them official. You will receive a newsletter from the Board of Directors within the next couple days. The newsletter package will include a Proxy. It is important that we have your vote. If you are uncertain as to if you will be attending the meeting please fill out the proxy and submit it.
If after you send the proxy and you are able to attend the meeting your vote at the meeting will supersede your proxy. If you have any question regarding the By-Laws feel free to contact Richard Hayes at 301-934-6822.
Board of Directors
Marlin Cove Time Share Owners Association
Attachment: Proposed Marlin Cove Time Share By-Laws for Adoption at September 24th General Membership Meeting
