shall be evaluated annually by the Board and an equitable amount established for the current year
as, in the sole discretion of the Board, the needs of the Association may require and are non-
refundable. Special assessments may be levied from time to time, but no special assessment
shall be valid until ratified and approved by a majority of the total members present in person or
by written proxy at a regular meeting, or at a special meeting called for the purpose of
considering the same.
an estimate of the probable costs of operation of the Association for the ensuing fiscal year and
shall publish due notice of the same.
guests of members may use the facility of the Association. The Board shall be guided by poll of
the membership by establishing the policy of guest privilege as liberal as may be compatible
with the best use of facilities by the membership.
interest and equity in the Association.
property shall be only entrusted to a Board of seven directors. The Board shall have full
management control, as well as fiscal and budgetary approval and responsibility, as defined in
the by-laws. All directors elected must be resident voting members serving during any operating
year. The Directors shall elect a president who will preside at all meetings of the Board of
Directors. A Vice President shall be similarly elected who shall preside in the absence of the
President.
November of each year, at such time, date, and place as the Board of Directors shall direct,
notice of which time, date, and place shall be given by mail to the members of the Association
not less than fifteen (15) nor more than thirty (30) days before such meeting; but such meeting
may be adjourned from time to time as shall be necessary or convenient. The Directors elected
at such meeting shall take office immediately.
duly elected and qualified.