The Lawsuit Referendum Ballot

By the Board of Directors

The Settlement Agreement for the lawsuit, filed by Neighbors for a Better Roaming Shores. Inc, Barry O’Connell, Joseph W. Petraus and Pat Long against the RomeRock Association et al, required a Referendum Ballot over Bylaw Article 2. Section 16. This Article/Section essentially requires the Board of Directors to seek Member approval for borrowing or assessing over $500,000. A simple majority of Yes votes would remove this Bylaw.

The Ballots included in the count were to be received by June 7, 2016. Ballots received by this date were counted on June 9, 2016 by the respective party’s legal counsels. The results were then Certified by the respective legal counsels.

The results were 80 Yes votes and 426 No votes. This means that Article 2. Section 16 remains as a Bylaw.

The Board thanks all voting Members for exercising their right to vote.

Additional information about the Lawsuit will follow.