Mar 27
Q:We have a nine-member board in our cooperative. Several of our shareholders claim that any time five or more of them are in a room together, it constitutes a board meeting. If it is not posted ahead of time, it violates the statutes.
They have even said a board member cannot have a party in his home and invite more than three of the other directors. If four directors are in a room, a fifth cannot enter. One has even said if there are four directors eating (even at separate tables) in a restaurant, a fifth cannot go in until one of the others leaves.
Several others believe this is ridiculous and any such gathering would not be considered a board meeting so long as no decisions about co-op business are made or votes taken. Who is right and just what is the rule about directors being together at other than a posted board meeting?
— F.S., Apollo Beach
A: They are almost right! T
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Tags: Board, Board Members
Mar 24
A sustainable residential community is taking shape about an hour’s drive from downtown Chicago. Serosun Farms in Hampshire is a blend of custom homes and environmentally sustainable living on 410 acres of countryside in Kane County, four miles west of Route 47. Upon completion, the development will offer 114 1-acre custom homesites and 300 acres of open space. Community amenities include a 160-acre sustainable farm, equestrian center and community center with swimming pool and event facilities. The developer, John DeWald & Associates, is offering special pricing for the first 15 homebuyers. Homes will range from 2,500 to 6,000 square feet, and preconstruction pricing is in the $600,000s to about $2.5 million. Read all post…
Tags: Hampshire, Rise Hampshire
Mar 24
While moving from one place to another the first step is about deciding whether to move all by oneself or hire an external agency to do the needful. There are quite a few points that should be borne in mind while taking a decision such as the distance from the original location to the new location etc. Let’s take a detailed look at some the most relevant aspects:
Draw a rough sketch of the articles that you would take along with you and the items you’re going to leave behind. Jot them down on the paper and based on the articles ascertain the necessity of hiring movers. Also explore the possibility of friends coming to lend their support via providing the required vehicle or porting the baggage personally.
Incase you’re moving to the new location to join new job you might want to check with the Company’s human resource as in most cases the cost of moving is borne by the hiring company or is reimbursed. Then co Read all post…
Tags: Move