Our Condo board of directors (mainly the President and Treasurer, although all BOD agree on a design project) gave a $12,500 deposit to the design company for a proposal without getting a vote from membership on the project and the firm. Our Bylaws state we must have 75% vote. Months later, I found out no competitive bids were obtained. President apologized although members are out the $12,500. Votes were taken after the fact and there were not enough votes to allow project. What are our rights as members. This was a reckless decision we are a small condo. Thanks in advance
Hillsboro Beach, Florida
Answers (6)
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