Can someone explain how this could happen and be legal? We received our yearly coupon book in the mail on Christmas eve. Our Budget meeting was December 28th. Does something not seem right or am I misunderstanding that the Budget was being voted on by the board and the members were voting on Financial reporting, roll-overs, and waiving or partially funding reserves. As I know it at this point, a membership quorum was not met 29 needed 35. I've heard that if a quorum is not met then the Board could postpone and reconvene within 90 days to try to get the required amount to meet quorum. What is the proper procedures to notice this to members and are there any state requirements for situations like this? Florida Condo Asscociaton.
