Shareholders Discussing Crestview Mutual Water Co.
Shareholders get more flexible comment guidelines. Each shareholder will be allowed 3-5 minutes to address a Board meeting, but the presiding officer has discretion to shorten time if there are many speakers or to cut off speakers talking “too long.” The president can also allow more time. Shareholders may divide Continue reading New procedures for shareholder participation in Board meetings.
After a long discussion among shareholders, President Frank Mezzatesta, and legal counsel about the draft Election Manual and Proxy Form, the Board agreed with Mezzatesta’s suggestion to continue the matter to another meeting and meanwhile to revise the draft. Most of the comments were on the question whether the changes Continue reading President vows to resign if no quorum at annual meeting. Election Manual to be revised before Board vote.
In order to avoid repeating the messiness of the June 2022 shareholders’ meeting, the Board will discuss on January 23 a new Election Manual and Proxy Form that make it likely Crestview will never again be able to get a quorum for the shareholders’ Annual Meeting to elect Directors! Yes, Continue reading Board to consider election procedures that make it harder to vote.
The agenda for the January 23 meeting features governance issues, including shareholder participation and access to information and a detailed new procedure for annual elections of directors, including a new form of proxy. There will also be oral reports on the status of the Well #8 permit process, the LPHOA Continue reading January board meeting Monday (not Thursday) next week has a big and interesting agenda.