Tell us what’s on your mind? 
- This topic has 2,110 replies, 2 voices, and was last updated 27 minutes ago by
.
-
Posts
-
If the board illegally removed sections from the bylaws then why not challenge it in court?
same circus I agree but Chandra was cheaper! I like him more
so who wins the most corrupt award of the year ? chandra’s people or david’s people ? SAME CIRCUS, DIFFERENT CLOWNS !!!
In 2021, the then current Board, at the direction of the co-op attorney, ILLEGALLY removed Article 1, Section 1 from the corporation By-Laws that governed our Annual Meetings and Elections. The Board cited their authority under our By-Laws Article X Section 2 – that by itself was contradicted by Article X Section 3. Regardless, they were not in compliance with the Certificate of Incorporation.
Please make note that the three things that govern a corporation, IN ORDER OF THEIR POWERS, are Statutes (laws) followed by the Certificate of Incorporation, followed by the By Laws.
In our case, the Certificate of Incorporation supersedes the By Laws and therefore the Board did not have the Certificate of Incorporation-required number of shareholder votes to make any change to the By Laws. The Certificate of Incorporation can be viewed in the DOCUMENTS section of this website. I refer you to its page 4 sub-reference (c) vi which reads:
“(c) The votes of the holders of more than a majority of the total number of issued and outstanding shares of the Corporation shall be necessary at any meeting of shareholders for the transaction of any of the following items of business, to wit:”
(c) “(vi) Two-thirds of the issued and outstanding shares for the transaction of any business relating to the amendment, alteration, repeal or addition to the By-Laws of the Corporation, except that so long as there are any Unsold Shares outstanding, the By-Laws may not be amended, altered, repealed or added to without the written consent of 100% of all shareholders.” Factually, at the time of the Board decision there were unsold shares – necessitating 100% of shareholder votes.
Reading further to the Certificate section (d)(i) “At least two-thirds of the members of the Board of Directors shall be necessary for the transaction of any business relating to … “(c) the amendment, alteration, repeal or addition to the By-Laws of the Corporation (other than those provisions that have been adopted by the shareholders of the Corporation or which, under the By-Laws, may only be amended by the shareholders of the Corporation)…” and goes on to say if there are any Unsold Shares, a vote of 100% of all shareholders is required. Again, at the time of the Board decision, there were unsold shares
Under (d)(i) two-thirds of the Board were necessary to transact business – but with regard to the By Laws “may only be amended by the shareholders of the Corporation”.
Does anyone know if they have finished ‘fixing’ the election results?
I haven’t seen anything yet but I haven’t checked the likely place for it – the laundry room bathrooms.
HAHAHAHAHAHA
as for the elevators …they are just “putting make up on an ugly face”
Also stop bringing in and allowing people with no board approval or visas. Plain immigrants. Eventually this place will migrate and the goal is more rentals so they can control all the rents and sales. This is not a joke anymore I see where park city is going. Don’t bring the garbage style here and we need board approval tenants. It is not right to put other tenants in danger and fear for their life because of these illegal immigrants swarming in and the ongoing cash business going on here. I get you wanna raise the Maintence but don’t turn this place into public housings section 8. I forsee this is where party city is going.
Miss Zarina one favor I ask is please stop renting out apartments (numerous amounts of them) to HAMAS supporters because soon they will come after you, knowing that you are also a Jew. Thank you and keep doing your thing.
arbitrators DON’T work for the unions. Therefore are NOT “umion arbitrators”
So he’s suing people on purpose to get more money out of our. Also, are they fixing the elevator motors or just designing it?
Obviously under the table !!!
Can you really pay union arbitrator in 2023 ? 😳
that is what a 30 milliom dollar loan can pay for. U will pay part of that tab idiot !
idiot , what are u talking about adolfo getting for ? He lost the case because the arbitrator was paid for under the table ! Learn to read !
How much was Adolfo paid out for his court case?
