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  • This topic has 2,112 replies, 2 voices, and was last updated 45 minutes ago by Guest.
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  • #1791 Reply
    ThoughtsAdmin
    Keymaster

      GLORY BE!  Say a prayer for one of the new elevators in 9740. The poor thing did not live very long. Died before its first birthday. There was a similar moment yesterday, then it had a momentary recovery, but alas the poor thing is not functional today.

      May the Board be with them.

      #1790 Reply
      Guest

        Issue facing Park City is no healthy opposition to the current board. Its what kept Candra in and its what keeps the current board in power

        #1789 Reply
        Guest

          If the board illegally removed sections from the bylaws then why not challenge it in court?

          #1788 Reply
          Guest

            same circus I agree but Chandra was cheaper! I like him more

            #1787 Reply
            Guest

              so who wins the most corrupt award of the year ? chandra’s people or  david’s people ?  SAME CIRCUS, DIFFERENT CLOWNS  !!!

              #1786 Reply
              ThoughtsAdmin
              Keymaster

                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”.

                 

                #1785 Reply
                ThoughtsAdmin
                Keymaster

                  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

                  #1784 Reply
                  Guest

                    as for the elevators …they are just “putting make up on an ugly face”

                    #1783 Reply
                    Guest

                      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.

                      #1782 Reply
                      Guest

                        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.

                        #1781 Reply
                        Guest

                          arbitrators DON’T work for the unions. Therefore are NOT “umion arbitrators”

                          #1780 Reply
                          Guest

                            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?

                            #1779 Reply
                            Guest

                              Obviously under the table !!!

                              #1777 Reply
                              Guest

                                Can you really pay union arbitrator in 2023 ? 😳

                                #1776 Reply
                                Guest

                                  that  is  what a 30 milliom dollar loan can pay for. U will pay part of that tab idiot !

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