FRIENDS

In March, 2012 members received received notification from our Board of Directors that they have had enough.

The letter stated:

For far too long we have heard nothing from our elected and appointed members of the Board of Directors. That is about to change. These pages are going to contain some startling facts, and information that we are facing over the next few months.

The notice continued ...

 

The Insolvency By-law, which expires on May 1, 2012, required the Board of Directors to consist of 7 members. We presently have 5 members on the Board. Our By-laws state that 9 members are required to constitute a Board of Directors; therefore, an election will be held in May to ramp up the required numbers.

Well, nothing much has changed since that newsy notice as we have not received any subsequent pertinent information regarding the management of this co-op.  The May meeting to elect new Board members was not held.  Instead, several friends of a member of the Board of Directors were 'appointed' to the Board.  This is in direct violation of a co-op policy to fill vacancies on the Board with runners up from the previous election.  Nevertheless, the Board of Directors is extremely pleased with this arrangement.