FOREST LAKE HOMEOWNERS’ ASSOCIATION

 

Florence, South Carolina

 

 

CONSTITUTION

 

 

Article  I.   Name

 

The name of the association shall be Forest Lake Homeowners’ Association.

 

Article  II.    Object

 

The object of this association shall be to manage the use of Forest Lake west of Highway No. 103 as periodically authorized by Forest Lake of Florence, Inc., the owner and easement holder of that portion of lake bed and adjacent shoreline in accordance with the Grant of Authority given to Forest Lake Homeowners’ Association by Forest Lake of Florence, Inc.   Officers, directors or members of Forest Lake Homeowners’ Association are prohibited from doing any act individually or in concert which would be contrary to the primary purpose of the association.

 

The object of this association shall be to draw the residents of Forest Lake closer in friendship and neighborliness, to promote the enhancement of the beauty and general living conditions of the neighborhood, to speak as a united voice for the neighborhood, to join in a united stand against encroachment of business and commercial establishments within, or objectionably adjacent to the neighborhood, to prevent the streets of the neighborhood from being used by commercial trucks and vehicles not actually in the process of making deliveries of wares or materials into the neighborhood for use within the neighborhood, and otherwise seek to improve and protect the area from objectionable developments within and adjacent to the neighborhood, thus protecting the value of property within the development.

 

It iis also the object of the Forest Lake Homeowners’ Association to insure compliance with all agreements and Restrictive Covenants relating to Forest Lake Subdivision as recorded in the office of the Clerk of Court for Florence County.

 

Article  III.   Eligible Constituency

 

The eligible constituency of this association will consist of all property owners contained within the following boundaries:

 

                                                All those property owners within the tract originally designated

as Forest Lake known as Forest Lake Subdivision.

Article  IV.   Membership

 

The membership of the association shall consist of the property owners of the area described in Article III.  Membership shall be voluntary on the part of each resident property owner or resident, with the requirement that each member shall contribute dues in the amount voted by the majority of the members present.  Members delinquent in payment of their dues automatically forfeit their voting privileges in the association and therefore also automatically forfeit their rights to the use, access and enjoyment of the lake.  It is agreed that a husband and wife in a residence are both members regardless of how the deed to the property reads, provided dues are paid in accordance with the Constitution and By-Laws of the association.

 

Article  V.   Voting Rights

 

In order to maintain an equitable voting procedure, only one vote per household will be allotted. In the event a husband and wife cannot agree on the vote, they can be granted a half vote each.  Members delinquent in the payment of their dues forfeit their voting rights until dues are paid up to date.  In the case of a non-resident property owner, if he so desires, he can, upon notice in writing to the association, designate his tenant as the voting resident, provided that the tenant otherwise qualifies for membership in the association and pays the same dues as the property owner residents.

 

Article  VI.   Officers

 

Section 1.   The officers of the association shall be a President, a Vice-President, a Secretary, and a Treasurer.  The officers shall be elected annually from within the Board of Directors by the Board of Directors.  The Board of Directors shall consist of nine (9) members elected by the membership of the association. (Due to initial organization, ten (10) members may serve the first year of the association’s existence.) The Board shall operate on a rotating system which requires three members to rotate off each year by order of election.  A member rotating off shall be ineligible for re-election for a period of one (1) year.

 

Section 2.   Vacancies in office shall be filled by members of the Board by vote of the Board of Directors.

 

Section 3.   Vacancies caused by three members of the Board of Directors rotating off each year shall be filled at the annual meeting.

 

Section 4.    It is recognized that the original organizers of Forest Lake Homeowners’ Association have the authority to appoint themselves or others as officers or directors of the association in order to facilitate organization.  In order to facilitate the original organization, the appointment by the original organizers of officers or directors of the association shall be binding and the appointed and designated officers and directors shall serve until such time as a regular meeting of the eligible constituency of Forest Lake Homeowners’ Association is called and at that time nominations and elections to the Board of Directors and offices shall be opened up to the entire membership, at which time the entire membership may nominate their own officers or Board of Directors according to provisions of the Constitution and By-Laws or ratify the original organizers’ previous appointments and designations.

 

Article   VII.    Meetings

 

Section 1.    The annual meeting shall be held the first Thursday in March of each year at 7:00 P.M. at a place designated by the Board of Directors and the membership will be notified in advance of the meeting place and time.   The Board of Directors shall have the right to adjust the time of the annual meeting provided the membership is given proper notification.

 

Section 2.    Special meetings may be called by the President of the association.  Association members also may call a special meeting by three members making written notification to the President in which the purpose of the meeting is clearly stated and a notice of at least fourteen (14) days be given.

 

Article   VIII.    Quorum

 

One-third of the membership, by households, shall constitute a quorum at any regular, special, or annual meeting.

 

Article  IX.    Amendments

 

The constitution may be amended at any annual meeting by two-thirds vote of all active members present provided quorum requirements are met.  The proposed amendments must have been submitted to the membership at least two weeks  in advance of the annual meeting.  This same procedure must apply should it become necessary to consider an amendment between annual meetings.  The two-thirds vote of members present and voting shall also apply.

 

 

 

 

 

 

 

 

FOREST LAKE HOMEOWNERS’ ASSOCIATION

 

Constitution adopted ______________________