TO REQUIRE A MEMBERSHIP VOTE ON TROA BOARD OF DIRECTORS' PURCHASE OF TREYBURN COUNTRY CLUB
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This petition is to request and require the TROA Board of Directors (BoD) to call a Special Meeting at the earliest possible legal date after receipt of the successful petition (signed by 170 households) requesting a Special Meeting of the membership for the purpose of voting on whether to halt or continue efforts (including financial expenditures) by the TROA BoD and the Ad Hoc group, also known as the Acquisition Committee, to purchase the Treyburn Country Club (TCC), Durham, NC.
170 households (1 signature per household) must be obtained. This constitutes the required 25% of membership, per Article 3, Section 3, Amended and Restated By-Laws of Treyburn Residential Owners Association, Inc. to call a Special Meeting. In this Special Meeting we will address by direct vote whether the BoD should continue their unending efforts/attempts to purchase the TCC.
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