Our next meeting will be
May 8, 2012 @ 7:00 pm

At the Middletown Fire House on Shelbyville Rd

Amendments and Motions to Foxboro Neighborhood Assn bylaws discussed at the February 7, 2012 meeting, to be voted upon at the May 8, 2012 meeting.

Amendment 12

Amend Article III to read:  Only those members who made voluntary contributions of $50 may vote at association meetings, serve on subcommittees, or hold office in the association. The voluntary dues must be paid by May 1 of each year or the member’s voting rights will be suspended until the contribution is made.  The board can exercise the authority to increase the dues by an amount up to but not exceeding 10% in each year thereafter.

EXPLANATION: This amendment will increase the current voluntary donation from $40 to $50 starting in 2013.   The amendment also changes the date the voluntary donations are made from March 31 of each year to May 31 of each year. (This change will make the date consistent with Amendment I to Article IV which states that dues must be paid by May 1 for a member to be eligible to seek office.

Amendment 13

Amend the last sentence in Amendment 7 Article XIII (d) (2) to read: Any funds collected for a specific project that exceed the actual expense of the project may be held in a designated fund for upkeep, maintenance, and replacement, if applicable, or may be moved to the general operating fund as deemed appropriate by the board and voted on by the members.

EXPLANATION: This change will allow flexibility to the board and the association in using the funds properly and efficiently to meet the needs of the association.

Motion 1

Regarding Amendment 7, Article XIII, (d) (4):  Remove line item 4 from the amendment which currently reads: At no time shall the President present a budget in excess of dues collected during the previous year.

Motion 2

Change Amendment 8, Article IX for election of officers to be November vice October.

Motion 3

Change Amendment 7, Section E, from after the October meeting to after the end of the fiscal year.

Motion 4

Funds held as excess from the previous year may be applied to and used as deemed appropriate for the current year’s operating funds.