Welcome to the special section devoted to information associated with our Condominium Board "Election 2011".
We will continue to add information regarding the upcoming election that will help keep you informed during this most important democratic process. Below you will find various sections that can be opened by clicking on the blue arrows.
As always, we appreciate your interest in keeping The Towers Condominiums a quality home for us all.
 ELECTION UPDATE April 6, 2011
 To All Perspective Candidates:
Enclosed is a notice and Intent form for the upcoming current election. The Florida Statue 718 clearly defines the Directors’ and Officers’ Fiduciary Responsibilities’ in detail for members running for the board. The intent form signed now holds you personally responsible for acknowledging of the familiarity with statue 718 and the governing documents of the Towers Association. Members of the Board of Directors and each officer of the Association have a fiduciary duty to members of the association. The fiduciary relationship imposes obligations of trust and confidence in favor of the corporation and its members. It means the board members and officers must exercise due care and diligence when acting for the community. It requires them to act with the scope of their authority.
The fact that the association is a not-for-profit corporation or that member of the board are unpaid volunteers does not relieve them from the high standards of trust and responsibility the fiduciary relationship requires. When a member accepts a position on the board of directors he /she is presumed to have the knowledge of the duties and responsibilities of the director. Board members cannot be excused from responsibility on the grounds of ignorance or inexperience. Liability of board members for negligence and mismanagement exists in favor of the association.
An individual director may not act on behalf of the board. The power to act is granted to the board of directors, and members must act as a board.
Thanks,
Terry Ondak
President
Meeting Notices:
Attached is the First notice of the Annual Meeting with Revisions.
  
Notice of Intent for 2011 Election:
Please complete and submit the attached form if you wish to be considered as a candidate for the Towers Condominium Board:
 
2011 Voting Ballot & Proxy
Please open and print the attached ballot to place your votes. If you wish to assign a proxy, or Limited Proxy please follow the instructions also attached:
  
Governing Documents: |