The referendum results are in and all 23 items passed.
1094 of the 4860 eligible Members voted in the referendum, giving us a quorum of 22.5%, exceeding the By-Law’s requirement of 20%.
The voting averages for all items were 83% Yes, 16% No and 1% left blank (abstention).
Some ballots casted were spoiled and not counted due to an error on the proxy statement. All Members that had submitted ballots before the error was discovered, as well as all Members receiving paper ballots were notified. Both direct and indirect means were used to notify the paper ballot holders. Notices were put out on Stay In Touch and posted on the Pine Ridge website. For all Members using paper ballots with an email or phone number on file with the POA, efforts were made by the Staff to contact them directly. All but 77 of the paper ballots submitted were cured, those not cured were not included in the final counts of the referendum results above and did not count toward the quorum
The corrective actions taken were based on the advice of the POA’s attorneys.
The results for the 77 ballots excluded are below. As you will see these ballots had no impact to cause a different outcome of any referendum item but actually, reinforced passage.
The voting averages for all items on spoiled ballots were 79.9% Yes, 15.5% No, and 5.6% left blank (abstention).
Any interested Member may examine the election documents and results by filing a Request for Documents form with the POA management.
Thank you for participating in the referendum,
Board of Directors,
Pine Ridge POA
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