Current through the 2024 Regular Session
Section 21-43-118 - [Annual meeting - Report of plan activities](1) Once the ten-year period has commenced, the district shall hold an annual meeting for the purpose of reporting its plan activities to the district property owners.(2) The district plan improvements may be amended during any of the annual meetings. Notice of intent to amend the plan shall be provided to the property owners as an addendum to a notice of the annual meeting which shall be provided not less than twenty (20) days prior to the meeting.(3) Approval of the plan will be validated by a vote of fifty percent (50%) of the annual meeting participating property owners. Ballots shall be provided by the district prior to the commencement of the meeting.(4) All district property owners shall be notified of the voting results of a proposed amended plan.Added by Laws, 2024, ch. 375, SB 2707,§ 2, eff. 7/1/2024.