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2019 WAL ELECTIONS INFORMATION

By Elections Committee

Let your voice be heard and vote in closely with Watergate Manage-
our upcoming WAL Board of Direc- ment to improve the quality of What is the Unit Owners Associa-
tors Elections! Board members are life for all residents. tion? The Association is made up of
the Association’s governing repre- The election of Board members is an all owners who are listed on the deed
sentatives and the decisions they expensive and time-consuming enter- for that unit. Renters are not mem-
make impact our lives daily. Respon- prise. The Annual Meeting will be bers of the Association.
sibilities of the Board include: postponed if quorum is not reached
• Adoption of an annual Associa- by the evening of March 4. This may What is the Quorum? For the Asso-
tion budget, unit assessments and require a new election at a significant ciation to conduct business, which
a schedule of fees. Board mem- additional cost to the Association. includes elections, at least 25% of the
bers must manage stakeholders’ Therefore, it is vital that all unit own- total percentage interest, either by
money in responsible and effi- ers fulfill their ownership responsi- proxy or in attendance, must be rep-
cient manner and be sensitive to bility and VOTE! resented. This is called quorum and
the impact their decisions have it is outlined in our governing docu-
on the financial circumstances of If for some reason you are not ready ments.
unit owners. to vote or do not wish to vote for any
• Approval of contracts and capital of the candidates on the proxy ballot, What does Percentage of Interest
expenditures that contribute to check Option 2 on the proxy ballot Mean? Each unit has a weighted in-
the maintenance and appearance envelope which says, “Vote for quor- terest (no matter how many owners
of the property, improve home um purposes only.” are on the deed) in the Association,
values and instill in residents a depending on the model you own.
sense of pride in their communi- Helpful instructions for voting are For example, if you own an A model,
ty. Board members must endeav- included in the election materials, you have the smallest interest
or to limit the inconvenience of and you may vote as soon as you re- (.048%) and if you own a J or K
major infrastructure projects on ceive the election materials. Included model you have the larger interest
residents and ensure projects are in the information are copies of can- (.092%). In voting, only one vote
completed on schedule, at budget didates’ biographies and campaign per unit is accepted, but it is
and at a high level of quality. statements for you to review. The weighted. What does this mean?
• Proliferation of reasonable rules Elections Committee has coordinated Your vote is not a one for one vote
that promote the safety, health several events for residents to meet like it is in an election for the gover-
and well-being of residents and the candidates and to hear their ideas. nor or the president of the United
the peaceful enjoyment of their States. Although your vote in the
homes. WAL 2019 Elections FAQ Association may be weighted, it is
• Finally, Board members work What is the business of the Annual extremely important that enough
Meeting? The primary owners attend or submit a proxy for
business is the election of the Association Annual Meeting to
2019 Election Dates to Remember new Board members. meet quorum.

Special Joint Committee Meeting How many candidates What happens when I attend the
Sponsored by Several WAL Committees are there? How many Annual Meeting if I haven’t voted
Tuesday, February 5 • Terrace Lounge • 7:30 pm. can I choose? Five unit yet? May I still vote? When the
owners were validated as polls open, you will check in with the
“Meet the Candidates” Town Hall
Tuesday, February 12 • Terrace Lounge • 7:30 p.m. candidates for the 2019 League of Women Voters. You must
Board of Directors Elec- show your ID. You will receive a
Lobby Voting tion. This year, unit own- colored ballot depending on your unit
Tuesday, February 19 • Bldgs.1 & 2 • 5 – 7 p.m. ers will elect three resi- model. The color makes it easier for
Wednesday, February 20 • Bldgs. 3 & 4 • 5 – 7 p.m. dent owners to the Wa- the League of Women Voters to
tergate at Landmark count the votes by model and calcu-
Community Happy Hour Voting Board of Directors. The late the percentage of interest.
Friday, February 22 • Terrace Lounge • 7 – 9 p.m. three candidates with the
greatest number of votes How will the votes be counted?
42nd Annual Meeting Election results will be tabulated un-
Monday, March 4 • Terrace Lounge • 7 p.m. will be elected to three-
Doors open at 6:30 p.m. year terms. der the guidance of the League of

Page 4 Wheel February 2019