Frequently Asked Questions
Q: How do I make out my check
for my monthly rent or maintenance fee?
Q: I want to mail my check. What
address do I use?
Q: How do I make the Co-op aware
of where to contact me while I'm out of the Community?
Q: Why aren't the Minutes of
Co-op Board of Director's Meetings being posted?
Q: I'm a Co-op member. Why
don't I get to vote on all of the issues related to running the
business?
Q: Will there
be regular monthly shareholder meetings during the season?
Q: How do I get involved in the
affairs of the business?
Q: I'm a
Co-op member interested in serving on the Board of Directors. How do
I get nominated?
Q: I'm a
Co-op Member and I want to nominate someone to serve on the Board.
How do I do that?
Q: Can I get
a listing of Co-op Members? Will it be posted on the web site?
Q: Who is the
Community Manager and how do I contact him/her?
Q: Will the Co-op continue to hold
periodic community wide meetings?
Q: How do I make out my
check for my monthly rent or maintenance fee?
A: Make your check payable to Tropical Isles Co-op
and include your lot number on the memo line.
Q: I want to mail my check.
What address do I use?
A: Mail it to: Tropical Isles Co-op, 281 Tropical
Isles Circle, Fort Pierce, FL 34982.
Q: How do I make the
Co-op aware of where to contact me while I'm out of the Community?
A: Fill out the information form at the
office.
Q: Why aren't the
Minutes of Co-op Board of Director's Meetings being posted?
A: Tropical Isles Co-op, Inc. is a private
business. As such the conduct of the business, including minutes of
Board of Directors meetings, shareholder meetings, annual meetings,
etc. are not made available to the general public by posting minutes
on bulletin boards or web sites. Minutes and other records can be
examined by any shareholder following prescribed procedures.
Q: I'm a Co-op member.
Why don't I get to vote on all of the issues related to running the
business?
A: Co-op members are the owners of the Corporation
and, as such, have the ultimate power in running the business. That
power is exercised primarily by the election of corporate directors.
The Articles of Incorporation, Article VI, provide that, "The Powers
of this corporation shall be exercised, its properties controlled
and its affairs conducted by a Board of Directors..."
Q: Will
there be regular monthly shareholder meetings during the season?
A: No. There is only one shareholder meeting per
year mandated by the law, the Corporate Annual Meeting. The By-Laws
specify that the Annual Meeting will be at 7:00 PM on the fourth
Monday of January beginning in January 2008. Special Meetings of the
membership can be called by the Board of Directors for any purpose
allowed under the law and shall be called by the Board at the
request, in writing, of voting Members representing ten per cent of
the total number of Membership Certificates outstanding.
Q: How
do I get involved in the affairs of the business?
A: Many of the affairs of the business will be
conducted by Standing or Special (ad hoc) Committees. The Board of
Directors has the power to delegate certain tasks and functions to
these committees. Volunteer to serve on a committee of interest to
you. And, you can submit your suggestions, complaints, problems,
etc. to any Director or to the Park Manager.
Q: I'm
a Co-op member interested in serving on the Board of Directors. How
do I get nominated?
A: Essentially, you nominate yourself. The process
to elect Directors is defined in detail. Any Co-op member
(shareholder) is eligible to run for election to the Board. A Search
Committee can be put in place to encourage members to run for the
Board.
Q: I'm
a Co-op Member and I want to nominate someone to serve on the Board.
How do I do that?
A: Members can not actually nominate another Member
to run for a Directorship of the Co-op. But, Members can certainly
approach another Member and encourage them to run, express your
support, etc.
Q: Can
I get a listing of Co-op Members? Will it be posted on the web site?
A: A list of Members will be made available.
Ownership of real estate is a matter of public record. Even though
the information is a matter of public record, we do not plan to post
in on the web site.
Q: Who
is the Community Manager and how do I contact him/her?
A: The Community Manager is Tina Morbitzer. She is
a professional and is trained in the management of residential
communities such as Tropical Isles. Contact her by e-mail at
parkmanager@tropical-isles.org or call her toll free at
866/619-1100.
Q: Will
the Co-op continue to hold periodic community wide meetings?
A: The Co-op plans to use a variety of methods to
keep the residents, Members and non-members alike, informed on
issues that affect them. Community wide meetings are quite likely to
be among those methods.