The original Bylaws of the company were adopted in 1969. They need to be restated for multiple reasons including but not limited to:
Confirm how the Company is governed
Clarify the roles and responsibilities of both Members and the Company
Keep the Company aligned with current legal and regulatory requirements
Improve and modernize how the Company communicates with Members
The full text of the Restated Bylaws are presented below.
1 class of membership
1 membership and 1 vote per lot connected to the water system
1 membership meeting / year
Quorum of 40% for business matter
Quorum of voting members present for election of directors
5 volunteer directors with 3 acting as President, Treasurer and Secretary
Powers described in §5.2
Election described in §5.5.b and §5.5.c
Quarterly open board meetings in § 6.4
Roles and responsibilities of Members
Optional Committees and Superintendant
Alignment with current legal and regulatory requirements
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What is next?
Once the restated Bylaws have been approved by the community, they will be recorded with the Sonoma County Clerk Office.
Each member will receive the following by mail:
New certificate of membership
Notice of annual shareholder meeting