Your Board of Directors

THE BOARD OF DIRECTORS

Carleton Condominium Corporation 37 or CCC37 was created in 1974, upon completion of construction and sale of the complex of 96 townhomes under the laws of Ontario.

The owners formed a Board and wrote the Declaration and By-law 1 the following year.  Other By-laws followed in later years.

The Board of Directors consists of 7 members that are voted in by the ownership.  Directors must be homeowners .  They  are volunteers and receive no remuneration for their work on the Board.  A Director is voted on for a 3 year term and these terms are staggered.  There are 3 mandatory positions on the Board.  They are President, Secretary and Treasurer.  A vote amongst Board members must be held within 10 days of the Annual General Meeting to appoint these positions. The Board must have 5 members  (quorum) in attendance for any meeting to be able to make decisions The Board is required to hold 10 Board meetings each year under our Declaration.

 By-law 1 outlines the responsibilities of the Board of Directors from engaging a property management company to oversight on all financial transactions of the corporation.