View Full Version : DVC Annual Meeting info

Mark Goldhaber
11-18-2007, 09:28 AM
If you're going to be getting to Walt Disney World early for MouseFest, you might want to stop by the consolidated meeting for the DVC Condominium Association meeting on Tuesday, December 4.

The meeting, for all DVC resorts, will be held at the Coronado Springs Resort. The doors open at 10:30 a.m., and the Board of Directors Annual Meeting begins at 11:00 a.m. The doors reopen at 1:30 p.m. for the Members Annual Meeting at 2:00 p.m.

There will also be an information session for Old Key West members on the 15-year membership extension. That session will take place from noon to 1 p.m. and will include a box lunch for attendees.

If you plan to attend, make sure to go to the DVC Member web site to RSVP.

The agenda (both meetings):

Call to Order
Declaration/Election of Chairman of the Meeting
Calling of the Roll
Verification of Quorum
Proof of Notice of Meeting
Approval of 2006 Minutes
Election of Directors (member meeting only)
New Business
-Approval of Resolutions
--Use of excess assessments for future major repairs and replacements
--Use of reserve funds
-Presentation of Budgets

11-20-2007, 09:53 AM
They send out the notice about the meeting only a few weeks beforehand? So that there's no reasonable chance that people can attend lest they have their shares voted the way DVD wants them to be voted?

11-20-2007, 10:29 AM
Actually, owners have no vote on anything. Part of your purchase agreement assigns all voting rights to Disney's management company.

Mark Goldhaber
11-23-2007, 06:54 PM
Further actually, that's how it is with all major corporations, as well. I usually get to scramble to get air and hotel reservations when Disney announces the date and location for the annual shareholder meeting about a month beforehand. That's about how far in advance they're required to provide notification, and that's what they do. (Though it's common knowledge about the general timeframe for each meeting, and the DVC meeting in particular had had the date announced earlier, it was just the time and location that were revealed in the official notification mailing.