The purpose of the meeting is two-fold.

First, by a petition signed by an Owner holding in excess of five percent of the membership, a special meeting has been called to recall (i.e. to remove from office) all five members of the current Board of Directors.

Second, regardless of the outcome of the recall vote, it will be necessary to conduct the annual election to fill the two (2) director terms that expire anyway at the time of the annual meeting. If the recall is not successful, then this election of two (2) directors will address the normal election to be conducted at the annual meeting.

Third, if the recall is successful, a special membership meeting will be held on January 14, 2017, to elect replacements to fill the remaining three (3) director seats with one year remaining on their terms. A solicitation will be sent allowing interested Members to submit their names in nomination to run for the three remaining positions. The current directors can place their names in nomination as well.

The reason two directors will be elected at the November 5th, 2016 annual meeting regardless of the outcome of the recall vote is because those positions need to be filled in any event. Moreover, as required under the Bylaws, candidates were solicited to fill two positions (and only two positions) before the Association being made aware of the request for a recall vote. This put the Association in a difficult position of either having to re-schedule the meeting altogether (forfeiting fees paid for the meeting location), or go ahead and hold the annual meeting with a full recall meeting scheduled at a later date. This would result in additional expense for a recall vote with an uncertain outcome. By following the procedure discussed in this notice, an additional meeting (and resulting expense) will only be necessary if the recall is successful.

Click here to view the 2016 Board of Directors Statement of Candidates and 2016 Proxy.

Registration and a light continental breakfast will be served starting at 10:30am. The meeting is scheduled to begin promptly at 11am and will include updates from your Board of Directors and a presentation by Grand Pacific Resorts. The Organizational Board meeting will take place immediately following the Owner Meeting.

You will also have the opportunity to learn more about the benefits of your Ownership with the knowledgeable representatives from RCI, ResorTime, GPX and Grand Pacific Vacation Services who will be on hand to answer all your questions.

The Agenda for the Annual Meeting is as follows:

• Approval of the minutes of the previous annual meeting
• President’s Report
• Board Recall
• Election of two members to the Board of Directors
• Management Report
• Owner Forum

We look forward to seeing you...
RSVP with Grand Pacific Vacation Services today by calling 888-477-6967 or by emailing at GPVSpecialist@gpresorts.com

Click here to view the 2016 Board of Directors Statement of Candidates and 2016 Proxy.