19D - CMD ANNUAL REPORT - Laserfiche WebLink

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(b) The failure of the property represented by the Regular Member to pay the annual dues or any charges, fees, taxes, or assessments imposed. Such membership and respective membership rights shall be held in suspension until such time as the entire fee, including any penalties and interest, are paid. (c) The determination by the Board of Directors, or a committee designated to make such determination, that the member has failed in any material and serious degree to observe the Articles of Incorporation, these Bylaws, or the rules and regulations adopted by the Board of Directors. Any member whose membership is terminated either pursuant to this Article or by virtue of no longer qualifying for membership (Regular Members only), shall automatically have his or her respective rights terminated. SECTION 11. SUSPENSIONITERMINATION OF MEMBERSHIP -PROCEDURE Any member subject to suspension or termination, with the exception of automatic termination for the nonpayment of dues, shall have the right to be heard by the Board of Directors at a meeting called for that purpose. Following a determination that a member should be expelled pursuant to Article III Section 10c of these Bylaws, the following procedures shall be implemented: (a) Notice shall be sent by United States First Class or Registered Mail to the most recent address of the member as shown on Downtown Incorporated's records, setting for the proposed suspension/termination and the reasons therefore. Such notice shall be sent at least fifteen (15) days before the proposed effective date of the suspension/termination. (b) The member being expelled shall be given an opportunity to be heard, either orally or in writing, at a hearing to be held no fewer than five (5) days before the effective date of the proposed suspension/termination. The hearing shall be held by a special committee composed of not fewer than three (3) Directors appointed by the President (ora designee appointed by the Board if the President is the culprit). The notice to the member of his or her proposed suspension/termination shall state the date, time, and place of the hearing on the proposed suspension/termination. (c) Following the hearing, the committee shall decide whether the member should, in fact, be terminated, suspended, or sanctioned in some other way. The decision of the committee shall be final. (d) The termination, suspension, or sanctioning of a Regular Member shall not reduce the represented property owner's power under Article III Section 2(a) to designate another individual for Regular Membership unless such termination, suspension, or sanctioning is due to the failure of the property owner to pay any charges, fees, taxes, or assessments imposed, in which case, such business shall not be eligible to designate a Regular Member pursuant to Article III Section 2(a) of these Bylaws. 19D-17