Board of Directors > Definition of Board of Directors

BOARD OF DIRECTORS:

There are seven members of the Board of Directors who are elected for a term of two years each by the property owners at the Annual Meeting. Not all members are up for election in a single year, but are staggered in an every other year format. Four seats in one year, the other three the next year. The members of the Board must be property owners in Taberna. They are volunteers and serve without compensation solely for holding such office. There is no rule against having Board members serving more than one term.

Upon election, the Board meets and selects its Officers for the year. These are usually chosen from the members of the Board, but do not have to be. The Officers also serve without compensation for holding such offices. Officers may serve more than one term.

Members of the Board of Directors are to act as representatives of the property owners of Taberna and its various Sub-associations in the everyday overall management of the Community. As such they are expected to abide by and uphold the Covenants and By-laws in order to protect and maintain the Community and its standard of quality; supervise the Officers and various Committees; and interface with both the City of New Bern and Craven County regarding issues that may arise that impact Taberna and its residents. They are responsible for the fiduciary condition of the Association through the use of budgets and the adherence thereof. They also may put forward to the property owners suggestions for various projects that they deem as beneficial to the overall promotion of Taberna's property values and esthetics.

OFFICERS

PRESIDENT:

He or she is the Chief Executive Officer of the Association and presides at all meetings of the Property Owners and of the Board of Directors. He/she has executive powers and general supervision over the affairs of the Association and other Officers. The President signs all written contracts, and shall perform and have the powers necessary to perform all of the duties incident to this office and that may be delegated to him/her from time to time by the Board of Directors.

VICE-PRESIDENT

He or she performs all of the duties of the President in his/her absence and other such duties as may be required from time to time by the President and/or the Board of Directors.

TREASURER:

The holder of this position has custody of the Association's funds and securities and is responsible for full and accurate accounts of receipts and disbursements in books belong to the Association. He or she presents to the Board on a regular basis a report of financial condition of the Association. The Treasurer is responsible for the invoicing and collection of assessments and presents a status report on a regular basis of any delinquent accounts. Working with the Finance Committee, the Treasurer puts together the annual Budgets
for the Master and Sub-Associations for presentation to the Board and the Homeowners. He/she is also responsible for the filing of appropriate tax returns and all other areas dealing with the financial aspects of the Association.

SECRETARY:

This position issues notices of all Board of Directors' meetings and all meetings of the Property Owners. The Secretary attends these meetings and keeps the minutes of same, and is responsible for the safekeeping and updating of the Association's books, records, and papers. He/she also is responsible for the collection and distribution of incoming mail.