ACCT will be holding its Annual Meeting on Tuesday, April 17th, from 4 to 6pm at Vergennes Opera House. The business meeting and presentation of the 2017 Annual Report will be held from 4-5, followed by a light reception. A summary of highlights from the Annual Report is available now at www.addisontrust.org/annual-report. We hope you'll join us!
ACCT Adopts New Bylaws
At its monthly meeting on March 20, ACCT's Board voted to adopt new bylaws. The revisions are the culmination of several years of work to streamline governance of the organization while maintaining a strong role for residents. Some changes were necessary to reflect the current composition of ACCT residents; others will make ACCT more nimble in navigating the complex legal process needed to form multifamily housing partnerships, which are separate legal entities from ACCT. One key change was increasing resident membership on the board from one quarter to one third of board members.
In Summer 2016, ACCT called a Special Meeting of the Membership at which 24 members were present. The members gave their input into certain aspects of the bylaws, most notably conditions around the sale or transfer of land, and authorized the Board to amend the bylaws. The Board looked at many model bylaws, and after an 18-month revision process, the new bylaws are now in effect. They are available for download at www.addisontrust.org/acct-bylaws.
The Vergennes DRB is scheduled to review ACCT's proposed new housing development at Armory Lane on Monday night, March 26th. The Addy Indy covered the event here: http://addisonindependent.com/201803vergennes-sets-zoning-hearing-armory-lane-affordable-housing
Did you know SASH sponsors a number of programs at Armory Lane every month as part of a Community Healthy Living Plan? Here's the March plan, followed by the SASH Flash newsletter where seniors can keep up to date on how to participate!
ACCT staff members share news and information about upcoming events.