Thursday, May 8, 2014

What A Board Should Take Away From The Palm Decision

With the recent publication of the case of Palm v 2800 Lake Shore Drive Condominium
Association, the First District Appellate Court put Cook County condominium associations on notice of a number of key issues that impact their governance. Before we embark on an analysis of the case, it should be noted that the findings in the Palm Order are specific to the governing documents and facts at issue in that case. With a few exceptions, the court’s conclusions confirm what should have already been common practice in the industry. In other instances, the court’s conclusions are surprising and require discussion. Below is a brief road map of the complicated Order:

Conducting Business in Closed Sessions
The Palm Order states that the phrase “conducting board business” in Section 2(w) of the Illinois Condominium Property Act (“ICPA”), that defines a “board meeting,” encompasses discussions by a gathering of a quorum of the board. Notably, the court found that this includes activities by a board in what are commonly referred to as “workshops” where boards meet to discuss, but not vote on, association matters. This is an expansion of what was otherwise the understanding in the industry as to what constitutes a board meeting, and as to the use of workshops where no decisions are made. Under the Palm Order, not only must all board voting occur at meetings open to owners, so must all board discussion or consideration of association matters, except for discussion or consideration of the three specified exceptions set forth in Section 18(a)(9) of the ICPA. Accordingly, notice must be provided for, and owners permitted to attend, any gathering of a quorum of the board where association business will be discussed or considered. This includes workshops attended by a majority of the board, even if no vote is to be taken. Importantly, votes on matters permitted to be discussed or considered in executive session must be taken at meetings or portions thereof open to owners.

Voting By E-Mail and Canvassing of Board Members
E-mail voting/decision making or written canvassing of board members to make decisions is not permitted under Section 18(a)(9) of the ICPA. These decisions must be made at meetings of the board for which notice has been issued and open to owners. This impacts decisions even as routine as whether or not to waive an association’s right of first refusal. While surprising to must board members, this has long been the law in Illinois. The ICPA requires that decisions of the board, and any vote on matters discussed in meetings or portions thereof permitted by law to be “closed” to owners (“executive session”), be made at board meetings, or portions thereof, open to all owners, called on at least 48 hours prior notice. E-mail should not be used for the purpose of discussing any association matters. E-mail should be used as a substitute means of delivery for what might otherwise be delivered by mail or in person (other than for items, like notices of meetings, that must be mailed or personally delivered—unless the party entitled to notice has agreed to accept notice by e-mail).

Emergency Decision Making
The ICPA governs the forum in which decisions of the board of managers are to be made. The ICPA requires that decisions of the board, and any vote on matters discussed in meetings or portions thereof permitted by law to be “closed” to owners (“executive session”), be made at board meetings, or portions thereof, open to all owners, called on at least 48 hours prior notice. It must be noted that neither the ICPA nor the Palm Order provide for emergency Board meetings called on less than 48 hours’ notice, or for informal Board decisions (emergency or otherwise) to be made outside of duly called and held bard meetings—these actions could be deemed a breach of fiduciary duty.

Board Vote on Contracts/Delegation
In Palm, the association’s declaration granted the board authority to delegate its contract power to a management company. The association’s management agreement permitted the managing agent to enter into certain contracts with approval of at least three officers of the board. The association’s declaration authorized the board to allow the management company to enter contracts on behalf of the association. However, there is no authority for the board to delegate power to the management company to enter contracts with approval by less than the entire board. The board has two options: It can either (1) delegate the power to enter contracts without board approval or (2) delegate the power to enter contracts with full board approval (meaning it must be considered by the full board). The Palm Order also calls into question the use of board appointed “commissions” to do the board’s business in the absence of express authority in the declaration, and notes that any business of the board must necessarily be conducted by the entire board. With these issues in mind, each association must review its governing documents to determine what can and cannot be delegated.

Transferring Surplus Association Income to Reserve
In Palm, the court found that the board breached its fiduciary duty by transferring surplus income to the association’s reserve account at the end of the year. The court stated that the board should have credited the surplus against unit owners’ future assessments, as required by the declaration in Palm. This finding was based on specific language in the declaration for that association. To determine if this is finding is relevant to your association, a close review must be made of the governing documents.

Commingling of Operating Funds and Reserve Fund
In Palm, the board breached its fiduciary duty by using the operating fund to pay reserve expenses and reimbursing the operating fund from the reserve. Therefore, bills should be paid from the operating account and not the reserve account. Expenditures for items for which the reserves account is established need to be paid from the reserve account.

Notice Procedures
In Palm, the association’s declaration required that all meetings of the board be mailed to owners no later than 48 hours prior to such meeting. The association’s practice was to mail notice of board meetings to nonresident owners, but to deliver such notices to resident owners by leaving the notices in front of the unit owners’ doors. Notices, based on the language of the declaration, must be mailed to owners and not merely left at the owners’ doors. Therefore, under its existing governing documents, the board breached its fiduciary duty in failing to mail all notices of board meetings.

General
While the above information outlines the major issues raised in the Palm Order, contrary to popular belief, the sky is not falling. Boards should work closely with their management and legal counsel to craft a working plan on the day to day function of the Association. There is no “one size fits all” way to address the points raised in the Palm Order. In most cases a review of existing association governing documents and operations will help your attorney, management and board decide what may need to be changed to avoid similar claims to those raised in Palm.

                                                                   Michael G. Kreibich






http://www.acmweb.com/Form/21262~74564/Management-Proposal




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