LAKEWOOD COUNTRY ESTATES LANDOWNERS ASSOCIATION, INC. BY LAWS
ARTICLE I
A. Name. The name of this corporation is LAKEWOOD COUNTRY ESTATES LANDOWNERS
ASSOCIATION, INC.
B. Location. The mailing address shall be PO Box 1433, Cedar Park, TX 78613.
The registered agent shall be as designated by the directors and filed with the secretary of
state.
ARTICLE II
A. Membership. Membership in the corporation is by written invitation and shall be
restricted to property owners of Lakewood Country Estates, a subdivision in Williamson
County, Texas as shown by the map of plat thereof, of record in the office of the County
Clerk of Williamson County, Texas. Members may resign at any time.
B. Dues. Dues shall be paid in advance, due in March and September or on other
schedules by special arrangement with the treasurer. Amount of dues will be established
by the membership at the annual membership meeting. Dues shall be used by the
corporation for maintenance of its property and for other activities as deemed appropriate
by the directors or membership.
C. Default in Payment or Dues. Members more than 60 days delinquent in paying
dues will lose all rights and privileges afforded by the association. Members more than
90 days in arrears will be dropped from the membership rolls. Members who are dropped
from the membership rolls and wish to reinstate their membership will be assessed a $75
reinstatement fee and 6 months dues in advance.
D. Owners of Tracts. In the event title to the tract of land is in the name of more than
one person then the membership shall be taken out in the name of only one of such
persons.
E. Record of Membership. The members of this corporation shall be those who
appear on the books of the company.
ARTICLE III
A. Annual Membership Meeting. The regular annual meeting of the membership
shall be held at a time and place designated by the directors. This meeting shall occur in
the month of September. Members will be mailed notification of the annual meeting not
less than 14 days before such meeting.
B. Called Membership Meeting. The directors of the Association shall call a special
meeting of the membership as deemed necessary by the directors or membership. The
purpose of this meeting shall be to inform the membership of the activities and financial
condition of the association. Members will be mailed notification of the called meeting
not less than 14 days before such meetings.
C. Voting and Procedure of Membership Meetings. Each meeting of the membership
shall be presided over by the President, or in his absence by the Vice President, or , in his
absence, the Secretary. Each member shall be entitled to one vote for each tract of land
owned by such member. It shall be required that 51% of the membership be voted in
favor of each resolution, issue or motion, including election and recall of directors,
otherwise, the matter being vote upon shall be deemed to be not supported by the
membership.
ARTICLE IV
A. Number of Directors. The number of directors shall be three (3).
B. Authority of Directors. The directors of the corporation, acting as a group, shall
have the general management of the business and affairs of the corporation.
C. Election of Directors. Directors of the company shall be elected by the
membership at the annual membership meeting.
D. Term of Office of Directors. Unless removed in accordance with these By Laws,
each director shall hold office for the term of one year from his election and until his
successor shall have been elected.
E. Annual meeting of Directors. Immediately following the election of each new
Board of Directors, such newly elected directors shall meet for the purpose of election of
officers and for such other business as the directors may desire to transact.
F. Called Meeting of Directors. The President or majority of the directors may call
special meetings of the directors, such call to be by written notice delivered to each
director at least two days before such meeting, which notice may be waived by the
directors by a written instrument.
G. Voting and Procedure of Directors Meting. Each director meeting shall be
presided over by the Chairman of the Board of Directors who shall be elected by the
directors among themselves at the annual meeting. A quorum for the transaction of
business shall be two directors. A majority of the quorum shall decide all matters voted
upon.
H. Removal of Directors. Removal of directors shall require a majority vote of the
membership. Request for a recall vote mush be accompanied by a petition signed by
25% of the membership.
ARTICLE V
A. Number of Officers. The officers of the corporation shall be a President, at least
one Vice President, a Secretary, a Treasurer and such assistant secretaries, assistant
treasures, or other officers as may be elected by the Board of Directors. Any two of more
offices may be held by the same person except the President and the Secretary shall not
be the same person.
B. Election and Term of Officers. The officers of the corporation shall be elected by
the directors at the annual directors meeting and shall serve for the term of one year and
until his successor shall have been duly elected.
C. Removal of Officers. Any officer of the corporation may be removed at any time
by the directors without cause, but such removal shall be without prejudice to the contract
right, if any, of the person so removed.
D. Vacancy of Office. A vacancy in any office may be filled by the directors for the
unexpired portion of the term.
E. Duties of Officers. Each officer of the corporation shall have all the rights,
powers, duties, and privileged usually incident to his respective office in an ordinary
private corporation for profit.
F. Salaries of Officers and Directors. No salaries shall be paid to the officers and
directors of the corporation, however, their membership dues will be abated throughout
the course of the time served.
ARTICLE VI
A. Certificate of Membership. Certificates representing membership in the
corporation shall be in the form of a signed membership roster. The roster shall be
signed by the President or Vice President and by the Secretary or Assistant Secretary.
ARTICLE VII
A. Seal. The corporation shall have no corporate seal.
B. Amendment of by-laws. These by-laws may be amended by the membership upon
the affirmative vote of 51% of the membership in the corporation.
I hereby certify that the above and foregoing By Laws were adopted by the Board of
Directors of Lakewood Country Estates Landowners Association and its members by
ballot in the month of March 1987.
ARTICLE VIII
A. LCELA Members (dues payments are up to date) must register when using the Lake facilities
by recording their names and the number in their parties in the box near the entrance of the lake.
B. Non-members must be accompanied by members when using the lake facilities. This rule
does not apply to immediate family members not living at home, or any family members living
at home. Non-adult family members (nineteen years or younger) can bring up to three friends
during a visit.
C. Members must register with directors if they camp overnight at the lake or if they wish to reserve
the lake pavilion for their family.
D. Members are allowed only one guest boat per visit.
E. Each member is responsible for cleaning up his/her trash while at the lake.
F. No admission will be charged by members to guests using the lake facilities.
G. Parties of ten or more people require a majority approval from the board of directors.
H. The allowed hours of use for the lake and park area is 6:00 am until 10 pm. The lake and
park are closed after 10 pm, unless prior approval has been provided by the board of directors.
I. Lake restrictions include:
- All fishing is catch and release only.
- Motorized boating with electric trolling motors. No personal water craft or wave runners
permitted.
- Canoeing and kayaking are permitted.
- Swimming is permitted. Swimmer assumes all risks.
J. The board of directors, at its sole discretion and with just cause, can revoke the membership of
an LCELA member and impose a fine. Such revocation removes the ability of the member, family
and friends to access the LCELA Park for a period of time determined by the Board of Directors.
Just cause for this revocation includes, but is not limited to:
- Non-adult family members using the lake after dark or bringing more than three (3)
friends to the Park without adult supervision.
- Not honoring the catch and release program for fishing.
- Using a motorized boat with an engine greater than 25 hp.
- Allowing friends or other non-members to gain access to the Park without an LCELA
member being present.
- The LCELA member, their family or friends causing damage to be done to grounds and
facilities in LCELA Park including the gate, the pavilion, the jetty and the electrical services. In
such events the individuals responsible will also be required to pay replacement costs for all
damage done.
Adopted by Ballot March 1987
article II-C amended
9/24/93
article II-A,III-A,III-B, IV-E,VI-A and VI-B amended 9/30/96
Adopted by ballot
10/9/2005
New Article VIII