Co-op City Times 6/18/22

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Election Extension ––––––– Riverbay’s by-laws require 1/3 of eligible shareholders to vote in the annual Board election to validate the process for Co-op City shareholders to choose their representatives on the Riverbay Board of Directors. This is the third extension of this year’s Board election. The initial voting period ended on Friday, May 20, at which time, not enough votes had been cast to validate the election. As per the 2022 Election Rules, the election was then extended an additional two weeks to Friday, June 3, and then to Friday, June 17, after enough shareholders had still not cast their votes to make the quorum. Board Director Francine Reva Jones, chair of the 2022 Election Committee, said this week: “It is unfortunate that many shareholders neglect to take advantage of their right to vote in the annual Board of Directors elections. Shareholders should be aware that it is their responsibility to vote in this annual election. three extensions have been required in order to reach a quorum of 1/3 of the eligible shareholders, and one day. It is disappointing, to say the least. Some changes must be made and the Election Committee will make recommendations to the Board.” A voting incentive is being offered to inspire shareholders to vote in the annual Board election as has been the case for several years. This year’s Election Committee recommended and the Board approved offering a $500 incentive to the building or townhouse section with the highest voter turnout in the election. In addition, shareholders in the building or townhouse cluster who vote in the election will and third place prizes worth, $300, $200 and $100, respectively. Shareholders eligible to vote can return their completed ballot by mail, in which case, it must now be

Co-op City Times / June 18, 2022

Election Committee –––––

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postmarked by June 24, 2022. Ballots can also be completed online by logging into the YesElections portal at www.riverbayvotes.com. Once there, input mailed by YesElections to your home and register running in this year’s Board election. Shareholders who do not wish to vote for candidates may choose to “Abstain” on this year’s ballot, in which case, the ballot will be counted towards the quorum only. The Election Committee is asking shareholders who may have misplaced or lost their ballot to contact YesElections at 1-800-955-4597 to get a recan then use to vote online. In addition to soliciting the assistance of building/townhouse association presidents to encourage residents in their respective building and townhouse cluster to participate in the election as well as disseminating RoboCalls daily to shareholders, a voting kiosk manned by YesElections representatives was available June 9-11 on a rotating basis at each community center for those who wished to utilize the service to cast their votes. At this week’s Election Committee meeting, committee members voted to once again make a YesElections voting kiosk available in the Dreiser Auditorium so shareholders early election votes. The YesElections voting kiosk will be at the Dreiser Auditorium on: Wednesday, June 22, from 4-8 p.m. Thursday, June 23, 11-3 p.m. Saturday, June 25, 11-3 p.m. on the Riverbay Board include Raymond Tirado, LySpringer Jr., Ivy Gaynor, Aisha Hernandez Ahmed, Rod Saunders, Monique Coleman, Jacqueline Smith

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one is encouraging shareholders not to vote. This is extremely troubling and negative behavior. It is unbelievable that someone would do this. If you were email: riverbay2022election@riverbaycorp.com or contact the anonymous Whistleblower Hotline at 1-833-290-0009 (English), or 1-800-216-1288 The candidates are working extremely hard to and let’s continue to have faith in our community and strive for the quality of life that we deserve. If you have not yet done so, please make your voice heard by casting your vote and encouraging your neighbors to do likewise. Thank you. —Francine Reva Jones Chair, 2022 Election Committee election will each serve a term of three years. The three election forums where candidates debate issues and state their opinions on a variety of topics relevant to the community are shown on the Riverbay Crawler from 8 a.m.-2:30 p.m. and again from 5:30 p.m. to midnight daily, to allow those who may have missed the live broadcasts of the forums the opportunity to view them at their leisure and to get to know the candidates. Three election supplements were also published in the Saturday, April 30, May 7 and May 14, 2022 issues of the Co-op City Times which can be read online at issuu. com/cctimes. In addition to the Election Committee chair, Director Jones, and Riverbay General Counsel Jeff Buss, other members of the committee include shareholders Yvonne Allen, John Gale, Denise Gerrald, Sandy Krasnove, Marita Taylor, Jarasia Wilson and Dorian King. Riverbay General Counsel Jeff Buss oversees the work of the committee.

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