2023 Annual Meeting
June 8, 2023
The Annual Meeting of the PTVO Owners Association was held on June 8, 2023 at 10AM (ET) at the Club Wyndham Cypress Palms resort in Kissimmee, FL. The meeting was also broadcast online and a recording of the meeting is available here for 60 days.
If you'd prefer to watch only certain portions of the meeting, the Financial Report begins at the 6:18 mark, the Club Update begins at the 17:16 mark, and the Q&A begins at the 35:49 mark.
Election of Directors
At the 2023 annual meeting, there was one director seat up for election, to be elected by all of the voting interests. We only received one nomination for the one open seat. Thus, Ms. Jodi Rogers was re-elected by acclimation. Nominations for the 2024 election, a seat to be voted by all of the voting interests, are now being accepted and may be submitted below by 5PM (ET) on April 1, 2024.
Board of Directors Nominations
Interested in serving on the Board of Directors?
The Board consists of three members, with two seats elected by all of the voting interests (including Wyndham) and one seat elected solely by the non-Wyndham voting interests.
All Members in good standing (current on all Maintenance Fees) are eligible to serve on the Board of Directors. Members may submit their nomination via the website listed below. To be placed on the ballot, your nomination must be received no later than April 1st of each election year.
What is the role of the PTVO Owners Association Board of Directors?
The PTVO Owners Association Board of Directors is composed of three elected Directors, one of which is elected solely by the non-Wyndham voting interests. The role of the PTVO Board is to set policy and make decisions related to the operation of the Association, to set the annual Association Budget, to monitor the Association’s financials, to manage and maintain the whole units owned by the Association (units in which all 52 weeks are placed into the Club Wyndham Access Vacation Ownership Plan Trust), to enforce the Association’s governing documents, to represent the interests of CWA members in the owners associations that govern the resorts that are part of the Club Wyndham Access Vacation Ownership Plan, and to contract with professionals such as the management company, contractors, vendors, accountants, and attorneys. Each Director is elected for a three-year term, with the terms staggered so that only one Director is elected each year.
What are the qualifications to serve on Board of Directors?
Pursuant to the Association's Bylaws, the qualifications to serve on the Board of Directors are as follows:
- You must be in good standing. In other words, you must be current on your maintenance fees; and
- You must have prior experience on a governing board of a for-profit or non-profit corporation; and
- Prior experience reading financial statements and working with budgets in excess of $10 million is preferred.
All nominations will be reviewed by the Nominating Committee. Those nominees who meet the qualifications will be placed on the ballot.
What happens if you're elected?
If elected, you will be expected to participate in three or more Board Meetings each year. Board Meetings are conducted via teleconference / Zoom. You will also be expected to attend the Annual Meeting of the Association in person. Directors are not compensated; provided, however, that in accordance with the Association's Reimbursement Policy, a Director may be reimbursed for the reasonable costs of any travel, meals, accommodations, or related expenses incurred by such Director in order to attend an Association meeting.