OT 2026 Annual Meeting Vote Information
2/19/2026
2/19/2026
Leading up to the 2026 Olmos Tower Annual Meeting, Owners have the opportunity to vote on two items:
1. Bylaw Amendment and
2. Four Board Candidates
1. Bylaw Amendment and
2. Four Board Candidates
OT Bylaw Amendment
Bylaw Amendment Summary: In order to better represent our Owners, welcome fresh ideas and diverse perspectives, the Board reviewed our Governance Documents to determine the required number of Board Members. Our 1998 Bylaws were never updated to reflect the Board expanding beyond the initial 3 members. This proposed amendment updates the Bylaws to allow flexibility in the number of Board members while remaining fully compliant with all governing documents and legal filing requirements with Bexar County.
The current language is:
Article 2.1 – Number and Term of Office
The Board shall consist of three directors initially selected by Declarant to serve for a term of one year and continue in such capacity (unless removed by Declarant) until the First Meeting. At the first meeting the directors shall be elected to serve staggered terms for a duration of one (1) year, two (2) years and three (3) years respectively. A director takes office upon the adjournment of the meeting or balloting at which he is elected or appointed and, absent death, ineligibility, resignation, or removal, will hold office until his successor is elected or appointed. The number of directors may be change by amendment of these bylaws, but shall not be less than three.
Would be replaced with:
Article 2.1 – Number and Term of Office (Amended):
The Board shall consist of a minimum of three (3) Directors. The Board may increase the number of Directors as necessary to meet the demands of the Olmos Tower Condominium Association.
Article 2.1 – Number and Term of Office
The Board shall consist of three directors initially selected by Declarant to serve for a term of one year and continue in such capacity (unless removed by Declarant) until the First Meeting. At the first meeting the directors shall be elected to serve staggered terms for a duration of one (1) year, two (2) years and three (3) years respectively. A director takes office upon the adjournment of the meeting or balloting at which he is elected or appointed and, absent death, ineligibility, resignation, or removal, will hold office until his successor is elected or appointed. The number of directors may be change by amendment of these bylaws, but shall not be less than three.
Would be replaced with:
Article 2.1 – Number and Term of Office (Amended):
The Board shall consist of a minimum of three (3) Directors. The Board may increase the number of Directors as necessary to meet the demands of the Olmos Tower Condominium Association.
Board Elections
2-Year Term, Starting February 20, 2026
2-Year Term, Starting February 20, 2026
If the Owners approve the Amendment to the Bylaws (listed above) at the Annual Meeting on Thursday, February 19, 2026, the Board chooses to increase its membership from five to six members. This adjustment aligns with the provisions set forth in the OT HOA Declarations and Bylaws. By expanding the Board, we aim to welcome fresh ideas, diverse perspectives, and enhance the representation of our Owners. Due to this change in Board composition, four Board positions are available on the ballot for the upcoming Annual Meeting.
If the Amendment is not approved, then only one position will be deemed open, and the top vote getter will be elected. In case of a tie vote, the current board will make a selection.
It is important to note, in order to be elected a nominee must receive votes equal to at least 51% of the quorum for the Annual Meeting.
The following are the four candidates (in alphabetical order) for a two-year term starting February, 20, 2026: Gail Gifford (205), Kate Badash (402), Don Gray (505), and Bob Oliver (1303).
If the Amendment is not approved, then only one position will be deemed open, and the top vote getter will be elected. In case of a tie vote, the current board will make a selection.
It is important to note, in order to be elected a nominee must receive votes equal to at least 51% of the quorum for the Annual Meeting.
The following are the four candidates (in alphabetical order) for a two-year term starting February, 20, 2026: Gail Gifford (205), Kate Badash (402), Don Gray (505), and Bob Oliver (1303).