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March 3, 2022
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Nels Anderson
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Rule 1: Interpretation
1.1 Definitions
In these Rules:
[a] “Act” means the Cooperative Association Act of British Columbia S.B.C. 1999, c. 28, as amended;
[b] “CHF BC” means the Co-operative Housing Federation of British Columbia; (removed by May 8th, 2019 Special Resolution)
[c] “CHF BC Director” means those Directors appointed by CHF BC pursuant to Rule 17.4; (removed by May 8th, 2019 Special Resolution)
[d] “Co-op” means First Avenue Athletes Village Housing Co- operative;
[e] “Director” means any one director of the Co-op;
[f] “Directors” means the directors of the Co-op acting collectively as the board of directors;
[g] “Memorandum” means the memorandum of the Co-op;
[h] “Occupancy Agreement” means the form of occupancy agreement attached as Schedule A to these Rules;
[i] “occupancy charge” means the amount due by the member to the Co-op on a monthly basis on account of occupancy of the Unit and as determined by the Co-op under the Occupancy Agreement;
[j] “ordinary resolution” means a resolution of the members of the Co-op that is passed at a duly called general meeting by a simple majority of the total votes cast by the members who are entitled to vote on the resolution, or alternatively, a resolution that is submitted to all members who are entitled to vote on the resolution and passed by being consented to in writing by three-quarters of those members;
[k] “Rules” means these Rules, as amended or replaced from time to time, including every schedule to these Rules;
[l] “share” means a membership share of the Co-op;
[m] “special resolution” means a resolution of the members of the Co-op that is passed at a duly called general meeting by a majority of two thirds of the total votes cast by the members who are entitled to vote on the resolution, or alternatively, a resolution that is submitted to all members who are entitled to vote on the resolution and passed by being consented to in writing by all of them; and
[n] “Unit” means the residential premises owned or operated by the Co-op for which a member has entered into an Occupancy Agreement to occupy on a full-time basis.
1.2 Cooperative Association Act definitions apply
Words that are not specifically defined in these Rules have the meanings assigned to them in the Act.
1.3 Cooperative Association Act governs
If there is a conflict or inconsistency between the Act and these Rules, the Act governs.
1.4 Occupancy Agreement attached as Schedule A
The terms and conditions of the Occupancy Agreement attached as Schedule A to these Rules shall be binding upon each member and the Co-op with respect to the occupancy of the Unit by the member.
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