The concepts outlined above form the foundation for the key voting rules that guide decision-making at the board table. Three primary rules exist:
Unweighted Corporate Vote — (14 Directors- Vernon Has 4)
This type of vote is used to decide matters that affect the corporation and all jurisdictions that comprise the regional district. Every director is entitled to vote and receives one vote. Unweighted corporate votes are used to determine a range of matters, including:
• establishing bylaws for services
o regulatory bylaws
▪ resolutions and bylaws on the conduct of the board's business (e.g.,procedure bylaws, the conduct of meetings)
• several issues under LGA Part 26 (planning and land use management)
Weighted Corporate Vote — (42 Weighted Votes- Vernon Has 17 )
Weighted corporate votes govern decisions on money matters, including the adoptionof the annual financial plan, borrowing,property acquisition and disposal, and key contracts. Each director on the board is entitled to vote; each receives the number of votes as determined by the voting unit. All votes accorded a director, incidentally, must be used as a block (i.e., all in favour, or all against).
Stakeholder Vote (Weighted) — For GVAC Stakeholder votes -Total 27 votes- Vernon has 17)
Stakeholder votes are used to make decisions related to the administration and operation of regional district services. Only directors representing jurisdictions that participate in the service in question are entitled to vote in stakeholder votes. All stakeholder votes are weighted votes; as such, each participating director receives the number of votes determined in accordance with the voting unit.
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