Annual Shareholders Meeting

Date:  Thursday, September  25, 2025
Time: 6:00 pm 

Location: Valley of the Falls Community Church.

Zoom Link: Click here to join meeting: Only Zoom connections showing the full name of the connecting shareholder will be allowed to join the Zoom session. 

CLICK HERE TO JOIN MEETING (Zoom link)

Background information and supporting documents for the meeting have been posted here (below the meeting agenda). Additional information will be posted here as it becomes available in the days before the meeting.

Meeting Agenda

• Welcome and introductions of visitors and invited participants.

• Comments from shareholders.

• Financial status discussion. The discussion will include a summary of our past 5 years of income and expenses, including history of rate increases, and discussion of future rate increases.

• Discussion and vote on payment for lawsuit; whether one-time special assessment, or work it into a rate increase.

• Discussion and vote on proposed amendment to our Bylaws. The proposal would require binding arbitration in place of court lawsuits, with the intent to reduce costs of resolving any future disputes.

• Vote to fill three positions on our board of directors. Three positions are expiring ("termed out") this year. Nominations will be accepted during the meeting. Nominees will be given the opportunity to make a brief statement before the vote is conducted.

PER OUR BYLAWS: ONLY SHAREHOLDERS IN GOOD STANDING WITH NO OUTSTANDING BILLS, OR PAID CURRENT ON A PAYMENT PLAN, WILL BE ABLE TO VOTE OR HOLD A BOARD POSITION.

Note: The meeting agenda is subject to change until 24 hours before the meeting.

Proxy

If you will be unable to attend the meeting, please provide a signed proxy form or written proxy statement (sample provided below) to someone who will attend the meeting.

Per our Bylaws, proxies are due no later than three days before the shareholders meeting. This means proxies are due this year by Monday evening, September 22, at 6:00 PM. They can be emailed to us at: Secretary@ForestParkMWC.org. Submitted proxy forms will be validated (e.g., to verify the shareholder is in good standing).

Proxy can also be submitted via email, provided we can verify independently/offline that the email address is yours and proxy form/statement is valid.

The law does not require any particular form be submitted to count as a valid proxy. However, you can use this form: CLICK HERE TO GET BLANK PROXY FORM

Or you can copy the following text into an email message, modify as you see fit, and email it to Secretary@ForestParkMWC.org

Pursuant to Article 2, Section 12, of the Bylaws of Forest Park Mutual Water Company, I hereby tender proxy to any member of the Board of Directors to vote my share(s) of stock for a term not to exceed eleven months from the date this proxy is sent via email. This proxy shall be valid for any and all matters related to the governance of Forest Park Mutual Water Company, including Attendance and voting at any and all shareholder meetings thereto. I am entitled to vote [insert number here] share(s) of stock in Forest Park Mutual Water Company.

If you send email, be sure to include your full name as it appears on title to the property, who specifically is the person appointed as proxy, and number of shares you are entitled to vote. Please provide your current phone number in the email message so we can call and verify the validity of the email and proxy.

Lawsuit

CLICK HERE FOR A PDF COPY OF THE LAWSUIT
(2nd amended version).  

The lawsuit is related to the meter installation project that was completed in 2024. To satisfy concerns raised by shareholders at the time of the meter installation project, and to help shareholders new to our neighborhood since then, the water company published a page providing background information on the project and addressing concerns raised by shareholders.

Click here to see the meter project info page.

Click here for a July 2024 letter from our attorney describing the funding of the project.

Proposed Amendment to our Bylaws: Binding Arbitration

Originally announced on April 23, 2025, the board of directors is proposing we amend our Bylaws to require binding arbitration as our legal dispute resolution mechanism. 

The motivating intention of this amendment is to save substantial amounts of both time and money on resolving any future disputes. Legal fees associated with lawsuits are expensive. Because we wish to minimize costs it is important for Forest Park Mutual Water Company to ratify this binding arbitration amendment to our Bylaws that we expect will expedite resolution of any future legal disputes and significantly reduce associated costs.

CLICK HERE  FOR A PDF COPY OF THE PROPOSED AMENDMENT

Payment Plan Now Available

As of June 15, 2022, we are offering the option to pay your annual water bill in six payments, one payment ever two months.

Your account with us must be paid in full, or you must be paid current on an agreed-upon payment plan in order to vote at the Annual Shareholders Meeting.

Click here for more information