TMVOA has four voting classifications, which are described below.
Residential (Class A): Class A members are all of the owners of Residential Sites. A Class A member shall be entitled to one vote for each Residential Site. Owners of a Residential Site may delegate to a Lessee of that Site the right to vote by delivering written notice of such delegation to TMVOA.
Hotel (Class B): Class B members shall be all Owners who own a Lodge Site or all Lessees who lease and operate a Lodge Site. Each Class B member is entitled to one vote for each zoned Hotel Unit, Lodge Unit, Hotel Efficiency Unit or Efficiency Lodge Unit. A Class B member may assign to the manager of such Lodge Site all of the voting rights as a Class B member. MVOA shall recognize any such delegation of voting rights provided that it is in writing.
Commercial (Class C): Class C members shall be all those Owners who own and operate any type of service, commercial or retail business (except a Lodge Site), and all those Lessees who operate any type of service, commercial or retail business upon their Sites, in accordance with the Town LUO. A Class C member shall be entitled to one vote for each 250 square foot increment of space that is owned or leased by such member and used in furtherance of the operation of such business. The Owner and/or Lessee of any vacant service, commercial or retail space shall not be entitled to a vote as long as the service, commercial or retail space remains vacant.
Mountain Special Member (Class D): The Telluride Ski and Golf Company, LLC constitutes the entire Class D membership.