I saw this and given I am co-md to several communities, I have no idea what will happen. Jumperslash has 4 mods including the original comm creator, but I've been mod for 3 years now and the others have no interaction with the comm.

I saw something about voting and the like as well?

As always, LJ is doing something without thinking it through. If this is about dead comms, then they could just send emails to the listed mods saying "Hey, your comm will be deleted in 30 days unless you reply." I do hate the number of dead comms that are around.