A Special Meeting has been scheduled for September 13, 2011 at 6:00PM. At that time you are to vote on two proposed amendments.
The First Amendment, if approved, will allow our community to add funds to its’ capital account. These funds will be dedicated for our use, and cannot be utilized by the developer.
The Second Amendment, if approved, will provide language that will be of help to our attorneys in holding lenders responsible for debt (H.O.A. Dues) that has accumulated during their ownership of various properties.
Banks, and other lenders, nationwide have not been very responsible in paying H.O.A. Fees or other expenses that are theirs. This creates a shortfall in our budget. Our homeowners have been picking up this tab.
Both of these amendments are intended to benefit the homeowner by adding funds into the capital account, and to pursue those who have not paid their fees.
Your vote is just that – YOURS'. Make your decision in an informed way. Regardless of your position make sure you VOTE.
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