A PLACE TO BE

A PLACE TO BE

Thursday, December 26, 2013

CRUX OF THE MATTER

In my twelve years living here nary a Director found it fitting to have owners ratify a Board decision on material alterations or substantial additions. Why is that? Our Declaration of Covenants demands it. Our Restated Bylaws demands it. Instead of ignoring it, why don’t Directors demand it?
This set-in-stone twice spelled-out law declares that any decision made to materially alter or substantially add things to the Common Grounds must be ratified by a majority of three fourths of owners who attend a ratification meeting instead of a majority of three fourths of the membership (768 owners). How hard is that?
The only times I hear a Director talked about ratification is when confronted and just recently when it was totally distorted as somehow being associated with the Cowen lawsuit. If Directors need a guideline in defining substantial as it relates to money spent, all they have to do is to remember their regulation that $7500 is their substantial amount requiring three bids. If they need a guideline to define substantial as to the magnitude, all they have to remember is their recently passed building code where they define substantial as being fifty percent of an existing structure.
So why don’t they get their defining heads around this, any new additions to Common Grounds needs ratification if either costs exceed $7500 or the extent is fifty percent larger than a current to no addition.
It’s time to obey LIV laws and allow concerned members of the Association their right to ratify the altering or adding decisions to our Park.
Comments

No comments: