Assessment Increase – UPDATE

Assessment Increase – UPDATE

Lot Owners: Item #1 in the recent ballot was recently determined to have passed but has now been determined to have failed based on legal advice.

According to the bylaws an assessment increase requires passage by 66% of the ballots cast. This vote was 457 yes votes to 236 no votes.

That’s 65.945166%, literally less than a single vote, but after consulting with legal counsel it was determined that mathematical rounding in this case is not advised.

The majority of the lot owners have spoken and we thank you for your support and your desire to help improve a very old infrastructure and a park in much need of upgrades and improvements. You were the vast majority. Unfortunately, because of the bylaws, in this case the few nay sayers have spoiled it for the majority.

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