February 20, 2012 - Ballots have been counted concluding four weeks of discussion about Association finances and services. A record 81% of the eligible owners participated in this budget election. As with prior votes, the ballots were certified by a non-board member. While there were many opinions expressed, most everyone agreed to accept a majority vote and work together.
Dues for 2012 will be $77.44 a month, a 6% increase over 2011.
We thank everyone for their comments and suggestions during the January 18th and February 11th community meeting, in the blog, via email and in today's meeting. .
Approved
Adding private property maintenance obligations
Approved
Adding a schedule for exterior painting
Approved
Adding a description of the Associations tax obligations.
Approved
Clarifying the requirements to carry insurance
Approved
Specifying the powers and duties of the Board of Directors.
Approved
Adding protection of the capital reserve fund
Approved
Updating the voting protocol
Approved
Establishing basic architectural standards
Rejected
Establishing community rules.
Rejected
Establishing Violation Fines
Capital Spending
This initiative was approved.
This initiative releases funds to reroof the community garage, replace the broken traffic spikes in the exit alley, and seal / paint the exit alley wall.
Add Oil Sealant to House Paint
This initiative was approved.
This initiative raises the funds to prime siding that has been damaged by the sun (the petroleum products burned out). This burning has cased streaking of the new paint, fading of the old paint, and increased the rate of deterioration of the siding.
Block Party
This initiative was not approved.
Fire lane Stripping
This initiative was approved.
This is to redo the fire lane which is fading. The fire lane is required by the City of Irving. The new stripe will be placed on the street (not the curb) to reduce the "apartment complex" look.
Management Contract
This initiative was not approved.
The Precision Property Management contract will be terminated. The accounting contract with Principal Management will stay in effect.
Lamp Post Bulb Service
This initiative was not approved.
This referendum is for the Association to replace burned out light bulbs (front lamp posts only) and repair electric eyes. This will ensure that the bulbs are a consistent color and wattage.
