Quote:
Posted By NigelB on 01/20/2015 7:52 AM
Posted By JoyceR1 on 01/19/2015 11:25 AM
I have recently been elected as a treasurer to a board of 5 . There is only two new directors coming in. One week prior to the election the previous board sent out new rules and regulations for the campground. We will need to vote on this on our next meeting which is only one week after we were appointed. I don't think it is enough time for the two new members to review and give a sound vote on these changes. How can I postponed the voting ??
I would suggest that the two of you make a motion and second to table the new rules and regs until you both have an opportunity to fully review and make any changes. Of course the other three could overrule but that would hardly be the way to start with new directors.
As a new board member of our HOA I empathize with you. Our HOA holds board elections every other November (2 year terms), but the board approves annual contracts, and makes decisions on any increase in assessments during October which I feel is inappropriate because it commits potential new board members to a contract and assessment they never reviewed or voted on. I think a lot of this is done because most boards don't expect they will be replaced so it's business as usual. We are going to be instituting a new policy to ensure that annual contracts and any contemplated assessment increases are renewed or approved after the November election.
I understand your concern, but you should also consider that you may lose on a competitive price with a contractor you really like if you wait. I donβt know if your documents require a new budget be approved before the year ends β if so, it may be a bit much to get the new directors up to speed on everything (starting in November, people are thinking more about the holidays and may be inclined to approve something just to get it over with).
Our budget has to be with the homeowners by Dec. 1 (the board doesn't need homeowner approval to increase assessments unless it exceeds 5% over the current year) and we have Board elections every February (we have staggered elections). Could you have your elections earlier in the year - that would give the new people time to learn the ropes and evaluate the contractors performance and then when budget preparation starts in the fall, they'll have more information to use in making a decision.
If it is not right do not do it; if it is not true do not say it. Marcus Aurelius