TammyC3 (New Mexico)
Posts: 102
Posts: 102
Posted:
Hello..... again!
144 lots. 1 lot = 1 vote. Less than 15 full time residents totaling 30 votes. Returned Ballots from non residents can be counted on one hand ... er ... finger. 10 residents show up to all annual meetings. 5 are board members.
Developer is still hanging on, 19 years and counting. The Developer holds 49 votes. (30 lots never sold, 19 repossessed). The developer has delivered their votes by proxy (via BoD officer/friend). Recorded 'Release of Control' occurred in 2007, at "108 lots sold". The developer has sold less than 5 lots since 2007.
75% majority to change CCRs. 2/3 majority to amend Articles. Neither mention proxy votes.
The 'new' packet of docs being billed as 'current' docs, includes bylaw amendments that are contrary to statute and (never heard of before) amendments to the CCRs. One interesting CCR change: "The Declaration of Covenants, Conditions and Restrictions for XXX Subdivision provide for the owner of each lot within the subdivision, other than us, to pay the Association regular assessments and special assessments each year ....".
The Board wonders who "us" is!
Directors have concretely determined that the 'amended' bylaws are non-compliant w/6 statutes, and egregious in their attempt to strip landowners of their voice and revenues from the association.
In considering amendments that serve all landowners, we have discussed eliminating voting by proxy.
What pitfalls are there when eliminating proxy votes?
Are considerations for 'in person' or 'resident only' votes a waste of time when CCRs state: 1 lot = 1 vote, 1 class?
Thanks .... again!
Tammy
144 lots. 1 lot = 1 vote. Less than 15 full time residents totaling 30 votes. Returned Ballots from non residents can be counted on one hand ... er ... finger. 10 residents show up to all annual meetings. 5 are board members.
Developer is still hanging on, 19 years and counting. The Developer holds 49 votes. (30 lots never sold, 19 repossessed). The developer has delivered their votes by proxy (via BoD officer/friend). Recorded 'Release of Control' occurred in 2007, at "108 lots sold". The developer has sold less than 5 lots since 2007.
75% majority to change CCRs. 2/3 majority to amend Articles. Neither mention proxy votes.
The 'new' packet of docs being billed as 'current' docs, includes bylaw amendments that are contrary to statute and (never heard of before) amendments to the CCRs. One interesting CCR change: "The Declaration of Covenants, Conditions and Restrictions for XXX Subdivision provide for the owner of each lot within the subdivision, other than us, to pay the Association regular assessments and special assessments each year ....".
The Board wonders who "us" is!
Directors have concretely determined that the 'amended' bylaws are non-compliant w/6 statutes, and egregious in their attempt to strip landowners of their voice and revenues from the association.
In considering amendments that serve all landowners, we have discussed eliminating voting by proxy.
What pitfalls are there when eliminating proxy votes?
Are considerations for 'in person' or 'resident only' votes a waste of time when CCRs state: 1 lot = 1 vote, 1 class?
Thanks .... again!
Tammy