Quote:
Posted By JohnC46 on 03/09/2021 3:53 PM
Excerpt from Davis Sterling concerning Speed Bumps:
Funding from Reserves. However, private streets are existing reserve items and should include safety features such as reflectors, striping, signage and the like. These are components that legitimately fall within the discretion of the board of directors. If the cost to install speed bumps is reasonable, it could justifiably come from street reserves. If the cost is significant and reserves are insufficient, it would require a special assessment to pay for the installation of speed bumps. If a safety concern can reasonably be demonstrated and the cost to install is a small percentage of the street funds, I suspect a judge would side with the board on using reserve funds for that purpose.
What you are quoting is NOT an excerpt from Davis-Stirling, which is part of California Civil Code, specifically for the governance of HOA's in California. What you posted is an attorney's opinion about the subject.
This same attorney cost an association $250K for their legal opinion, WITTENBURG v. BEACHWALK HOMEOWNERS ASSN.(2013) 217 Cal.App.4th 654
Their Recommendation:
Since this issue is open to debate, boards should discuss with legal counsel how best to balance safety and cost concerns related to reserve expenditures.