BruceC2 (Virginia)
Posts: 54
Posts: 54
Posted:
OPTION 1: Vdot of which 50% will be paid by the county through Federal money. Problem Restrictions are 15ft short of what VDOT wants from the middle of the road. This is a deeded right of way which means all 55 homeowners have to deed the right of way. An escrow agreement would have to be signed also to pay the other
50% the problem is any homeowner can refuse and stop this course.A vote on DEC 28 showed 25 in support 8 not this leaves 22 to have to account for what they would do. I have already had our county board supervisor in the meeting,I have already had talked to the county attorney and the VDOT Engineer without 100% approval of the land owners this is no longer an option.
OPTION 2: Raise the road funds: According to what I have found in 1981 the road fund was 35.00 in 1989 it was increased to 75.00 with the stipulation that it would never be raised again as seen from time to time, meaning a 3/4 a majority to raise the road fund.
OPITION 3: The Fidicuary duties is to make sure that the roads have sufficent funding if 1 and 2 are no longer an association an option then the Board has to except responsibilty (SPECIAL ASSESSENT) The Articles I have Posted Refer to controlling Documents and Members and Voting Rights. Thed information I get from this site only and only gives me more clearer questions to ask our HOA/POA ONLY ATTORNEYS by our meetings week after next. THIS LEADS to more questions about our controlling documents please see pages 1-10 for possible info.
50% the problem is any homeowner can refuse and stop this course.A vote on DEC 28 showed 25 in support 8 not this leaves 22 to have to account for what they would do. I have already had our county board supervisor in the meeting,I have already had talked to the county attorney and the VDOT Engineer without 100% approval of the land owners this is no longer an option.
OPTION 2: Raise the road funds: According to what I have found in 1981 the road fund was 35.00 in 1989 it was increased to 75.00 with the stipulation that it would never be raised again as seen from time to time, meaning a 3/4 a majority to raise the road fund.
OPITION 3: The Fidicuary duties is to make sure that the roads have sufficent funding if 1 and 2 are no longer an association an option then the Board has to except responsibilty (SPECIAL ASSESSENT) The Articles I have Posted Refer to controlling Documents and Members and Voting Rights. Thed information I get from this site only and only gives me more clearer questions to ask our HOA/POA ONLY ATTORNEYS by our meetings week after next. THIS LEADS to more questions about our controlling documents please see pages 1-10 for possible info.