TimB4 (Tennessee)
Posts: 21,059
Posts: 21,059
Posted:
Background - Some of you may recall that my Associations governing documents are very poorly written. Simple example - they didn't allow the Association to enforce the covenants, called the Association a Residents Association vs. a Homeowners association and fixed the annual assessment (which won't keep up with inflation - must change CC&Rs to increase).
The board proposed amendments that will address many of the issues with the covenants. The changes, if adopted, won't take effect until 2031 but at least the foundation will be in place.
Some members have indicated that why should we vote for changes now - we don't know what will happen in 7 years (proverbial kick the can down the road) so wait until then to consider changes.
Other than acknowledging the truth, that we don't know what will happen in seven years, how else can one respond?
The board proposed amendments that will address many of the issues with the covenants. The changes, if adopted, won't take effect until 2031 but at least the foundation will be in place.
Some members have indicated that why should we vote for changes now - we don't know what will happen in 7 years (proverbial kick the can down the road) so wait until then to consider changes.
Other than acknowledging the truth, that we don't know what will happen in seven years, how else can one respond?