DeanJ
Posts: 1,786
Posts: 1,786
Posted:
This week was our annual meeting and the end of my term.
A meeting exceeded the quorum requirement x 3 - as usual. Several proxies were received from owners naming the board to represent their interest. No proxies were received assigned to any other persons.
The previous annual meeting minutes were approved.
The financial report was approved.
No one was claiming election fraud. My replacement was elected by acclamation from the floor.
No one was interrupting the meeting,
The 2026 budget was explained with the reserves are 100% funded as provided in the reserve study. (The Board has full authority to pass increases without owner approval)
The board I leave is completely competent to make prudent decisions for the community.
If I have learned anything from this forum, it is how much this HOA is in contrast to many I read about here. I believe there are a lot of reasons for this. Primarily it’s because everyone in this community can easily afford to live here, services are maintained at acceptable standards and cost, there is a good management company in place, reserve requirements are well defined and funded, the HOA has and uses a competent law firm for both advice and legal actions, the HOA has reasonable regulations in place and prudently enforces them, distrust of the board is minimal and the owners are satisfied attending an annual meeting , receiving a status report from the board annually and letting them do their job.
Although not without its challenges, it’s been a good 3 years and I would serve again if needed to fill a position.
A meeting exceeded the quorum requirement x 3 - as usual. Several proxies were received from owners naming the board to represent their interest. No proxies were received assigned to any other persons.
The previous annual meeting minutes were approved.
The financial report was approved.
No one was claiming election fraud. My replacement was elected by acclamation from the floor.
No one was interrupting the meeting,
The 2026 budget was explained with the reserves are 100% funded as provided in the reserve study. (The Board has full authority to pass increases without owner approval)
The board I leave is completely competent to make prudent decisions for the community.
If I have learned anything from this forum, it is how much this HOA is in contrast to many I read about here. I believe there are a lot of reasons for this. Primarily it’s because everyone in this community can easily afford to live here, services are maintained at acceptable standards and cost, there is a good management company in place, reserve requirements are well defined and funded, the HOA has and uses a competent law firm for both advice and legal actions, the HOA has reasonable regulations in place and prudently enforces them, distrust of the board is minimal and the owners are satisfied attending an annual meeting , receiving a status report from the board annually and letting them do their job.
Although not without its challenges, it’s been a good 3 years and I would serve again if needed to fill a position.