Meeting Results: Budget and Bylaws Approved: New Assessment $176

Dear Neighbors,

First and foremost, thank you to all who have stayed involved by reading the website, filling out the survey, voting online, and coming to the meeting tonight.  The bylaws were approved and the budget has been adopted.

The bylaws will help guide the board and our members on the operation of the Association.  They will also provide a firm legal standing for the business that the Association conducts with respect to assessment collection and rules enforcement.

The budget has been adopted.  A majority of those who voted, voted in favor of the budget.  Therefore a majority of homeowners did not reject the budget to stop its adoption.  The new quarterly common expense assessment is $176 and will begin April 1, 2014.  Please pay attention to your upcoming invoices and remember to adjust any auto-payments you may have established.

For those that have not completed the Rules and Regulations Survey, please still fill it out at the link under the “Rules and Regs” tab.  We need and value your input.

Thanks,
Steve Tommell
President
Hidden Valley Association, Inc.

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