At least 60% of property owners must vote, and 75% of those votes must be “yes” for the board's recommended amendment to pass and avoid higher annual assessments.
At least 60% of property owners must vote, and 75% of those votes must be “yes” for the board's recommended amendment to pass and avoid higher annual assessments.
The proposed amendment is forward-looking, financially prudent, and designed to transition us to a sustainable revenue stream before funding gaps occur in the years ahead. The board recommends a "yes” vote.
This proposed fee removes the burden of funding reserves from existing owners by requiring new buyers to pay a one-time fee equal to one year’s annual assessment (which was $2,279 for 2026).
