| First of all, thank you to every homeowner who voted online, by proxy or in person! There were approximately 30 people who attended the Special Meeting last night. Before the Special Meeting started, about 65 homeowners had voted online, to which proxy, in-person votes and last-minute online votes were added, so that by end of the vote during the Meeting, there was a final voting tally of 87 of 104 eligible voters, 84% participation.
Votes on the Clubhouse options: 1. Demolish CH, convert area to communal park 2 2% 2. Demolish CH, build raised dance pavilion 2 2% 3. Repair existing CH in place 8 9% 4. Raise existing CH and repair storm damages 65 75% 5. Demolish CH, build new CH meeting coastal regs 10 12% Voting numbers for Option 4 exceed the standard the Board was seeking, a majority of votes over 50%. The Board will immediately pursue bids for raising the CH and all other aspects of implementing Option 4 concurrently, to the most efficient degree possible. As design plans progress, the Board will seek community input, and the community will be offered a say in design decisions. No commitments to major individual design elements will be made until there is fair assurance that the integrity of the presented design as a whole is possible. Votes on the Bylaws amendments: 1. Article II: Section 2 to allow Internet voting through the HV website: Yes: 86 99% No: 1 1% 2. Article IV: new Section allowing the Board to borrow and use assets and/or dues as collateral for any loan, and to pay back loan via dues: Yes: 80 92% No: 6 7% Abstentions: 1 1% Note: The new Section 9 reads in full, per the Notice to the Special Meeting of 9/5/2013: “No loans shall be obtained on behalf of the Association and no evidences of indebtedness shall be issued in its name unless authorized by a resolution of the Board of Directors and approved by a vote of the community. The Board may authorize the pledge and assignment of any common assets, regular or special assessments, and the lien rights of the Association as security for the repayment of such loans.” Per discussion from attendees at the Special Meeting, the Board will investigate an amendment to this new amendment, prior to the Annual voting Meeting in October, to require a higher level/% of community approval for any additional debt obligations, than the simple majority currently required by the Bylaws. |
