Did you notice that all of the $14,000 of the reserve account ILLEGALLY obtained for NON common property has "disappeared" from the budget, just as it once did before?
By ORS the Board of Directors are required to maintain a reserve account and not deplete it and leave it unfounded for the years to come. They are suppose to get voter approval to stop payments to the reserve account, and they are suppose to conduct a reserve study before increasing fees of a reserve account as well!!
I fought them all year about the required reserve and the HOA (unprofessional lawyers) blew me off for as long as they could, but realized in the end thy they were wrong and I was right all along.
They have admitted the Board has been misinterpreting and misapplying the CC&Rs, but by board member action they simply DO NOT CARE and will continue the status quo as they see fit (as they announced in the December 2011 letter).
It's this type of ignorant and indifferent behavior towards the fiduciary duty each board member has to the homeowners of this association that is going to land them in court this year. Once and for all they will be told (directed) by a judge that they have to abide by the ORS governing planned communities and if they intend to enforce the CC&Rs, they have to do so according to what they say and NOT how they misinterpret them and do as they please.
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