This is not a reference to the Stage III fire restrictions that go into effect Friday. When a rumor is flying around the Village, it’s only fair that everyone get in on it. This rumor involves the agenda for the June 21st Annual Meeting.
Apparently someone is under the impression that the Declarant will be turning over the Association at this meeting. Furthermore, a new Board of Directors will be “selected”. And finally, the Association is broke.
Let’s break this rumor down. The notice of the 2018 Annual Meeting was posted on the blog on May 10. The notice is going out via mail today. The notices include the agenda for the meeting. For your convenience, below is the agenda for the 2018 Annual Meeting.
- Call Meeting to Order
- Introduction of Board Members
- Approval of 2017 Annual Meeting Minutes
- Completed Projects in 2017
- Open Forum
There is no agenda item for the Declarant to turn over the Association. No election of Directors is on this agenda.
The 2018 Annual Assessment was posted on the blog on November 15, 2017. A link to the 2018 budget is available on that post. The Village People website also contains the 2018 budget. In addition, a visit to the Village People website will reveal all 2017 financial information including the balance sheet, income and expense statements, and the reserve statements. You are encouraged to visit the website. The financial information is under the section labeled “Governance”. Those reports account for every penny of Association money. An examination of those documents makes it clear that the Association is financially healthy.
Rumors can be entertaining. Rumors can be distracting. Rumors can cause stress to Members of the Association. It is human nature to get caught up in rumors and perpetuate them. However, there are people who hear rumors and use common sense to determine the truthfulness of the rumor. The above information is meant to give people the tools to determine the truth of this particular rumor.