2010 Feb 9 MHOA Annual Meeting
Read corresponding flier: 2010 Feb 10 – Flyer describing ideas for MHOA from Feb 9th Meeting
MHOA PROPOSES 200+% ASSESSMENT INCREASE FOR LAKE MAINTENANCE
Between 35-44 out of 512 residential units in our Community were in attendance. About half of the attendees were lake view owners (29 on Large Lake, 25 on Little Lake). They are an active, visible and vocal group. Gaylynn Mooney, a lake view owner, presented a 15-20 minute presentation delineating the many chemicals she applies to the Lake waters and her plans to introduce sterile grass carp, from Arkansas that can grow to 4? long, into the Lake to eat the water milfoil, coon tail, and other vegetation in the lake. She also asked for volunteers to “rake” up vegetation in the lakes. Never mind that the Association Members access to the Lakes has been reduced to the 443? along the Park.
The MHOA plans to raise “Special Assessments” from the 2004 amount of $75 per year, and the 2005-2009 amount of $175 to a new high in 2010 of $357 per household. All of this amount is for support of the Lakes maintenance. Let’s look at the numbers and determine who benefits. The MHOA basically has two lakes and a tennis court to maintain yet they have managed to allocate $209,872 in the 2010 annual budget. Does anyone else think the MHOA is out of control. The MHOA has done a fine job of “making an Elephant out of a Fly”. The 2010 Proposed Budget for 504 residential units represents a 200% Assessment increase, However, some subdivisions have resigned their participation in the MHOA so the amount of $357 per unit will be raising the assessment to $379. See Meeting Agenda and Budget.
Will the MHOA Board ask for the 66 2/3% Association Member vote the Bylaws require to approve this 2010 Budget? Did the MHOA ask for the Association Members to vote on accepting the Lakes from Mountain Regional?
One bright point is that a couple audience members repeated the idea to drain the 20.84 acre Lake to extend the Park and install playing fields for use by all 512 residential units.
Also the very workable plan to dissolve the MHOA was introduced. Remove this extra layer of quasi-governance and let the individual HOA’s take over the parcels the MHOA now has stewardship over.Many thanks to the Members at tonight’s meeting who agreed with me and encouraged me to continue to ask questions.
Meeting Notice from the SSMHOA:
To view the SSMHOA History go to: https://www.silverspringscommunity.com/master-association/
To view the SSMHOA Legal Documents go to: https://www.silverspringscommunity.com/master-association/ma-docs-index/
To view the SSMHOA Budgets go to: https://www.silverspringscommunity.com/master-association/budget-master-association/To view the Silver Springs Lakes history, documents and issues go to: https://www.silverspringscommunity.com/lakes-in-silver-springs/
SSMHOA 1990 BYLAWS
ARTICLE III
MEETING OF MEMBERS
Section 1. Place of Meetings. Meetings of the Members may be held at such place within the State of Utah as the Board of Trustees may specify in the notice thereof.
Section 2. Annual Meetings. The annual meeting of the Members shall be held on the second Wednesday in November, at the hour of 7:00 PM. If the day for the annual meeting of the Members falls on a legal holiday, the meeting will be held at the same hour on the first business day following which is not a legal holiday, provided that the Board of Trustees may by resolution fix the date of the annual meeting on such other date as it may deem appropriate.
Section 3. Special Meetings. Special meetings of the Members may be called at any time by the President or by the majority of the Board of Trustees, or upon written request of thirty percent (30%) of the total votes of the membership.
Section 4. Notice of Meetings. Written notice of each meeting of the Members shall be given by, or at, the direction of, the Secretary, by mailing a copy of such notice, postage prepaid, at least 30 days before such meeting to each Member entitled to vote, addressed to the Member’s lot address, unless a different address is supplied in writing by such Member to the Secretary at least 30 days before any meeting, or by delivering such notice to the Member at such Member’s lot, condominium, or home address. Such notice shall specify the place, day and hour of the meeting, and the purpose of such meeting.
Section 5A. Quorum. Fifty-percent (50%) or more of the [508] Members, either present in person or by proxy, shall constitute a quorum for any and all purposes, except in special assessment circumstances, in which the express provisions require a sixty-six and two-thirds (66 2/3%) percent vote of the members present.
Section 5B. Absence of Quorum. In the absence of a quorum, the meeting shall be adjourned for twenty-four (24) hours, at which time it shall be reconvened and any number of Members present at such subsequent meeting, in person or by proxy, shall constitute a quorum. At any such adjourned meeting held as set forth above, any business may be transacted which might have been transacted at the meeting as originally noticed.
Section 6. Voting. When a quorum is present at any meeting, the vote of the Members representing more than fifty (50%) percent of those present at the meeting, either in person or by proxy, shall decide any question of business properly brought before such meeting. All votes may be cast either in person or by proxy, however, all proxies shall be in writing, and must be of record with the Secretary.