December 17 BOD Meeting Recap

Somersett United
Somersett United

The SOA Board of Directors (BOD) held their bi-monthly meeting at The Club at Town Center (TCTC) on December 17th, the agenda for which may be accessed by clicking on the following link:

December 17 BOD Meeting Agenda

A brief recap on some of the agenda items follow (number scheme pertains to agenda item):

3. a)  Election of Officers:  President – Tony Fakonas, Secretary – Curtis Chan, Treasure – Ray Lee, VP’s – Daniel Kirby & Chris Huff.

3. b)  Committee Liaisons:  Communication – Curtis Chan & Chris Huff,  Finance – Ray Lee  & Curtis Chan,  Strategic Planning – Tony Fakonas & Chris Huff,  Community Standards – Ray Lee & Tony Fakonas,  Country Club – Tony Fakonas & Danielle Kirby.

4. a) Community Manager: Melissa Ramsey announced that she has accepted a position as Regional Manager for the SOA Management Company (FirstServices Residential). Assistant Community Manager Lauren Stemmier will serve as Community Manager until a permanent replacement is announced.

4. b) Communication Committee:  Initiatives for 2104 include; 1) setting up of “Town Hall” meetings, 2) establishment of homeowner discussion groups/forums/FAQ’s on the SOA website, 3) expanding SOA email distributions.

4. e) Election Committee: Recommended installation of “ballot boxes” at TCTC and Aspen Lodge for future elections to facilitate convenient drop-off.  Received tentative approval of BOD pending development of a process plan by the Election Committee.

4. f) and 6. b)  SGCC Agreement Status:  Due diligence underway, nothing new to report different from what was presented at the December 4 homeowner information meeting (see previous SU post article of December 5)

6. a) Litigation Status: A new lawsuit has been filed against the SOA, SDC and Toll Bros regarding common area construction defects affecting homeowner properties. Status of this and other litigation issues will be covered in an attorney letter soon to be posted on the SOA website. The issue associated with the alleged underfunding of reserves on the part of the Developer is still open with nothing new to report. The BOD again reviewed the Moana Settlement reported on at the last BOD meeting.  For those who are interested in details, the agreement may be accessed by clicking in the following link: Moana Settlement Agreement.

7. a)  CC&Rs Vote Extension: Extending the CC&R amendments vote deadline to February 14, 2014 was ratified. Less than 1000 ballots have been received to date, which is not enough to fulfill quorum requirements (i.e., a “yes” vote of at least 51% of all unit owners is required for passage).

7. c) thru 7. j)  All new business items submitted for approval were approved, with the exception of 7. f) “Transfer of $100K to Reserves”, which was tabled pending further discussions with the Finance Committee.

One thought on “December 17 BOD Meeting Recap

  1. Why should the CC&R amendment vote be extended? The proposed amendment failed to achieve the required number of votes within the timeframe allowed so the proposal failed. Where is the requirement that a quorum vote?

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