REMINDER; Final Comment Period for Proposed Amendments to HOA Governing Documents

 
From: "SV Residents" <no-reply@PROTECTED>
Date: December 10th 2021

Symphony Village Residents:

As you may be aware, the 2018 Document Review Committee and the Board of Directors (2018-2021) have put much thought into reviewing Symphony Village’s governing documents and drafting proposed amendments with the assistance of counsel and the General Manager.

A hybrid Town Hall Meeting was held on September 28, 2021 to obtain resident feedback. The Board has since incorporated applicable feedback into the drafts of the governing documents. The updated drafts showing the proposed changes are available on the community website 24/7 or by clicking here. The drafts are also available in hard copy upon request.

 

This is a reminder that residents are asked to submit any additional feedback related to the proposed amendments no later than Wednesday, December 15, 2021 by visiting the community website or clicking here.

 

A brief summary of the governing documents currently under review and how they relate to your community association is below.

  • Executive Summary: An overview of the proposed changes to the Articles of Incorporations, Declaration of Covenants, Codes and Restrictions and Bylaws.
  • Articles of Incorporation: This document initially created the corporation under state law and defines the association’s basic purposes and powers, such as the number of directors, terms of of­fice, and other specifics about how the Board functions.
  • Declaration of Covenants, Conditions and Restrictions: This is the document that contains the Covenants, Conditions and Restrictions (CC&Rs). It binds all owners to the association, establishes association responsibilities, and defines owners’ rights and obligations.
  • Bylaws: This document contains provisions concerning actual Association operations, such as meetings, procedures for electing the Board members and officers, and their responsibilities.

This is a friendly reminder that homeowner participation remains key throughout the process!

Thank you in advance for your time and continued participation in this very important process.

Sincerely,

Symphony Village HOA Management

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