So what’s the solution?

Many options were explored, but the problem comes down to one issue: our governing documents are old and outdated. They do not include many of the modern financial tools that most associations rely on today to responsibly manage their budgets.

Because those tools do not exist in our current documents, the Association does not have the ability to address this financial shortfall.

The only solution is to update the documents so the community has the same options that most associations already have available.

That is exactly what the proposed amendments do.

The amendments have been drafted and are available for every homeowner to review. Once enough homeowners sign the consent forms, the amendments will take effect and give the Association the tools it needs to solve the current financial crisis and help prevent the same problem from happening again in the future.