All homeowners should have received their envelopes containing the Notice of Merger, Proxy, and legally required merger documents to execute a legal merger of the two homeowner’s associations. Here are the draft bylaws for the new corporation.
The merger will not change the amount of money that you pay for your dues. We expect that there will be savings related to the need to have only a single insurance policy, and it will no longer be necessary for the two Boards to coordinate actions for common projects such as the front entrance & common ground maintenance.
Also please note this will NOT change the covenants attached to each deed…no need to enrich the lawyers any more than we have to;-} Please have a look at our FAQ.
We must get 70% of the quorum of all 119 properties (not just of a quorum) or 84 votes in favor, for the merger to be approved, so please return your proxy ASAP, even if you plan to attend the meeting, to be held on
September 14, 2015 @ 7:30pm
21030 Whitfield Place
Potomac Falls, VA
As the merger requires a 75% approval from ALL homeowners -! if you cannot attend the meeting, please sign & return your proxy asap!