PEPPERTREE HOME OWNERS
ASSOCIATION (“HOA”)
MINUTES
OF MARCH 25, 2017 MEETING
The
2017 annual meeting was held March 25, 2017 at 3:45pm at Room 5 of
the Smyrna Community Center. This meeting was held as part of
written notice mailed on March 9, 2017 to all 54 homes in HOA (and
with notice given to Springleaf HOA Cooperative, Inc.); notice was
also published at the HOA website, and further, the notice disclosed
that properties not current on dues had voting right restrictions.
With the presence of Springleaf HOA Cooperative, the required quorum
of 6 lots was met and exceeded.
It
was moved, seconded and resolved by X unanimous/___majority
vote:
I.
that the minutes of the prior annual meeting would normally be
approved but not this year since no prior minutes existed.
II.
that the following persons be elected by the membership to serve as
the HOA Board of Directors:
Cliff Battle Mark Groves
No
one else who was present was willing serve as a director.
III.
The “pepper2017docs” link in the meeting notice discussed how
the covenants commenced in 1985 with a declared annual lawn/HOA
maintenance fee of $300 which was subject to annual increases of up
to 20% on each prior year amount. The HOA Board policy has been to
set a 5% annual increase for this original fee (similar to covenants
for the neighboring Windy Hill Forest HOA). After calculating 5%
annual increases from 1985, the maximum fee amount for 2017 is
$1,429. It was resolved that the HOA’s 2017 fee would have a
general discount down to $200 (provided homeowners faithfully care
for their own lawns), and that an additional Good Standing Discount
would bring the annual fee down to $25 (provided the fee was timely
paid and HOA covenants are otherwise complied with). The Board is to
determine a reasonable amount to assess (not to exceed $1,249) for
homes lacking in proper lawn care.
Various
discussion of subdivision matters occurred but no other resolutions
were adopted.
Signed: Mark Groves, Acting Secretary
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