Hot Springs Village Property Owners’ Association will announce the results of the proposed change to the HSV Declaration on Wednesday, February 15, at the regular meeting of the board of directors.
This is a measure the POA staff very much wants to see pass. The votes are being counted by the POA staff. The Village no longer sends its votes to an unbiased agency to count votes.
This proposal amends Article X, Section 4 by removing the one year limitation for special assessments and allows property owners to vote on the finance of capital projects over a number of years. Proxies were mailed to 27,409 property owners in good standing in September, 2011.
Property owners will have an opportunity to change their vote by exchanging their proxy for a ballot at this meeting on February 15, at 9 a.m. at Ponce De Leon Center. At the conclusion of the meeting, the result of the vote will be announced.
The Declaration amendment will become effective April 20, 2013. All property owners are encouraged to attend this important meeting.
Please contact 922-5530 if you have questions.
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