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	<title>Comments on: “Two” chances to vote “No” on the Capital Initiation Fee.</title>
	<atom:link href="http://4kfee.com/every-thought-counts/%e2%80%9ctwo%e2%80%9d-chances-to-vote-%e2%80%9cno%e2%80%9d-on-the-capital-initiation-fee/feed/" rel="self" type="application/rss+xml" />
	<link>http://4kfee.com/every-thought-counts/%e2%80%9ctwo%e2%80%9d-chances-to-vote-%e2%80%9cno%e2%80%9d-on-the-capital-initiation-fee/</link>
	<description>What are your thoughts on the proposed fee?</description>
	<pubDate>Thu, 09 Sep 2010 17:07:46 +0000</pubDate>
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		<title>By: Big Mac</title>
		<link>http://4kfee.com/every-thought-counts/%e2%80%9ctwo%e2%80%9d-chances-to-vote-%e2%80%9cno%e2%80%9d-on-the-capital-initiation-fee/#comment-100</link>
		<dc:creator>Big Mac</dc:creator>
		<pubDate>Sat, 05 Apr 2008 22:06:07 +0000</pubDate>
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		<description>The POA Board won’t let this happen.

The Board’s Covenants and Restrictions Committee is currently re-writing the Covenants and Restrictions (C&#38;Rs) to include the Capital Initiation Fee (CIF), even before the CIF is voted upon or approved. They are planning to complete and include the final version of CIF verbiage in the C&#38;Rs after the CIF election. And they plan to have the amended Covenants and Restrictions (C&#38;Rs) ready for a membership vote in September, or later. 

Today, the C&#38;R Committee was surprised to hear about this CIF double vote possibility. They would like to keep the Covenants and Restrictions (C&#38;Rs) election clean (with no heated issues) and separate from the CIF election. But with a double vote possibility, there may be no other choice than to have one election for both. 

I see the POA Board requiring the Covenants and Restrictions Committee to speed up their C&#38;Rs re-write. Therefore, the property owners may be required to vote on the CIF as part of the overall changes to the amended Covenants and Restrictions. Yes, the CIF election process has become a little messy.

The POA Board would not have wanted for the CIF to be included and approved as part of the C&#38;Rs election. The election on the changes to the Covenants and Restrictions is important, and the changes to the C&#38;Rs have never been voted down, and you don’t want the amended C&#38;Rs voted down because of having the CIF included (for its first time vote). But they can’t allow two votes on the CIF. 

In closing, you found a flaw in their election process and the POA Board will be in meetings next week looking for a way out.</description>
		<content:encoded><![CDATA[<p>The POA Board won’t let this happen.</p>
<p>The Board’s Covenants and Restrictions Committee is currently re-writing the Covenants and Restrictions (C&amp;Rs) to include the Capital Initiation Fee (CIF), even before the CIF is voted upon or approved. They are planning to complete and include the final version of CIF verbiage in the C&amp;Rs after the CIF election. And they plan to have the amended Covenants and Restrictions (C&amp;Rs) ready for a membership vote in September, or later. </p>
<p>Today, the C&amp;R Committee was surprised to hear about this CIF double vote possibility. They would like to keep the Covenants and Restrictions (C&amp;Rs) election clean (with no heated issues) and separate from the CIF election. But with a double vote possibility, there may be no other choice than to have one election for both. </p>
<p>I see the POA Board requiring the Covenants and Restrictions Committee to speed up their C&amp;Rs re-write. Therefore, the property owners may be required to vote on the CIF as part of the overall changes to the amended Covenants and Restrictions. Yes, the CIF election process has become a little messy.</p>
<p>The POA Board would not have wanted for the CIF to be included and approved as part of the C&amp;Rs election. The election on the changes to the Covenants and Restrictions is important, and the changes to the C&amp;Rs have never been voted down, and you don’t want the amended C&amp;Rs voted down because of having the CIF included (for its first time vote). But they can’t allow two votes on the CIF. </p>
<p>In closing, you found a flaw in their election process and the POA Board will be in meetings next week looking for a way out.</p>
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