Spring 2011
Restrictive Covenants and Bylaws
Our Restrictive Covenants and Bylaws (RCs) are contained in our property deeds and in our "Red Book". They impose legal requirements on us and provide limited authority to us as members of LSPOA. They were originally written in 1967 by the developer, American Central Corporation. Although our Red Book had been revised since 1967, the RCs were not and the discovery of errors and claims from obsolescence has ballooned to the point they represent significant new and recurring costs. Part of our current problems can be attributed to the lack of successful corrective actions taken by previous Boards dating back to about 1980 and our failed attempt for revision approval by 50+% membership vote in 2006.
We need to communicate with all members that this will save LSPOA money, protect the integrity of LSPOA and is in our best interest. However, even if we approved the revision today full implementation would probably require 8-10 years because of the 10 year cycles for revision required for each of our subdivisions.
More information on this revision will be forthcoming.
Al Hoffmanner
Vice President
Garage Sale
Saturday, June 23
Boat Parade
Wednesday, July 4
Annual Picnic
Saturday, July 14
(Rain Date July 15)
Couples Golf Outing
August (Date TBD)
Click on the link below for a previous article.