Update to Homeowners

Hello everyone,

 

We have received a request from a homeowner to review the legal costs involving Legacy Properties.  We felt that this was an important request to share with all homeowners.

 

Legal expenses for collection of unpaid dues:

At the Annual Meeting, January 25, 2003 the management Team was tasked with collecting the dues from units owned by Legacy Properties. The Management Team followed the by-laws and the advice of our attorney, and sent Legacy notices for non-payment, notice of impending lien and finally a lien was filed.

 

Legacy’s failure to pay its proportionate share of HOA dues caused significant financial hardship to the Association.  Money had to be drawn from the Reserve Fund to pay common area maintenance expenses.

 

In May 2003, the Management Team collected $8,931.28 (dues from January through May) from Legacy to release the liens on their units, as the sale required clear title. Since this time, Legacy has paid some $3000 in additional dues, although they are always in arrears.

 

Legal fees spent to collect dues - approximately $ 1,913.41

It is the opinion of the HOA attorney that Legacy Properties should pay this legal expense.

 

Legal expenses to defend the HOA from lawsuit: Once the Management Team placed the lien on the Legacy owned units, Legacy’s response in April of 2003, was to threaten the HOA with a lawsuit and to takeover the HOA and replace the Management Team with Legacy Employees (none of whom still work for Legacy). The CC&Rs on this matter read:

ARTICLE FOURTH

POWERS: The Association shall have all powers granted to the Association by the Utah Nonprofit Corporation and Cooperative Association Act, Utah Code Annotated, Section 16-6-18 through 16-6-111, and the Utah Condominium Ownership Act, Utah Code Annotated (!953), Section 57-8-1 through 57-8-36, as amended, including but not limited to the following:

f. To engage the services of a manager or management company, attorneys, accountants, or other employees, agents or professionals, and to pay to said persons a reasonable compensation for services rendered by them to the Association .

8.2 Complaints Brought Against the Association, Management Committee, or Officers.

Complaints brought against the Association, the Management Committee or other officers, employees or agents thereof, in their respective capacities as such or the property as a whole, shall be directed to the Management Committee, which shall promptly give written notice thereof to the unit owners and any mortgagees and shall be defended by the Management Committee, and the unit owners and mortgagees shall have no right to participate other than through the Management Committee in such defense. Complaints against one or more, but less than all unit owners, shall be directed to such unit owners, who shall promptly give written notice thereof to the Management Committee and to the mortgagees having an interest in such units, and shall be defended by such unit owners.

Management Teams original post to homeowners vial Mail and Email:

“The Management Committee has reviewed a notice from Legacy Properties, LC, requesting that the current Management Committee of the Lakeside Village Home Owners Association (HOA) be disbanded and replaced by a board staffed by employees of Legacy Properties. The Management Committee sought legal advice and has responded denying Legacy's request. The board does not feel that releasing control of the HOA board to the developer would be in the best interest of the homeowners. Our response to Legacy's request is attached at the bottom of this post.  Several homeowners have called requesting information on this issue and they have been given a copy of this letter.  We encourage you all to read it.”

 

Legal fees spent to defend the HOA against this lawsuit – approximately $1,400.00

It is the opinion of the HOA attorney that Legacy Properties should pay this legal expense.


Legal expenses to prepare a lease for Legacy’s use of the homeowners’ clubhouse:

Legacy Properties had originally intended to keep the clubhouse.  When Legacy applied to the county for approval of phase 5 (fourth new building), the county required Legacy to ad the clubhouse and amenities to the dedication plat for phase 5.  Since this time Legacy has been pushing the management Team to sign a lease.  We have canvassed many homeowners and have used this input to work through an agreement.  We are still working out the details with Legacy on this matter and we assume this will be an item on the ballot for the Annual Meeting. The attached email sent by Don Haven to Legacy sums up the issues involved.

 

Legal fees spent to resolve use of homeowners’ clubhouse – approximately $ 300.00

 

The Management Team would like to remind all homeowners of the Lakeside website, www.LakesideHOA.org  Please feel free to comment and work with your fellow homeowners on the Management Team to resolve open issues.  Also, we are looking for board members for the 2004-year.

 

HOA Management Team:

Geoff Granum - Treasurer             801.374.8500             Geoffrey@silvercreekllc.com

Don Haven - Treasurer               801-745-3296             SkiDon@aol.com

Anita Oliveri - President             801.745.2418                         aoliveri@uswest.net

Mary Finan - Secretary             801-745-4313                     mary_finan@yahoo.com

Mark Rasmussen - Vice P. 801-745-0584             rrasmussen@petzl.com

Mike Mitchell - Vice P.             801-745-3207                     michale.d.mitchell@boeing.com