Friday, November 30, 2007
Analysis of new proposed VLE bylaws
In their announcement of the Dec. 8, 2007 homeowners meeting, VLE developers promulgated a new proposal for bylaws for governing the association. Dick Benedetti, one of our homeowners, has done the same expert analysis of this proposal that he did with two previous proposals. Dick's analysis is worthwhile reading for all homeowners as they prepare for the Dec. 8 meeting.
His conclusion (in my words): the latest proposal is yet another, even more power-hungry, effort by the developer to maintain control of the association, even though it belongs to those of us who have purchased our "home by the sea" there.
In this Nov. 30 review, Dick emphasizes that we need to consider it in context of his previous reviews, dated Nov. 20 and May 29, 2007. There are links to all three of these documents here:
Nov 30 analysis
Nov 20 analysis
May 29 analysis
His conclusion (in my words): the latest proposal is yet another, even more power-hungry, effort by the developer to maintain control of the association, even though it belongs to those of us who have purchased our "home by the sea" there.
In this Nov. 30 review, Dick emphasizes that we need to consider it in context of his previous reviews, dated Nov. 20 and May 29, 2007. There are links to all three of these documents here:
Nov 30 analysis
Nov 20 analysis
May 29 analysis
