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DV131

2022 08 HOA Fee Increase

You are invited to vote on which option the board proposed at the residents meeting to fix the budget deficit we have been facing since the beginning of this year. The main goal for the proposal is to have enough income to pay our bills and avoid a major disruption of service until the board can reduce costs. For more information, please refer to the slides and budget worksheet shared during the meeting. If you have any questions, please contact the board. Thank you for participating.

Polling completed August 7, 2022
Total number of voters: 9 (90% showed)
Voting Method Number Of Voters Number Of Ballots
In person ballots 0 0
Electronic ballots 9 8826

HOA fee increase - Both options will increase total income by $46k over the next 12 months, or $3900 a month. This will cover the current deficit of $44k over the next 12 months, or $3700 a month.

Option Electronic Total Votes
37% increase with a $22k assessment. 616 616
70% increase with no assessment 8210 8210
Spoiled 0 0

Garbage Compactor - This is a major issue we need to deal with. It is not functional but also making garbage collection much more difficult, leading to higher costs and other important concerns. The board will continue to explore all options to provide more details but please choose one that you prefer at this point:

Option Electronic Total Votes
Fixing the compactor (Costs: replacing the control board, refitting the fire sprinker inside the compactor, refitting the garbage room door, potential smell and pests from bags bursting) 3909 3909
Removing the compactor (Costs: $10-15k removal fee, purchase of large garbage bins) 2942 2942
Not use garbage chute at all and bring trash down manually (Costs: purchase of large bins) 1975 1975
Spoiled 0 0

Security data access - the board to request full security data access (Fob and security camera) from MG and Alex. The immediate use is to be able to corroborate the work schedule for the staff, but it also allows us not to depend on management staff for access in case we need to switch provider.

Option Electronic Total Votes
Yes 8826 8826
No 0 0
Spoiled 0 0

Please select your own unit

Option Electronic Total Votes
2A 1359 1359
2B 616 616
2C 967 967
3A 1359 1359
3B 616 616
3C 967 967
4A 1359 1359
4B 616 616
4C 967 967
PH 0 0
Skip 0 0
Spoiled 0 0