Our association incurred an extensive property loss. We hired a public adjustor at 10%. While we had no short fall in regard to the insurance settlement, we created a special assessment to pay for the 10%. Unfortunately it appears we incurred additional cost, when with out the adjustor we most likely would have incurred a greater cost. How can we communicate this complicated issue to residents?
Question
Please help me interpret this: Subject to any limitations imposed by law, by these amended Articles of Incorporation or by the Declaration, the board of director is hereby authorized to exercise, all the power of the Corp w/o prior authorization or subsequent approval of the members of Corp.
Some communicated we may no longer institute an adult only swim because it discriminates by age. Is that true?
Some residents have exclusive use of LCE sheds that are in our CCRs as appurtants to their units. None of them have been used by these residents in years. The board has been using them for storage. We have a waiver clause. Might we have to give them back?