Update to Neighboorhood Meeting/Vote
The Covered Bridge POA held a special meeting of members on December 7th to vote on an increase to the 2012 regular assessments for POA activity in opposition to the Dream City site plan. As required by the POA’s Bylaws, the $200 increase was approved by two-thirds of the members casting votes.
The total annual assessment for each Member for 2012 is $596. You may pay the entire assessment on or before January 15, 2012. If you chose to pay in two installments, you must submit the first payment of $298 on January 15, 2012, and the second $298 payment on April 28, 2012.
Click here to download Promised Land West meeting information and ballot/proxy forms.
Neighbors:
We will hold a meeting to vote on approving an increase to regular annual assessments to support activities to protect the health and benefit of the Covered Bridge community as it relates to the current Dream City site development plan and the administrative review process the City used to approve the plan without notice to registered interested parties. An appeal of that site plan approval has been denied.
The increase contemplated is an additional $200 in assessments for 2012, to be earmarked for Association activity in opposition to the Dream City site plan. This would raise the total annual assessment for each member for 2012 to $596. The additional assessment is only proposed for the 2012 budget year. The assessment can be paid all at once or via payments with the first payment due January 1, 2012, for $298 and the second due April 28, 2012, for $298.
To the extent these extra earmarked funds to oppose the Dream City site plan are not used, they will be applied as pre-paid regular assessments, pro-rata for all members, for the next available annual assessment after a Board determination is made that the funds are no longer required for their stated purpose.
The Special Meeting of Members will be held on Wednesday, December 7, 2011, at the Travis County Community Center at 8656 Hwy. 71, Building A, at 7:30 p.m. If you cannot attend the meeting, please either submit the absentee ballot attached to CAM, or provide a proxy in the form attached to a neighbor who plans to attend the special meeting or fax a proxy to CAM. (Detailed instructions for submital are on the respective attached proxy and absentee ballot forms.) Per stat law all Members can now vote by absentee ballot.
Your neighbors will be canvassing the community soon to provide you with additional information. You are urged to send in your absentee ballot (enclosed) ASAP if you cannot attend the meeting. Or, if you would prefer to send a proxy to the meeting rather than cast a vote by absentee ballot, please use the enclosed proxy form.
Thank you.
Eli del Angel, President
CBPOA
Enclosures:
Oakhill Newspaper article
Absentee ballot*
Proxy from*
*Please submit one (but not both) forms if you cannot attend the meeting in person.