Proposed Updates for Property Owners Meeting January 20, 2023

This collection outlines the proposed updates to the Covenants, Conditions, & Restrictions (CC&R) for a property owners meeting scheduled for January 20, 2023. It includes a brief history, relevant changes, and the focus on single-family dwellings, along with clarifications and standards for siding, fencing, and definitions.

• Property Owners
• CC&R Updates
• Single-Family Dwellings
• Meeting
• Clarifications

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Presentation Transcript

1. COVENANTS, CONDITIONS, & RESTRICTIONS (CC&R) PROPOSED UPDATES Property Owners Meeting January 20, 2023 1

2. CC&RS HISTORY HISTORY RELEVANT CHANGES 1995 RELEVANT CHANGES 1995 - - 2024 2024 CC&R s created by Mayo Halbert, Ltd in 1995 Mayo Halbert, Ltd amended CC&R s in 1996 Mayo Halbert, Ltd turned over governance to POA in 2000 CC&R may be eliminated starting in 2028 by a vote of 2/3 of property owners All RMR lots under private ownership Temporary rentals become common place Use of reclaimed materials to enhance value Major advances in solar and wind technologies Internet becomes more crucial for daily life January 20, 2024 POA Meeting January 20, 2024 POA Meeting 2

3. PROPOSED CHANGES Focus on single family dwellings Clarify definitions Siding and fencing standards Solar panels and towers Short term rentals CC&R enforcement January 20, 2024 POA Meeting January 20, 2024 POA Meeting 3 3

4. FOCUS ON SINGLE FAMILY DWELLINGS CHANGES CHANGES BENEFITS BENEFITS Specifies lots for single families Eliminates sales office lot Allows one secondary residence Prohibits duplexes and apartment buildings Adds goats and cows to list of permitted animals Maintains desired nature of community Prevents construction of apartment complexes and duplexes Recognizes current practices January 20, 2024 POA Meeting January 20, 2024 POA Meeting 4

5. CLARIFY DEFINITIONS CHANGES CHANGES BENEFITS BENEFITS Specify what counts as masonry and how masonry percent calculated Allows ACC to set standards for reclaimed materials Defines front & back of property Provides clarity for new builders Eliminates confusion & conflict between ACC and property owners January 20, 2024 POA Meeting January 20, 2024 POA Meeting 5

6. FENCING AND SIDING STANDARDS CHANGES CHANGES BENEFITS BENEFITS Requires ACC to create and maintain standards for fencing Requires ACC to create and maintain standards for decorative siding materials Provides clarity on fencing requirements Provides clarity on siding requirements Allows ACC leeway to change standards as building methods change January 20, 2024 POA Meeting January 20, 2024 POA Meeting 6

7. SOLAR PANELS AND TOWERS CHANGES CHANGES BENEFITS BENEFITS Permits solar panels and wind generation for residential power Prohibits commercial solar and wind farms Allows for towers that are largely hidden, while prohibiting towers that are eyesores Maintains desired nature of community Allows residences to achieve energy impedance Allows for infrastructure for better internet access January 20, 2024 POA Meeting January 20, 2024 POA Meeting 7

8. SHORT TERM RENTALS CHANGES CHANGES BENEFITS BENEFITS Defines short term rentals as having a rental term of less than 3 months Allows for short term rentals when long term resident is present Prohibits use of property exclusively for short term rentals Minimizes nuisance issues that have been common with properties turned over to short term renters Provides flexibility to property owners to rent out secondary dwellings January 20, 2024 POA Meeting January 20, 2024 POA Meeting 8

9. ENFORCEMENT CHANGES CHANGES BENEFITS BENEFITS Allows board to impose $100 fine for CC&R violations Fines only allowed for repeated violations of CC&R Fines required board approval Cost of enforcing CC&R s is currently prohibitive except for the most egregious violations Improve compliance with our CC&R s January 20, 2024 POA Meeting January 20, 2024 POA Meeting 9

10. GRANDFATHERING All previously approved construction All existing fencing All existing solar and wind generating installations All existing towers January 20, 2024 POA Meeting January 20, 2024 POA Meeting 10 10

11. VOTING STATUS AS OF 1/20/24 Measure Measure Accept Accept Reject Reject Lots yet to Lots yet to Vote Vote 177 177 177 177 177 177 Required for Required for Approval Approval 160 160 160 160 160 160 Item 1: Single Family Dwellings Single Family Dwellings Item 2: Clarify CC&R definitions Clarify CC&R definitions Item 3: Decorative Siding and Fencing Standards Decorative Siding and Fencing Standards Item 4: Solar Panels and Towers Solar Panels and Towers Item 5: Short Term Rental Restrictions Short Term Rental Restrictions Item 6: CC&R Enforcement Fines CC&R Enforcement Fines 54 54 48 52 44 47 9 6 12 11 18 12 Voting on CC&R permitted through August 2024. Only most recent vote for each property will be counted January 20, 2024 POA Meeting January 20, 2024 POA Meeting 11

12. QUESTIONS Slides will be added to the website Sample Footer Text Sample Footer Text 12