Login | Register
 
Welcome
  Home
  About Us
  Community Info
  Our Sponsors
  Classifieds
  Contact Us
 
Residents
  Online Voting
  Annual Budget
  Announcements
  2019 Board Members
  Committees
  Directory
  Events
  Key Links
  Lost and Found
  Meeting Minutes
  Photos
  Profiles
  Projects
  Surveys
 

 

News
 
 

Return to List
81% approval for 2019 Special Assessment and Annual Assessment Increase going forward.
Posted on Jun 15th, 2019

Thursday Night the MPHOA held a Manchac Place Homeowners Special Homeowner Vote Meeting to vote on the $150 2019 Special Assessment and the $150 Annual Assessment Increase resulting in an increase:
 
From $300 to $450 for non-lake Lot Homeowners
From $500 to $650 for lake Lot Homeowners
 
The result of the Vote is that the special assessment and the increased annual assessment for all homeowners were both approved by the majority of Homeowners.
 
A QUORUM WAS PRESENT:
Of 234 Lots 20 were suspended, therefore the total possible voting lots were 214.  60% of 214 = 129 were required to attend either in person or by Proxy to establish that a quorum was present.
 
Lot Owners from 38 Lots attended the meeting.
Lot Owners from 146 Lots attended by Proxy.
184 lots exceed the required 129 lot threshold therefore a quorum was present.
 
BOTH ASSESSMENTS WERE APPROVED:
66.67% of the actual quorum must vote in favor of the assessment increases.  Therefore 184 x 66.67% = 123 Lots.
 
Total votes In Favor by Proxy = 134
Total votes In Favor voting in person =  15
Total votes In Favor = 149.
 
Total votes Against by Proxy = 12
Total votes Against voting in person =  22
Total votes Against = 34.
 
One [1] Homeowner who attended the meeting abstained, did not vote.
 
81% APPROVAL FOR BOTH ASSESSMENTS:
The 2019 $150 special assessment and the $150 annual assessment increase vote passed, and were approved by 149 / 184 = 81%.
 
Comments
Add Comment
No Comments