From: Board of Directors
Date: October 3, 2019
To: Hidden Lake Property Owners
Subject: 2019 Annual Meeting: Thursday November 7th at Carolina Trace Country Club at 7PM
Greetings to Hidden Lake Property Owners,
The Annual Meeting of the Hidden Lake Property Owners Association will be held on Thursday, November 7, 2019 at the Carolina Trace Country Club beginning at 7 PM. At this meeting, property owners will hear reports from and can ask questions of the Directors and will be asked to vote on three matters:
The election of two members for the Board of Directors
Increase in the annual assessment of $10 for each developed and $38 for each undeveloped lot
Change to By-Laws submitted and approved by the Board of Directors
All Hidden Lake Property owners are welcome to attend this meeting. However, only property owners in good standing (no outstanding assessments or fines) are eligible to vote. A property owner may vote in person or by proxy. A property owner who wishes to designate some other member to cast his/her vote must obtain a proxy form from the POA, fill it out, have it notarized and return it to the POA no later than October 30th, 2019.
A corporation, partnership or other entity which owns property in Hidden Lake must submit to the Hidden Lake POA Secretary, in writing, at least seven (7) days prior to the Annual Meeting, the name of the person to whom it designates the right to cast its votes at the meeting. The designation must be notarized and signed by a person with authority to make the designation. Failure to make this designation will result in the corporation, partnership or other entity not being able to cast votes at the meeting. The Hidden Lake Secretary is Kelly LaCour(919-306-4100, email@example.com),
(1314 Indiana Circle, Sanford, NC 27332).
The following information is below for your consideration:
By-Laws Change - Members will vote on a change to Article 10 of the Bylaws (“Marina Docking Agreement”). The Board is asking the members to remove the wording below which would then permit a fee to be charged to members who dock or store a boat at our Marina. This does not mean that there will be a charge; it would just allow the Board to implement a charge if the Board determined a charge to be appropriate:
“No fee or payment shall be required for docking or storing a boat provided a boat owner who executes a Docking Agreement complies with its terms.”
We look forward to seeing you on November 7th.
The Board of Directors: Ken Harden (President), Bill Huggins (VP), Kelly LaCour (Secretary), Cindy Vorholt (Treasurer), Paul Perrone (Social), Sue Vester (Recreation) & Kevin Snodgrass (Roads and Grounds).