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News & Articles

October News from the Board

10/25/2022

 
Compiled by Lucy Fried
Seven directors and 19 guests attended the October 25 Board meeting, with president Laura Civiello and director Haleh Shoa excused. After approving September’s meeting minutes and four resolutions, the Board considered two less than comfortable items: a 7% HOA dues increase beginning in 2023 and a discussion of outside-facing window coverings.
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2023 BUDGET REFLECTS SEVEN PERCENT DUES INCREASE

In a vote to approve VG’s $3,485,680 operating budget for 2023, the most contentious item was a proposed 7% increase in HOA dues. It passed 6-1, despite arguments that the 7% increase was too high for some owners. The “ayes” prevailed after it was noted that vendor costs have risen sharply in the last year, especially insurance and utilities, and that the HOA must build a reservoir of funds for our badly needed multi-million dollar electrical and irrigation/landscape projects and other restorations. The budget for 2022 was $3,284, 666.

UNIFORM WINDOW COVERINGS

A discussion resolution from the Design Review Committee (DRC) proposed that the colors of outside-facing surfaces of residents’ window coverings be limited to white or off-white colors. However, after a flurry of discussion from the directors, vice-president Joe Khoury suggested that a conversation with homeowners be held before any rule is crafted.

MORE BOARD RESOLUTIONS PASSED

  • Board Elections Calendar: California’s HOA elections season opened on October 31 and the Board has approved the election calendar.
  • Holiday Season Board Meetings Schedule: This year’s meetings will be on November 15 and December 13.
  • Trees, Landscape, Tree & Landscape: The committees for trees and the landscape received the Board’s okay to merge and become a single committee.
  • Roof Cleaning: The Board okayed a $11,500.00 contract with Tri-County Power Washing to clear and remove all debris from all building roofs.

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5300 Obama Blvd., Los Angeles, CA 90016 | (323) 294-5211

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