Board meetings give homeowners a chance to have a voice in decisions affecting Somersett
If you’ve never attended a Board of Directors meeting, then you are not taking advantage of your right to observe and participate in the decision-making process that protects and enhances your community’s assets and, ultimately, your property values.
Most of the business decisions made at a board meeting have a direct impact on the property values of our community. Decisions regarding association maintenance items are the most common. Some decisions have an indirect effect, such as decisions regarding rules and regulations and financial operations. But whether they affect property values directly or indirectly, they all have some impact on our community and as a member of the community, they impact you.
There are four different phases of a board meeting:
The Executive Session, which is conducted without homeowners present in order to discuss issues related to legal issues, personnel issues and/or non-compliance hearings.
The Homeowners Comments section at the beginning of the Board meeting which, in accordance with NRS166.31085, is devoted to unit owners’ comments and discussion of items listed on the agenda only.
The Business Meeting, at which the board discusses and makes decisions based on a pre-established meeting agenda. Homeowners are not allowed to speak to the Board during this portion of the Board meeting and are encouraged to attend in order to observe only.
The Homeowners Comments section (after the Business meeting), in accordance with NRS 166.31085, where homeowners can address the Board with ideas, comments and/or suggestions that are not related to agenda items. An important point to remember is that although important issues may be brought to the Board’s attention during this comments period, don’t expect the Board to act on these issues at this time. Many issues are turned over to management for research and to determine the options available for dealing with the issues. After all, the more prepared the Board is before making a decision, the better the decision will be.
The Nevada Legislature has recognized the importance of providing homeowners with the opportunity to their community by passing legislation requiring homeowners to be given a period of time to address the Board at the regularly scheduled Board meeting. Isn’t it time you recognized how important it is too!
Do you want to attend a Board or committee meeting? See this page for a schedule.