The board has formally adopted the new CCRs to ensure transparency and proper oversight for our community. This outcome represents a significant shift toward the governance model we requested. Please continue to monitor the implementation process as we transition to this new chapter.
May 9, 2022
Final supporters
S U P P O R T - THE - C A U S E !
- SAVE OUR PINNACLE CLUB! -
*** Change the CCRs Now! ***
We, the undersigned property owners, understand that many of the Conditions, Covenants & Restrictions (CCRs) & Bylaws that govern our Pinnacle Club HOA are outdated, are not in compliance with Texas HOA law, and are causing lack of transparency and governance issues in our community. A CCRs Committee has been formed with select Board members and property owners to make recommendations on changes for transparency and to give a voice to property owners, allowing for greater participation by HOA members in the governance of the HOA and LLC (the property owners' golf course).
We want to build a Pinnacle Club community that is financially stable and healthy for the long-term. To accomplish this, we want new CCRs that are Property-Owners-centric and provide for more oversight by its paying members. We want:
- CCRs with a procedure for Members' oversight/approval/ratification of the annual budgets of both the HOA and Pinnacle Golf Club, LLC.
- CCRs with a process that limits long-term borrowing by the Board without Membership's approval.
- CCRs that limit spending that is not listed and shown in the Membership-approved annual budgets of both the HOA and Pinnacle Golf Club, LLC.
- CCRs that provide 5% of our Membership dues to be saved and retained to a dedicated savings account for future HOA capital needs, insurance deductibles, or unexpected expenses.
- CCRs that provide the HOA Membership a process for removal of Board members who do not fulfill their fiduciary responsibilities, violate an approved code of ethics, or engage in conflicts of interest.
We, the HOA Members who provide the budget revenue for our community through our membership dues, require this participation for the health and financial stability of our invested interests.
Updates
April 20, 2022
The committee is currently reviewing the existing governance documents to identify specific language that hinders member oversight. We are preparing a comprehensive summary of these findings to present to the board. Your individual experiences with the current restrictions remain an essential guide for our proposed revisions.
April 20, 2022
The momentum generated by this movement confirms that our community desires greater transparency regarding our shared assets. We have reached a significant threshold that demonstrates a clear mandate for modernizing our governance documents.
Reached 100 supporters
April 20, 2022
29 Comments
These matters are of great importance to property owners with HOA responsibilities, and need serious and timely discussion for resolution, especially building up dedicated reserve funds from current dues, and limitations on any added debt without specified levels of home owners' approving in advance.
In addition to most of the proposed terms, I also support amending our CCR's utilizing with the Texas Residential Property Owners Protection Act and the Texas Open Meeting Act.
Thank you for working to make our club more fiscally transparent and responsive to us owners. We fully support revamping the Pinnacle CC & R.
The CC&Rs have to be updated, corrected, reflect our growing community and be compliant with Directives that support/protect standards that make sense
Existing CC&R's were written under litigation with prior developers (Declarants) and are hardly friendly to the property owners. There are numerous examples of non-compliance with those CC&R's by our current board and prior boards that have resulted in expenditures which have not been documented in the minutes of board meetings. Fully functioning HOA's do not operate like this.
Transparency and effective communication is the key to progressing forward for the Pinnacle Club !!
121 St Andrews We need a better clubhouse!!
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The board has formally adopted the new CCRs to ensure transparency and proper oversight for our community. This outcome represents a significant shift toward the governance model we requested. Please continue to monitor the implementation process as we transition to this new chapter.
May 9, 2022
Final supporters
S U P P O R T - THE - C A U S E !
- SAVE OUR PINNACLE CLUB! -
*** Change the CCRs Now! ***
We, the undersigned property owners, understand that many of the Conditions, Covenants & Restrictions (CCRs) & Bylaws that govern our Pinnacle Club HOA are outdated, are not in compliance with Texas HOA law, and are causing lack of transparency and governance issues in our community. A CCRs Committee has been formed with select Board members and property owners to make recommendations on changes for transparency and to give a voice to property owners, allowing for greater participation by HOA members in the governance of the HOA and LLC (the property owners' golf course).
We want to build a Pinnacle Club community that is financially stable and healthy for the long-term. To accomplish this, we want new CCRs that are Property-Owners-centric and provide for more oversight by its paying members. We want:
- CCRs with a procedure for Members' oversight/approval/ratification of the annual budgets of both the HOA and Pinnacle Golf Club, LLC.
- CCRs with a process that limits long-term borrowing by the Board without Membership's approval.
- CCRs that limit spending that is not listed and shown in the Membership-approved annual budgets of both the HOA and Pinnacle Golf Club, LLC.
- CCRs that provide 5% of our Membership dues to be saved and retained to a dedicated savings account for future HOA capital needs, insurance deductibles, or unexpected expenses.
- CCRs that provide the HOA Membership a process for removal of Board members who do not fulfill their fiduciary responsibilities, violate an approved code of ethics, or engage in conflicts of interest.
We, the HOA Members who provide the budget revenue for our community through our membership dues, require this participation for the health and financial stability of our invested interests.
Updates
April 20, 2022
The committee is currently reviewing the existing governance documents to identify specific language that hinders member oversight. We are preparing a comprehensive summary of these findings to present to the board. Your individual experiences with the current restrictions remain an essential guide for our proposed revisions.
April 20, 2022
The momentum generated by this movement confirms that our community desires greater transparency regarding our shared assets. We have reached a significant threshold that demonstrates a clear mandate for modernizing our governance documents.
Reached 100 supporters
April 20, 2022
29 Comments
My vote should apply to all three properties I own at the pinnacle. 145, 147 and 149 Hilton head island drive.
These matters are of great importance to property owners with HOA responsibilities, and need serious and timely discussion for resolution, especially building up dedicated reserve funds from current dues, and limitations on any added debt without specified levels of home owners' approving in advance.
In addition to most of the proposed terms, I also support amending our CCR's utilizing with the Texas Residential Property Owners Protection Act and the Texas Open Meeting Act.
Thank you for working to make our club more fiscally transparent and responsive to us owners. We fully support revamping the Pinnacle CC & R.
The CC&Rs have to be updated, corrected, reflect our growing community and be compliant with Directives that support/protect standards that make sense
Existing CC&R's were written under litigation with prior developers (Declarants) and are hardly friendly to the property owners. There are numerous examples of non-compliance with those CC&R's by our current board and prior boards that have resulted in expenditures which have not been documented in the minutes of board meetings. Fully functioning HOA's do not operate like this.
Transparency and effective communication is the key to progressing forward for the Pinnacle Club !!
121 St Andrews We need a better clubhouse!!
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My vote should apply to all three properties I own at the pinnacle. 145, 147 and 149 Hilton head island drive.