Oak River Subdivision Association
Oak River Coming Events
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Special Assessment is Approved 033114
Dear Residents of Oak River,
Last night the board and approximately 30 residents met to finalize the vote/proxy vote for a
recommended onetime special assessment of $300 / home. The purpose of the assessment is to:
1. Refurbish the Entrance Walls
2. Cap the Entrance Walls
3. Replace Signs
4. Improve Landscape at Each Entrance
According to the by-laws of the Oak River Subdivision Association, a special assessment meeting
requires a quorum of 138 homes represented in person or by proxy card. We met quorum with 161
In order for the assessment to pass, 2/3 (66.6%) of the total number of votes received must be “YES”.
Our vote tally is as follows:
• Yes 110 (68.3%) Approved
• No 51 (31.7%)
• Total Votes 161
We are going to add the $300 assessment as a separate line on the annual dues statement, which
will go out this month. Please contact me (email@example.com) if you have question or need a
Our next step is to give SignGraphix a deposit so they can start our project. I will update you when we
have a timeline.