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Bay Laurel Homeowners Association
Board Meeting Notice & Agenda
Pursuant to California Civil Code, starting January 1, 2008, Board meeting agendas must be posted along with the notice of meeting in a prominent location in the common area or mailed to each homeowner. With the following exceptions, boards are not allowed to discuss or take action on any item not on that agenda.
•Residents may speak on any issue, regardless of whether it was listed on the agenda.
•Board members and their agents (including managers) may briefly respond to statements or questions from association members, ask clarifying questions, make brief announcements, or make brief reports on their own activities.
•Boards may refer certain informational matters and administrative tasks to its managers, agents and staff--even if these items were not listed on the agenda.
•Any subject may be discussed and acted upon if there is an emergency, if immediate action is needed on a matter which arose after the agenda was distributed, or if the item was on a recent agenda and was continued to the current meeting.
The Bay Laurel Homeowners Association will mail meeting notices and a copy of the meeting agenda to community members as well as posting those documents on this page of the website.
Board of Directors Meetings
While the bylaws of the association call for meetings of the board to be held not less than quarterly, the Board has determined to hold meetings as necessary.
As specific dates, times and locations for meetings are determined, they will be posted on the website and notice & agenda will be distributed as per civil code requirements.
Annual Meeting of Members
The Annual Meeting is held in October of each year. The 2020 Annual Meeting will be held in October at a time and location as determined by the board.
Financial
The association's fiscal year runs from July 1st to June 31st.
The next new fiscal year budget begins on July 1, 2020 and must be mailed to the membership no later than May 31, 2020. Current monthly assessments are $345.00 along with a $17.25 per month special assessment that runs through June 2020.
If the Association exceeds $75,000 in assessment income in a given fiscal year the association must conduct an annual audit which would be required to be mailed to homeowners by April 30th. Otherwise a financial statement of the prior fiscal year will be sent.
Maintenance
Vendors with on-going service contracts with the association provide maintenance as follows:
Landscape - Down To Earth - Wednesday
Trash Pickup (Owners responsibility) - Wednesday
Calendar
