The Benefits of Our Declaration of Covenants, Conditions
and Restrictions/Bylaws
Proposed Revision of our CC&Rs and Bylaws
Our former CC&Rs & Bylaws were in place since 1987. Many new laws affecting associations have been enacted since then, leaving numerous sections outdated, confusing to owners, and difficult for the Board of Directors to interpret. The Board of Directors, therefore, contracted with a legal firm specializing in community association law to update the association’s CC&Rs & Bylaws. The official vote is in, and the new CCRs have been adopted.
• Current Summary of Association/Owner Responsibility
We are awaiting the notarized copies of all documents before publishing them here. Send your comments or questions to the association manager, Donald, at donald.martin@paragonams.com.
How our governing documents work for us as residents of our association.
Covenants, Conditions & Restrictions (CC&Rs)
CC&Rs are legally binding documents that are officially recorded and filed with our state. Our CC&Rs cover the rights and obligations of the homeowners' association to its members and vice versa. CC&Rs often cover legal issues, such as:
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Property-use restrictions
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Clearly defined maintenance obligations for the HOA and individual members
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Mechanisms for rule enforcement and dispute resolution
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Lender protection provisions
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Assessment obligations
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Insurance obligations
Because this record is kept on file with the state, it can be difficult to amend and requires a vote by the membership to make any changes.
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Bylaws
If CC&Rs cover the “what” of the HOA, the bylaws cover the “how.” Our community’s bylaws establish the structure of day-to-day governance of our homeowners association. This includes things like:
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Frequency of HOA board elections
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Process for nominating and electing new board members
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Number of members that serve at one time
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Meeting frequency and quorum requirements
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Duties and responsibilities of board members
Like CC&Rs, Bylaws are difficult to change, as they too require a vote by the membership to amend.
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Rules & Regulations
Our community’s Rules & Regulations are a catch-all for the things that aren’t covered in the Bylaws or CC&Rs. These are often the rules that might need revising over time due to changes in the community. Rules & Regulations can be changed by an HOA board vote with review by the members of the community.
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Traditionally, the Board will adopt a rule then send a notice to the community members who will have 30 days to review it. After 30 days, the board will review the comments and concerns of members, considering the members’ feedback in the final decision.
Below are the current Policy Statements fro Spyglass Ridge and Villas Antigua
Annual Budget
Our Operating Budget is a projection of the money needed by the association to cover our operating expenses and provide adequate reserves for the repair and replacement of the common areas and other elements of the property that the HOA is responsible for maintaining. California law requires our HOA to adopt an operating budget each year.
Reserve Studies
A reserve account is money that all HOAs are required by law to set aside to cover the future repair or replacement of physical elements of our development that the association must maintain.
The Board contracted with Complex Solutions, Ltd to review the and the
to ensure that sufficient funds are held in reserve to properly maintain such items as the lift station, roads, lights, entry gates, and the perimeter wall and wrought iron fencing along Mattie Road. These documents are now up-to-date and available for review.
• Association’s General Reserve Study
It’s the board's fiduciary responsibility to fund the reserve fund adequately. Every homeowner pays into the reserve fund via our monthly HOA payments.