La Cresta Property Owners Assoc

“Line 3 the association hires (under a competitive bid process) the services of a professional management company, which manages the day to day administrative duties of the organization subject to the oversight of the board of directors. The management company acts as an agent for the association. Line 6 owners become members by virtue of owning a unit in the community as specified in the governing documents. The members elect a board of directors which provides oversight for the association's business affairs as well as services to be provided by the management company line 7a members have voting rights acorded to them by virtue of owning a unit in the community as specified in the governing documents. The members elect a board of directors which provides oversight for the association's business affairs as well services to be provided by the management company. Line 7b the association's governing documents specify the various resolutions requiring membership approval. Most resolutions require only board of directors approval. The association complies with all state requirements for common interests developments regarding membership approvals. Line 11b the assaciation's board of directors reviews and approves the tax returns. Line 12c all board members are required to annually signed a conflict of interest policy, and therefore agree to disclose any conflict of interest in a timely manner. Line 15a the association has no employees. The association does not compensate its officers or board of directors. No policy or procedure for compensation is required. Line 18 all documents required to be discloed by the association are available upon request at the offices of its management company. Line 19 all documents required to be discloed by the association are available upon request at the offices of its management company. Line 2c the process of oversight of the association's financial statement preparation and approval has not changed during the current fiscal year. Line 8a meeting minutes are taken and documented for all board meetings. Line 8b meeting minutes are taken and documented for all board meetings. Line 15b the association has no employees. No policy is required.”

“No review was or will be conducted.”

“No documents available to the public”

“Line 1 improvements by providing for the preservation of architecture and appearance of the community by owning, operating, maintining the property for the use of all.”

“The association provides for the preservation and maintenance of architecture, greenbelts, slopes, light fixtures, signage in the planned community in orange county, california. It regularly, through its maintenace and preservation activities, provides civic betterments and social improvements which promote the common good, health, safety, and general welfare of the local community and the public at large.”