According to the Owners Association Booklet it would only take two thirds of the home owners in Stardust Hills to vote out the HOA. Anyone owning more than one home in Stardust Hills only has one vote. So it will take a little less number of people to vote out the HOA. The HOA is collecting at least $112,000.00 dollars a year for Lights, Water, Mowers, and Maintenance. If the HOA was to be dissolved then, any assets owned by the organization has to be distributed to a not for profit organization. Since the town is a not for profit organization being a government agency then they would qualify. I think the town would love to take over the HOA property for their parks department and redo the pool. The town already collects taxes from everyone’s pay check that lives in the development. Also the town already has the 50’ right of way for every street in the development. The town can get grants from different departments of the government for improvements. The town has ordinances for litter and grass cutting and condemned properties. I would just like to see if someone else can enforce rules. I see many buildings and structures that need paint. I also see trailers and cars parked on grass in yards.
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Some people want out of the HOA It is possible to Dissolve the HOA |