Saturday, November 6, 2010

Amended And Restated Documents

Dear Wildewood Springs Residents:

Some homeowners have been confused regarding the WWS
Amended documents you recently received.

To clarify some questions you might have to please keep in mind the following:

There are 3 separate sections to be voted on. It is imperative that you take
the time to read each and every section and absorb the impact the written changes may have on the owners.

Please be aware that your vote is either a YES or a NO vote on EACH
Section;

If you disagree or have concerns about any section of the
By-laws, Articles of Incorporation or the Declaration of Condominium the section
Cannot be changed at this time. What you have received is what
the new Articles of Incorporation, By-Laws and the Declarations will be.

If you vote YES and 60% of the owners (present and via proxies) are
in favor then the amended documents will be recorded and these will be the new legal revised documents for the Wildewood Springs Condominium Association. Every owner will have to agree to abide by the revised documents.

If you vote NO because you do not agree with any part of any of the revised amendments and if 60% of the owners (present and via proxies) vote no on that part of the amended documents, then the majority will not pass that portion of the documents..

Keep in mind it is an ALL OR NOTHING vote on each section. You cannot pick
and choose which items you are in agreement with or disagree with: Articles of Incorporation, By-Laws and Declarations. You will vote No or Yes on each section.

If you disagree with any part of any of the package and elect to cast a NO vote and that section does not pass by majority vote, then the Association will have to reconsider that failed-to-pass section at a future date.

Again, please take the time to thoroughly read and understand the revised documents before you vote. If you have any questions concerning this very important issue, please take the time to contact your village Board Director now.

The committee, your fellow owners, worked long and hard to update these documents and you owe it to yourself and your fellow owners to vote on this important issue. Take the time to read the revised documents, to vote and be an informed participating member of our community.

Bob McDevitt
WWS Association President