Keys Breeze February 2021

Tahoe Key s P r oper ty Owner s Ass oc iation PG. 22

ANNOUNCEMENT OF MEMBERSHIP REVIEW OF PROPOSED CC&RS (4TH DRAFT) PG. 4

BOARD OF DIRECTORS, COMMITTEES, AND MEETINGS PG. 14

356 Ala Wai Boulevard South Lake Tahoe, CA 96150

Tahoe Keys Property Owners Association

PRSRT STD U.S. POSTAGE PAID RENO, NV PERMIT NO. 200

FEBRUARY 2021

TKPOA BY THE NUMBERS–2020 DEPARTMENT SUMMARY REPORT

Tahoe Keys Specialists 2020 #1 in Sales for Tahoe Keys

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Here Are Your Tahoe Keys January 2021 Statistics: SINGLE FAMILY

JANUARY

SOLDS: AVG. SOLD PRICE: SOLD DOM: % OF ASKING PRICE: ACTIVE (CURRENTLY): MEDIAN LIST PRICE: AVG DOM:

21

TOWNHOUSES

2 $955,000 ($428/sq. ft.)

46 95% 9 (As of 1/29/21) $2,745,000 ($844/sq. ft.)

53

JANUARY 21

SOLDS: AVG. SOLD PRICE: SOLD DOM: % OF ASKING PRICE: ACTIVE (CURRENTLY): MEDIAN LIST PRICE:

0 $0 0 0 3 (As of 1/29/21) $925,000 ($754/sq. ft.)

95

AVG DOM:

PROPERTIES THAT WE’VE RECENTLY SOLD: SOLD

612 Danube | $607,500

PENDING

1971 Aloha | $1,350,000

SOLD

SOLD

4889 Tahoe Keys #77 | $619,000

PENDING

2215 Venice | $850,000

PENDING

6 Lighthouse Shores | $4,350,000

Keys Breeze

SOLD

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PENDING

405 Ala Wai #184 | $460,000

FEBRUARY 2021

2229 White Sands | $2,600,000

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2

1980 Garmish | $885,000

Low inventory and high demand...

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Announcement of Membership Review of Proposed CC&Rs

(4TH DRAFT)

CC&Rs – Major Update to be Reviewed by Members

Announcement of Membership Review of Proposed CC&Rs

4

Understanding COVID-19 Vaccines 6 Payment Processing at the TKPOA 8 2021 Board Actions Summary

10

Cove Advisors Needed

11

Town Hall Forum Zoom Meeting

11

TKPOA Calendar

12

Where in the Universe is Keys Breeze?

13 Board of Directors, Committees & Meetings 14 TKPOA Rules & the Rules Change Process 17 Importance of Dog Leash and Other Pet Rule Requirements 20 TKPOA by the Numbers

22

ACC Rule of the Month

25

2021 ACC Application Submittal Schedule

26

2021 Architectural Control Committee Meeting Schedule

26

Accounting Report

27

PUBLISHING DISCLOSURE NOTICE The Keys Breeze is the official monthly publication of the Tahoe Keys Property Owners Association (TKPOA), which is located at 356 Ala Wai Blvd., South Lake Tahoe, CA 96150.

Each membership parcel receives one subscription to Keys Breeze mailed to a domestic address. Cost to produce and distribute this publication is offset by advertising revenues and budgeted funds. The inclusion of advertising in this publication does not constitute an endorsement or recommendation by the Tahoe Keys Property Owners Association or its Board of Directors of the projects, services or views contained therein.

FOR ADVERTISING OPPORTUNITIES please contact Kathy Hess-Slocum at Just Imagine Marketing and Design at (775) 846-5656, kathy@justimaginemktg.com.

Printed on recycled paper with soy-based inks.

The Board of Directors has authorized a major update of the CC&Rs (4th Draft) to be reviewed by the membership. The review process should take about two months. After the review, the Board will evaluate member input and approve a Final Draft for a member vote.

Member Participation in the Review Is Important – CC&Rs Are Essential to TKPOA Membership

The CC&Rs are an essential governing document. CC&Rs determine the land rights and obligations between members and the association. The Tahoe Keys is a Common Interest Development (CID), which includes Covenants, Conditions, and Restrictions (CC&Rs) which were recorded on deeds when the property was originally subdivided. The Tahoe Keys Property Owners Association (TKPOA) is a California nonprofit mutual benefit corporation established to manage the Tahoe Keys CID. The TKPOA’s governing documents include the CC&Rs, Bylaws, and Rules permitted by the CC&Rs & Bylaws.

The current CC&Rs were last amended and restated in 1991 – 30 years ago. They are outdated and inconsistent with current California law. They also contain confusing, unclear and/or unnecessary provisions. As a result, the CC&Rs need to be completely restated. Plans to update the CC&Rs were started in 2019, using the CC&Rs (3rd Draft), but that project was put on hold due, in part, to changes in California law that eventually went into effect last year.

CONTINUED ON PAGE 30

The Keys Breeze Magazine IS THE OFFICIAL PUBLICATION OF THE TAHOE KEYS PROPERTY OWNERS ASSOCIATION

356 Ala Wai Boulevard South Lake Tahoe, CA 96150 (530) 542-6444 p (530) 541-2521 f tkpoa.com ADMINISTRATIVE OFFICE HOURS

8:30 a.m. to 4:30 p.m. Daily

General Manager, Ext. 224

|

Architectural Control Dept.

Manager, Ext. 239

Joe Sherry, PRESIDENT Dave Peterson, VICE PRESIDENT Kieron McCammon, TREASURER

Tom Callahan

Facilities Manager, Ext. 226

Sean Ward, SECRETARY

Vacant

Bonnie Halleran, DIRECTOR

Project Coordinator/ Property Manager, Ext. 241

Security (530) 545-0847 Water Company and Water Quality Manager (530) 542-6451

FEBRUARY 2021

Melvin Meyers, DIRECTOR Steven Shepherd, DIRECTOR

Daniel Larson

Operations Manager, Ext. 228

Front Desk Attendant Dial 0 2020–2021 BOARD OF DIRECTORS

Linda Callahan

Pool Supervisor (530) 545-4124

Kirk J. Wooldridge

Keys Breeze

Accounting Manager, Ext. 227

Bill Spicer

TAHOE KEYS PROPERTY OWNERS ASSOCIATION

Heather Blumenthal

Don Havard

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4

In partnership with Tahoe Orthopedics & Sports Medicine physicians

ONE TAHOE.

ONE YOU.

Orthopedics · Rehabilitation · Performance · Wellness

Multi-Specialty Orthopedics Sports Medicine Spine Services Regenerative Medicine Occupational Therapy Physical Rehabilitation

530.539.6600 BartonOrthopedicsAndWellness.com Keys Breeze

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FEBRUARY 2021

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5

Understanding

COVID-19 VACCINES

By Dr. Rhonda Sneeringer soon get a COVID-19 vaccine. El Dorado County is in Phase 1B-Tier 1, which allows residents in certain age categories to now receive a vaccine, along with other identified essential worker categories.

This is great news. The more people who vaccinate, the sooner we will again be able to safely engage in more activities. Many people ask how the vaccines do and don’t do, and how they work in our bodies. Here’s an overview.

authorized and recommended in the U.S. to prevent COVID-19 are made by Pfizer/BioNTech and Moderna.

A third—made by AstraZeneca—has been approved for use in the United Kingdom, and is among a handful of additional vaccines undergoing large-scale, Phase 3 clinical trials on U.S. residents. Any of these could be approved later this year.

There are some differences in the vaccines, summarized in the chart below, but the Federal Drug Administration will only approve for emergency use those that meet rigorous testing standards in place in the U.S. for decades.

What Each Vaccine Does

How Vaccines Work

THERE’S A GOOD CHANCE you or someone you know will

COVID-19 vaccines currently available in the United States have been shown to be highly successful at preventing symptomatic COVID-19—with an efficacy rate up to 95 percent. Based on early data from clinical trials, experts believe that getting a COVID-19 vaccine will help keep you from getting seriously ill even if you do get COVID-19.

However, we do not yet know if the vaccine prevents a person from spreading COVID-19. For now, the CDC recommends that those who have been vaccinated continue to wear a mask and practice social distancing until most people in the country are also vaccinated, which should result in significantly less transmission.

Vaccine Types

As most people now know, the two vaccines already Keys Breeze

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Vaccines can work in different ways, but it’s important to know that none of the vaccines can or will give a person COVID-19 nor will a COVID test result show positive because you received the vaccine.

All of the U.S.-approved vaccines have undergone rigorous study and Stage 3 trials on millions of Americans before receiving “emergency authorization” for use. The expedited process did not skip steps, but was expedited for two reasons: first, federal funding supported the trials; secondly, due to COVID-19 being widespread, it was easy to meet the number of people needed in the study for it to be valid. These vaccines received this emergency designation because the world urgently needs a COVID-19 vaccine to stop the spread of this highly contagious disease. More than 400,000 people have died in the U.S. and more than 2 million

FEBRUARY 2021

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6

have died around the world in a little more than a year.

In the U.S., all the approved COVID-19 vaccines as well as those in trial stages, fall into three categories: mRNA vaccine, protein-based vaccines and vector vaccines. mRNA stands for “Messenger RNA.” These vaccines send a code—a messenger—into our cells that teach our immune system how to make a spike protein that looks like the protein on the outside of the COVID-19 virus. This causes our body to identify the protein as foreign and cells then remember how to fight the virus that causes COVID-19 with newly trained antibodies if we are infected in the future. Both the Pfizer and Moderna vaccines are mRNA vaccines.

Vector vaccines and proteinbased vaccines are other vaccines commonly used and likely to be among those authorized this year in the U.S. to prevent COVID-19.

A vector vaccine uses a modified version of a different virus to deliver important instructions to our cells. For COVID-19 vector vaccines, the vector (which is not the virus that causes COVID-19, but a different, harmless virus) enters a cell in our body and uses the cell’s machinery to produce a harmless piece of the virus that causes COVID-19. This piece is known as a “spike protein” and it is only found on the surface of the virus that causes COVID-19.

Protein-based vaccines are somewhat similar. The one that is currently being developed takes a copy of the coronavirus spike protein and directly injects it into your body for your immune system to attack and learn how to destroy.

When the cell displays the spike protein on its surface, our immune system recognizes it doesn’t belong there and begins producing antibodies and activating other immune cells to fight off what it thinks is an infection.

Dr. Rhonda Sneeringer is the Medical Director of Outpatient COVID-19 Care, and the Director of Pediatrics at Barton Health.

At the end of the process, our bodies have learned how to protect us against future infection with the virus that causes COVID-19.

The Bottom Line

Getting vaccinated is one of many steps you can take to protect yourself from COVID-19. Protection from COVID-19 is critically important because for some people, it can cause severe illness or death.

Stopping a pandemic requires using all the tools available. Vaccines work with your immune system so your body will be ready to fight the virus if you are exposed. Other steps, like masks and social distancing, help reduce your chance of being exposed to the virus or spreading it to others.

Vaccine Specifics DEVELOPER

TYPE

STATUS

EFFICACY

# OF SHOTS

MINIMUM AGE

STORAGE

Pfizer/ BioNTech

mRNA

Approved for use

95%

2 shots, 21 days apart

16

-94 degrees

Moderna

mRNA

Approved for use

94.1%

2 shots, 28 days apart

18

-94 degrees

Astra ZenecaOxford

Vector

In Stage 3 trials (approved in U.K.)

70% (estimated), on par with the flu shot

2 shots, a month apart

18

Normal refrigeration

Janssen (Johnson & Johnson)

Vector

In Stage 3 trials

Unknown

1

Unknown

Normal refrigeration

Proteinbased

In Stage 3 trials

Unknown

2

18

Unknown

Novavax

For more information on the efficacy of vaccinations please visit bartonhealth.org/coronavirus.

To find more information about county public health vaccination eligibility please visit El Dorado County at edcgov.us or Quad Counties at gethealthycarsoncity.org.

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77

PAYMENT PROCESSING AT THE

TKPOA The most efficient, and costeffective way, for the TKPOA Accounting department to process payments is for you to (Ranked in order of most efficient and cost effective):

1. Mail your payment, along with your statement pay stub, in

the pre-addressed envelope that is included with each quarterly statement. If you use a “Bill-Pay” feature with your bank, just set the payment address to the same address that is on the preaddressed envelope: Tahoe Keys Property Owners Association, Lock Box P.O. Box 1026, Roseville, CA 95678-8437

This goes directly to a lock-box for the TKPOA bank. These payments recorded by the bank are fully integrated with the TKPOA accounting software and the payment is applied to your account with minimal interaction by the TKPOA Accounting Department.

2. Use the TKPOA online payment system. Go to www.tkpoa.com

and click PAY. Registration is easy. Once you are on the TKPOA website, just click on the blue “Pay Online” as is pictured above. 1st time users must register under “New Users Registration” using your TKPOA account number located on your billing statement.

Customer Support is available 24/7 at 1 (866) 729-5327 if you need any help with your registration. Or, if you prefer, you can call Lisa, in accounting at the TKPOA, at (530) 542-6444, ext. 222, between 8:30 am–4:00 pm, Monday through Friday.

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AS A RESULT OF THE CREDIT ISSUED TO ALL HOMEOWNERS ON THE JANUARY 2021 TKPOA QUARTERLY ASSESSMENT, AND IF YOU USE AN “AUTO-PAY” FEATURE, WHETHER IT IS THROUGH YOUR OWN BANK, OR THROUGH TKPOA’S ONLINE PAYMENT SYSTEM, YOU MUST UPDATE THAT AMOUNT ACCORDING TO YOUR APRIL 2021 QUARTERLY ASSESSMENT BILLING STATEMENT. 3. Walk your payment into the TKPOA

CALL FOR A FREE ESTIMATE!

pavilion located at: 356 Ala Wai Blvd., South Lake Tahoe.

NOTE: If you’re going to mail a payment, please send to the address on the pre-addressed envelope: Tahoe Keys Property Owners Association, Lock Box, P.O. Box 1026, Roseville, CA 95678-8437

If you use Auto-pay, please update your payment amount again for April 1, 2021.

Tanner Hart

boatdocksinc@gmail.com

As a result of the credit issued to all homeowners on the January 2021 TKPOA Quarterly Assessment, and if you use an “Auto-Pay” feature, whether it is through your own bank, or through TKPOA’s online payment system, you must update that amount according to your April 2021 Quarterly Assessment billing statement.

If you have any questions, or concerns, please contact the TKPOA office by phone at (530) 542-6444, or by email at info@tahoekeyspoa.org, Monday through Friday from 8:30 am to 4:30 pm.

Keys Breeze

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9

BOARD ACTIONS SUMMARY

By Heather Blumenthal, Operations Manager

JANUARY 20TH – EXECUTIVE SESSION BOARD ACTIONS • Reviewed nine personnel matters.

• Reviewed eight member disciplinary matters, including three hearings.

• Reviewed 12 legal matters, including ongoing issues with the Tahoe Keys Marina.

• Reviewed nine contracts, no new contracts were approved.

JANUARY 20TH – BOARD OF DIRECTORS MEETING BOARD ACTIONS • Approved the November 2020 Financial Statements.

• Approved Garcia Construction for the Cove 5 Unit #77 Post Replacement Project for $3,931.14 plus a $392 contingency for a total of $4,323.14 to be funded out of the Cove 5 Reserve Fund.

• Approved the record date for the Cove 3A Architectural Cove Standards Property Owners Vote based on the December 23rd, 2020 mailing date.

• Appointed Pat Disney as the Inspector of Elections for Cove 3A Architectural Cove Standards Property Owners Vote.

• Appointed Dave Peterson, Rick Lind, Jeff Flairity, and a South Lake Tahoe Public Utility District Management staff member (to be determined) to a panel to review and determine the best course of action for the Water Company Long Term Facilities Plan.

• Approved recording a lien against APN #022-195-015-000.

• Approved the Fourth Draft of the amended and restated TKPOA CC&Rs for posting on the website for membership review.

• Approved the Summary of Key Changes and current voting and communications timeline for the amended and restated CC&Rs voting ballot.

• Approved Sierra Ecosystems and Associates (SEA) Revised Consulting Services Agreement to provide support services for the TKPOA’s Waste Discharge Requirements (WDR) Permit and Integrated Management Plan for the Tahoe Keys Lagoons Restoration project 2021–2022 for February 1st, 2021– January 31st, 2022 at a not to exceed cost of $34,731 to be funded by the Water Quality Expense Account #59300 Professional Service WDR. • Approved the contract for Lynn Barnett and Associates for the Lake Tallac Options Real Estate Appraisal with addition of the exclusive use option for an additional amount of $1,000 for a total not to exceed amount of $8,000 to be funded from the 2020 Common Reserve Fund Account 67753-Eliminating Lake Tallac Encroachments.

• Accepted Dennis Pratt’s resignation as the Cove 3A Co-Advisor.

• Appointed Keiron McCammon to the El Dorado Community Foundation – Tahoe Keys Waterways Restoration 501(c)(3) Committee.

• Accepted Bonnie Halleran’s resignation from the El Dorado Community Foundation – Tahoe Keys Waterways Restoration 501(c)(3) Committee.

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COVE ADVISORS NEEDED COVE ADVISORS NEEDED FOR BAVARIAN ISLE, ALOHA ISLE, ST. MORITZ, COVE 3B, ISLANDERS I, AND MOUNT TALLAC VILLAGE III IT IS IMPORTANT that all TKPOA subdivisions are

represented by a property owner living within their subdivision. Per the Advisor rules, any owner in good standing may volunteer to serve as the Advisor to their Subdivision or Cove.

Otherwise the property owners may nominate themselves or another owner within that subdivision, confirmed by a vote of the Board of Directors.

Each Cove Advisor is responsible for handling the general affairs of the cove including unit/common area facilities; report maintenance, repair and other property owners issues to TKPOA management and follow-up in keeping those property owners up to date with current events, general affairs of projects happening within the Keys, and manage the cove’s budget.

If you want to volunteer or nominate a fellow owner please complete the “Request to be Appointed” form, which can be found on the TKPOA website: www.tkpoa.com by clicking on the news ticker on the home page. Please return your completed form to Operations Manager, Heather Blumenthal, or turn in at the Pavilion Office located at 356 Ala Wai Blvd, South Lake Tahoe, CA 96150.

Sincerely,

Carl Frederick COVE 3A ADVISOR CO-CHAIR ADVISOR COMMITTEE

Town Hall Forum ZOOM MEETING

Thurs., Feb. 25th 6 to 8 pm Open Forum for TKPOA Property Owners, and Representatives from the TKPOA Board of Directors, TKPOA Committee Members, TKPOA Legal Counsel and TKPOA Staff TOPICS TO INCLUDE:

TKPOA Property Owner Review of Amended and Restated Declaration of the Covenants, Conditions and Restrictions (CC&Rs) Come join us and share your opinions and insight.

Visit www.tkpoa.com for more information and for ZOOM Web-hosted Meeting Attendance information.

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TKPOA FEBRUARY 2021 CALENDAR + BEYOND F E BR UA R Y 2021

2 ACC Meeting 9:00 am 4 Water Quality Committee 9:00 am 17 Board of Directors Exec. Session 9:00 am 17 Board of Directors Regular Mtg. 5:00 pm 18 Bylaws and CC&Rs Communication

Subcommittee 9:00 am 23 Finance Committee Meeting 10:00 am 25 TKPOA Visions Ad Hoc Committee 1:00 pm 25 Town Hall Forum – Review of

Fourth Draft Revised CC&Rs 6:00 pm

Tahoe Keys Blvd Median Subcommittee TBD

Tahoe Keys Waterways Restoration

Fund (TKWRF – 501(c)(3) – El Dorado

Community Foundation TBD

MA R CH 2 0 2 1

4 ACC Meeting 9:00 am 17 Board of Directors Exec. Session 9:00 am 17 Board of Directors Regular Mtg. 5:00 pm 23 Finance Committee Meeting 10:00 am

Town Hall Forum TBD

Water Quality Committee TBD

Tahoe Keys Blvd Median Subcommittee TBD

Bylaws and CC&Rs Communication Subcommittee TBD

TKPOA Visions Ad Hoc Committee TBD

Tahoe Keys Waterways Restoration

Fund (TKWRF – 501(c)(3) – El Dorado

Community Foundation TBD

Note: All meetings will be held at the TKPOA Pavilion, 356 Ala Wai Blvd, South Lake Tahoe unless otherwise noted.

Until further notice, member meeting attendance will be limited to Conference Call and/or Webinar. Links and call in information for meetings are posted on the TKPOA website ahead of each meeting. Please contact the TKPOA Front Desk at (530) 542-6444 for details on member attendance.

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For more information about rates please call Kathy Hess-Slocum at (775) 846-5656 or email kathy@justimaginemktg.com.

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FEBRUARY 2021

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www.TahoeKeysRealty.com 12

WHERE IN THE universe IS KEYS BREEZE? Attention all TKPOA Homeowners Submit your photo and win!

S

how us where you read the Keys Breeze. Winners will be chosen at the end of the year and given a $25 gift certificate to Chicken in a Barrel. All images must be submitted electronically. JPEG files are the preferred format and the size needs to be no less than 1 MB. By submitting your photo, you are giving us permission to reprint in Keys Breeze. Please email submissions to Heather Blumenthal at HBlumenthal@ tahoekeyspoa.org.

Thank you!

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BOARD OF DIRECTORS, COMMITTEES & MEETINGS

By Kirk Wooldridge, General Manager AT THE JANUARY 20TH, 2021 REGULAR OPEN BOARD MEETING of the Tahoe

The court confirmed that the law only gives the right of attendance to members.

Keys Property Owners Association (TKPOA) the Board of Directors completed the appointment of property owners for the following Committees: The Tahoe Keys Waterways Restoration Fund – El Dorado Community Foundation (EDCF) 501(c)(3) – Appointment of the following property owners to the Committee: Keiron McCammon. The Board is also requesting members interested in serving on this Committee to submit a ‘Request to be Appointed” Form for consideration.

The notice for Committee meetings is posted on the TKPOA website and Pavilion bulletin board and announced at the Board of Directors Regular Open Board meetings.

Regular Open Board Meetings

The Board of Directors – Regular Open Board Meeting is scheduled for the third Wednesday of each month at 5:00 pm at the TKPOA Pavilion.

The Board of Directors Executive Session meetings will be conducted on the same Wednesday at 9:00 am, planning to end each session prior to the start of the Open Board Meeting at 5:00 pm. The Open Meeting Act only gives association members the right to attend open meetings of the association board. Civil Code §4925 states “Any member may attend board meetings…” So, tenants, family members of owners or owner representatives do not have the right to attend. The SB Liberty v. Isla Verde case, decided in 2013, involved owners who transferred their unit to their limited liability company and then sought to have their attorney attend board meetings on that company’s behalf. The court confirmed that the law only gives the right of attendance to members.

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The 2020–2021 schedule is as follows: 2020–2021 TAHOE KEYS PROPERTY OWNERS ASSOCIATION – BOARD OF DIRECTORS – REGULAR OPEN MEETINGS MONTH

DATE

DAY

MEETING

TIME

LOCATION

FEBRUARY

2/17/2021

Wednesday

Regular Board Meeting

6:00 pm

TKPOA Pavilion

MARCH

3/17/2021

Wednesday

Regular Board Meeting

6:00 pm

TKPOA Pavilion

APRIL

4/21/2021

Wednesday

Regular Board Meeting

6:00 pm

TKPOA Pavilion

MAY

5/19/2021

Wednesday

Regular Board Meeting

6:00 pm

TKPOA Pavilion

JUNE

6/16/2021

Wednesday

Regular Board Meeting

6:00 pm

TKPOA Pavilion

JULY

7/21/2021

Wednesday

Regular Board Meeting

6:00 pm

TKPOA Pavilion

AUGUST

8/18/2021

Wednesday

Regular Board Meeting

6:00 pm

TKPOA Pavilion

SEPTEMBER

TBA

Saturday

Regular Meeting – DIRECTOR

9:00 am

TKPOA Pavilion

Sunday

58th Annual Membership Meeting

9:00 am

TKPOA Pavilion

TBA

SEPTEMBER

Board Executive Session Meeting are held at 9:00 am on the same Wednesday as the Regular Board Meetings.

Executive Sessions

The Davis Stirling Civil Code for Common Interest Communities provides that executive sessions are meetings (that members cannot attend); members must be given notice of the time and place of an executive session, at least two days prior to the executive session (“Two Day Notice”). The Two Day Notice shall be given in the same manner that Board of Directors provide notice for open session board meetings by posting a notice in a prominent place or places within the common area and by mail to any owner who has requested notification of board meetings at the address requested by the owner (or, with the consent of the member who had requested notification of such board meetings, by email).

Executive sessions of the Board of Directors are provided by Civil Code so that Boards can address issues involving privileged information and matters of a private nature. As a result, property owners do not have a right to attend executive sessions. As provided for in Civil Code §4935, Boards may go into executive session for the following matters: CONTINUED ON PAGE 16 Keys Breeze

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15

BOARD OF DIRECTORS, COMMITEES & MEETINGS CONTINUED FROM PAGE 15

1. Legal Issues. Boards may go into

2.

BOARD OF DIRECTORS, COMMITTEES & MEETINGS

3.

4.

5.

6.

executive session to “consider litigation,” or to discuss current litigation.

Formation of Contracts. Boards may consider matters relating to the formation of contracts with third parties.

Disciplinary Hearings. Boards should meet in executive session for all disciplinary hearings or member disputes. The accused property owners are entitled to attend the executive session for that portion of the meeting dealing with property owner’s hearing.

Personnel Issues. Personal matters includes anything involving employees including, but not limited to, hiring, firing, raises, disciplinary matters, performance reviews, and adopting or amending employee policies.

Payment Plans. Board may meet with property owners in executive session to discuss requests by delinquent owners for payment plans.

Foreclosure. The decision to initiate foreclosure or collection activities shall be made only by the board of directors of the association and may not be delegated to an agent of the association. The board must approve the decision by a majority vote of the directors in executive session.

Board Meeting and Committee Minutes

Minutes as a rule, should record what was done at a meeting, not what was said. (Roberts Rules 11th ed., p. 468.)

Legally meeting minutes are not required to contain owner comments and should never be a transcript of every statement made by Directors and attendees. Once the minutes are taken and are proposed for adoption, they are marked to indicate draft status, and are available to property Keys Breeze

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FEBRUARY 2021

owners within 30 calendar days of the meeting (Civil Code §4950). These draft minutes then go into the board packet for the next meeting for board discussion and approval. As noted above, there is no requirement that draft minutes are posted. There is, however, a requirement that they be distributed to members who request them. If and when draft minutes are posted or distributed, they will have a large “DRAFT” stamp on the page or marked “DRAFT only—not approved by the Board” or something similar to indicate the minutes have not yet been approved by the board and may contain errors. The minutes, proposed minutes, or summary minutes must be distributed to any member of the association upon request.

Associations may charge for copying costs.

The TKPOA Board of Directors Minutes for Regular Open Session Meetings can be found on our Website at www.tkpoa.com.

There is also a “Board Actions Article” in each monthly Keys Breeze summarizing the Board actions taken at the previous months Open and Executives Session Meetings. Minutes for TKPOA Committee meetings for the Water Quality Committee (WQC), Finance Committee, the Architecture Control Committee (ACC), and other “Ad Hoc” Committees can also be found on the TKPOA Website.

Board Meeting Schedule

The TKPOA Board of Directors by vote has the ability to change the Regular meeting of the Board based on the current BYLAWS as long as the meetings are properly noticed.

To receive additional information on Board Meetings please contact the Pavilion Office at info@tahoekeyspoa.org or (530) 542-6444, Monday through Sunday from 8:30 am–4:30 pm.

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TKPOA Rules & the Rules Change Process

By Kirk Wooldridge, TKPOA General Manager

LIKE MANY COMMUNITY ASSOCIATIONS, the Tahoe Keys Property Owners

Association (TKPOA) has a set of written “Governing Documents” which includes our Articles of Incorporation, BYLAWS, Declaration of Covenants, Conditions, and Restrictions (CC&Rs), Architectural Control Rules (ACR) and Operating Rules.

As mentioned above in addition to our BYLAWS and CC&Rs, the TKPOA also operates under the Architectural Control Rules (ACR) and Association Operating Rules. These rules like the BYLAWS and CC&Rs have even more of a “day to day” or individual effect on our property owners, and with that said tend change more with the “times”, current usage of amenities, and changes in building products. So it is important to realize that any property owner can propose an ACR or Operating “rule change” or change to the BYLAWS and CC&Rs and there is a process for these proposed rule changes.

The Architectural Control Rules (ACR) is the “design standards” for properties in the TKPOA. Some TKPOA property owners mistakenly believe these standards restrict their individual expression; actually they provide a framework within which each property owner can express individual tastes and preferences. The standards have been carefully developed to reflect a balance between individual rights and the good of the entire association – that is, continuing to maintain and improve property values.

These guidelines maintain architectural standards and provide a basis for treating all property owners fairly and reasonably. Written guidelines allow you and the Architectural Control Committee (ACC) to work from the same criteria, and are published as the Architectural Control Rules (ACR), TKPOA Bylaws and CC&Rs. Sometimes architectural rules and requirements can be complex. The ACR’s rules show you exactly what is required so you can comply with the community’s standards. The ACC wants the paperwork to be as simple as possible for everyone. The ACR rules take the guesswork out of your application and their decision making.

The ACR rules provide criteria for the current ACC to make appropriate decisions, and for future committees’ to make decisions that are consistent.

Otherwise, the application approved today may be found unacceptable by future committee members when construction is completed.

CONTINUED ON PAGE 18

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TKPOA RULES & THE RULES CHANGE PROCESS CONTINUED FROM PAGE 17

The ACR rules clarify the association’s authority in this area. California State statues and our Governing Documents give the TKPOA a legal right to enact and enforce design standards. The ACR rules spell this out so everyone understands they must comply even if they don’t agree.

The Association Operating Rules are any regulation adopted by the Board of Directors of a condominium or homeowners association that applies to the management and operation of the association or the conduct of its business and affairs. Civil Code §4340. This includes pets, parking, use of the common areas, member discipline, architectural standards, election procedures, any schedule of monetary penalties, etc. Civil Code §4355(a). Excluded are decisions relating to common area maintenance, a specific matter (as opposed to a general policy), assessment amounts, a non-discretionary rule change required by law, or a rule that repeats existing law or the association’s bylaws, CC&Rs or articles of incorporation.

Civil Code §4355(b). Enforceability of rules, as provided for in Civil Code §4350, an operating rule is enforceable if: (1) it is in writing, (2) it is within the board’s authority, (3) it is consistent with governing law and the associations governing documents, (4) it is adopted in good faith, and reasonable.

The Rules Change Process

There is a specific process that must be followed for rule changes. Any property owners of the Association in good standing or Association management may submit a proposed rule change. First, the section/subsection of the existing rule must be documented verbatim.

Then any additions to the rule should be inserted using bolded underlined text. Any deletions should be shown using strikethrough. A Purpose and Effect statement must also be included with the proposed change and should explain the purpose for the change and the effect the change will have. Once drafted, the proposed change goes through the following process:

For Association Rules 1. Proposed changes are first submitted to the TKPOA

Staff and Board of Directors. The TKPOA staff will review the proposed rule change(s) and check it/ them for proper format and ensure that it/they are not in conflict with any other governing documents, Keys Breeze

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California Civil Code, ordinances or laws and to determine next steps, such as ACC or Legal Counsel Review. The proposed rule change is then placed on the next TKPOA Board of Directors Regular Meeting agenda upon the Board Presidents approval. The member submitting the proposed change should attend the meeting. All TKPOA members in good standing are welcome to attend these meetings.

2. If the Board of Directors approves the rule changes, it is then approved to be published in the Keys Breeze or sent as a mailing to all members for the required 28 day review period.

3. Requests for rule changes can be emailed to the TKPOA Board Administrative Assistant, Angela LaTella, ALaTella@tahoekeyspoa.org or they can be dropped off at the TKPOA Pavilion Office. Requests should be submitted at least ten days prior to the next scheduled Board meeting date.

Notice of Proposed Change. Before adopting or amending an operating rule or changing a fine schedule, the Board must “provide written notice of a proposed rule change to the members at least 28 [As of January 1st, 2019 this has changed from 30 days] before making the rule change.” The notice must include the text of the proposed rule change and a description of its purpose and effect. Notice is not required if the board determines that an immediate rule change is necessary to address an imminent threat to public health or safety or imminent risk of substantial economic loss to the association. Civil Code §4360(a).

Method of Notice. The method of providing notice of a rule change is described in Civil Code §4360 as the methods approved by Civil Code §4040, §4045 and §4050.

TKPOA gives notice to the TKPOA member of proposed rule changes by publication in a TKPOA Keys Breeze monthly magazine that is mailed to all members of the association or through a direct mailing. The Keys Breeze is the official monthly publication of the Tahoe Keys Property Owners Association. The Keys Breeze magazine is also available via our TKPOA website: www. tkpoa.com. (Also on the TKPOA website is additional information on the ACC Rules, CC&Rs, Operating Rules, and Bylaws change process) It is during this 28 day time period once the Notice of Proposed change is posted that the TKPOA Board of Directors would like to hear TKPOA members’ questions or concerns on the proposed rule change through attending regular monthly TKPOA Board meetings, emails and phone calls, attending the corresponding

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18

TKPOA Committee Meetings that the rule change may have originated with, or through contacting the TKPOA Administrative Assistant.

After the 28 day review period the proposed change will go back to the Board for approval to be adopted. Any member feedback that has been provided during the review period is considered by the Board before a decision is made.

If the Board approves the proposed change, it is published in Keys Breeze, or sent as a member mailing a second time as a notification to the membership that the rule has been changed along with its effective date.

Notice of Adoption. Within 15 days of voting on the rules, the board must notify the membership of the results of the vote. Civil Code §4360.

Once adopted the new rule or rule change is added to the Association Operating Rules/”Governing Documents” and is enforceable. The TKPOA Operating Rules and Governing Documents are enforceable by the TKPOA Board of Directors through the TKPOA member discipline process, suspension of privileges, fines, and in some cases El Dorado County Ordinances and Codes.

The TKPOA Board of Directors can approve Emergency Rule Changes under the Davis Stirling Act – Civil Code. If the Board determines that an immediate rule change is required to address an imminent threat to public health or safety, or an imminent risk of substantial economic loss to the association, it may make an emergency rule change and no 28-day noticed waiting period is required. An emergency rule change is effective for 120 days, unless the rule change provides for a shorter effective period.

Civil Code §4360. Any TKPOA member can propose a rule change or change to our Governing Documents, which include the Association Rules, the Bylaws, CC&Rs and the Architectural Control Committee (ACC) rules.

Once the Emergency Rule has been approved it then follows the Operating Rules process for adoption as a permanent rule change of the TKPOA Association Rules. TKPOA Association Rules are operating rules that are defined by California’s Davis-Stirling Act. Based on ongoing updating and adding to our rules, the TKPOA Board of Directors, Architectural Control Committee (ACC) and TKPOA community members are all looking to improve the Tahoe Keys for all of its property owners. Not only to improve safety, but to maintain costs of operating the Association as well as protect your property values. If you need a copy of the current TKPOA Association Operating Rules and Governing Documents they can be found on the TKPOA website: www.tkpoa.com, or stop by the TKPOA Pavilion Office: Monday through Sunday from 8:30 am–4:30 pm.

If the Board determines that an immediate rule change is required to address an imminent threat to public health or safety, or an imminent risk of substantial economic loss to the association, it may make an emergency rule change and no 28-day noticed waiting period is required.

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Greetings

Tahoe Keys Property Owners!

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Importance of Dog Leash and Other Pet Rule Requirements I AM WRITING TODAY TO INFORM YOU of the importance of

always keeping your dog on a leash and to pick up after your dog properly during your walks around the Keys.

While it can be fun to let your dog free occasionally, it can be dangerous and uncomfortable for other members and their guests who are also out enjoying the Tahoe Keys outdoors.

TKPOA Security receives regular calls from concerned members regarding dogs being off leash or pet waste that was not properly disposed of. The intent of TKPOA’s leash rule is to protect the health and safety of Association members and to protect your pet. Our goal is to prevent potential accidents from occurring that could harm or upset neighbors who are enjoying their time outside as well. The use of a leash will benefit you, your neighborhood, and your pet. There are many good reasons to keep your dog on a leash:

1.

2.

3.

4.

5.

It is a great good neighbor policy, preventing your dog from trespassing on the neighbor’s property during your walk. It also keeps your dog from jumping on people you encounter, ensuring that your dog has the chance of being properly introduced.

Walking your pet on a leash will prevent the spread of disease. A leashed dog can be restrained from sniffing the droppings of other animals.

A leash is commonly referred to as “Your Pet’s Lifeline,” protecting your pet from traffic and unrestrained animals.

Accidents or animal bites are greatly reduced when responsible pet owners obey the leash law.

It is a great identification tool, symbolizing that the dog has an owner, and enabling someone who sees the leash and identification tag attached to the dog’s collar to find you if you and your pet should become separated.

It is a great relief to wildlife, keeping your dog from chasing squirrels, deer, and other wildlife.

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While pets may remain unleashed while on the owner’s property (including front yards and porches), it is a violation of the TKPOA Association Operating Rules and against California Law to have a dog off a leash in a Common Area of the Tahoe Keys including but not limited to, common parks, walkways, streets, and Townhome Cove common park areas.

TKPOA has installed pet waste disposal stations throughout the Tahoe Keys common areas to ensure easy and quick disposal for responsible pet owners to pick up after their pets. Proper pet waste disposal assists the Tahoe Keys in maintaining our beautiful park and walkway areas for the benefit of our members, their neighbors, and their guests. It is always a good practice for all pet owners to clean up after their furry friends.

While TKPOA’s goal is compliance with all rules and regulations, a member may be fined up to $1,000 dollars for violation of these rules. TKPOA’s enforcement procedure begins with a first and second violation letter before moving to the Board Hearing step for a third violation where fines may be assessed. Subsequent violations after the third will result in an automatic hearing with the Board of Directors.

Please keep your dog leashed, safe, and be a good neighbor and be sure to pick up after your pet while enjoying the outdoors.

Please contact TKPOA Security at (530) 545-0847 with any questions or concerns.

Thank you!

Jesse Isaacson

TKPOA SECURITY SUPERVISOR

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21

TKPOA by the Numbers

2020 DEPARTMENT SUMMARY REPORT

By Heather Blumenthal, Operations Manager ON BEHALF OF TKPOA MANAGEMENT I would like to thank all TKPOA Staff and the Member Volunteers who donated

their time and effort to our Community for their hard work in 2019. TKPOA had another successful and eventful year in 2020 and we’re on our way to another great year in 2021.

ACC 2018

2019

2020

NUMBER OF APPLICATION SUBMITTALS

317

310

372

NUMBER OF APPROVALS

299

298

410

FIRST VIOLATIONS/COURTESY NOTICES

469

623

349

SECOND VIOLATION NOTICES

66

97

82

THIRD CERTIFIED LETTER

18

35

55

NUMBER OF FINES IMPOSED

25

38

49

NUMBER OF COMPLIANCES COMPLETED

433

470

288

NUMBER OF ACC MEETINGS HELD

20

17

18

2

3

1

1,035

1,577

1,485

28

14

11.5

2018

2019

2020

1,345

1,135

1,110

COMMUNITY PATROLS – FOOT

776

712

2,907

WATERWAY PATROLS – BOAT

89

90

55

COURTESY NOTICES

151

348

208

PARKING VIOLATIONS

498

315

239

ACC REFERRALS

252

267

201

3,111

2,867

4,720

SECURITY CALLS - COMMON AREAS

378

187

407

SECURITY CALLS - SUBDIVISIONS

458

248

429

SECURITY CALLS - TOWNHOMES

201

176

793

1,037

611

1,629

NUMBER OF WORKSHOPS HELD TOTAL LETTERS SENT ACC BOAT PATROL HOURS

SECURITY COMMUNITY PATROLS - VEHICLE

TOTAL

TOTAL CALLS TO SECURITY

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INDOOR POOL 2018

2019

2020

10,937

11,653

7,269

708

1,099

449

RENTERS

5,415

5,685

1,147

GUESTS

11,825

13,303

7,545

UNDER 5

1,341

1,765

957

30,226

33,505

17,367

2018

2019

2020

1,632

1,347

1,334

155

196

120

RENTERS

1,871

2,076

1,229

GUESTS

2,495

2,754

2,506

UNDER 5

1,821

1,254

1,129

TOTAL USAGE

7,974

7,627

6,318

2018

2019

2020

5,084

4,830

5,576

403

422

467

2018

2019

2020

WELL #1 PRODUCTION (GALLONS)

52,372,100

43,688,100

78,487,517

WELL #2 PRODUCTION (GALLONS)

90,768,860

64,612,000

85,222,000

WELL #3 PRODUCTION (GALLONS)

126,536,000

161,757,000

176,993,400

TOTAL PRODUCTION

269,676,960

270,057,100

340,702,917

OWNERS LONG TERM RENTERS

TOTAL USAGE

OUTDOOR POOL OWNERS LONG TERM RENTERS

LANDSCAPING HOURS WORKED TRASH PATROLS COMPLETED

WATER COMPANY

TKPOA

BY THE NUMBERS

For any questions please contact Operations Manager Heather Blumenthal at (530) 542-6444, ext. 228 or hblumenthal@tahoekeyspoa.org.

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WATER QUALITY HOURS WORKED (HARVESTERS AND BOATS COMBINED) DAYS WORKED HARVESTER WEED REMOVAL (CUBIC YARDS) SKIMMER BOAT WEED REMOVAL (CUBIC YARDS) NUMBER OF HARVESTERS NUMBER OF SKIMMER BOAT CREWS

2018

2019

2020

5,184

4,591

3,803

110

145

110

4,962

5,748

8,549

791

526

1,056

2-58*

3

3

2–3** and the Omni Cat

1–3** and the Omni Cat

1–3** and the Omni Cat

* WQ Staff had many mechanical issues with the harvesters which limited productivity during the 2018 season ** WQ Staff has been limited with Fragment Control Staffing requirements during the 2018, 2019, and 2020 seasons

MAINTENANCE 2018

2019

2020

WORD ORDERS COMPLETED (COMMON)

176

192

187

WORD ORDERS COMPLETED (TOWNHOMES)

146

166

176

WORK ORDERS RECEIVED (COMMON)

176

193

189

WORK ORDERS RECEIVED (TOWNHOMES)

145

164

190

PREVENTATIVE MAINTENANCE PROJECTS (COMMON)

81

74

77

PREVENTATIVE MAINTENANCE PROJECTS (TOWNHOMES)

66

66

61

MAINTENANCE PROJECTS COMPLETED (COMMON)

41

44

57

MAINTENANCE PROJECTS COMPLETED (TOWNHOMES)

39

34

50

2018

2019

2020

10,648

8,038

8,071

9,370

7,808

4,202

MEMBER PASSES PROCESSED

522

635

602

RECREATIONAL PASSES SOLD

0

105

21

5,432

4,240

5,194

TENNIS PASSES SOLD

26

60

76

BEACH PASSES SOLD

0

0

0

TKB&HA PASSES SOLD

32

71

56

TAHOE ISLAND PARK SUBDIVISION NO. 4 PASSES SOLD

17

19

26

LONG TERM RENTER PASSES SOLD

136

169

136

HOMEOWNER BOAT STICKERS

508

194

181

RENTER (LONG AND SHORT TERM) BOAT STICKERS

24

54

51

EMAIL EBLASTS

178

94

114

ACC FORM REQUESTS

342

356

272

ADMINISTRATION (FRONT DESK) PHONE CALLS RECEIVED MEMBER/GUEST WALK INS

POOL PASSES SOLD

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By Linda Callahan, Architectural Control Department Manager

HOT TUBS

REQUIRE ACC APPROVAL IF YOU ARE CONSIDERING THE PLACEMENT of a hot tub on your property, several

ALL SAUNAS, JACUZZIS, SPAS, PORTABLE SPAS, AND HOT TUBS MUST BE APPROVED BY ACC PRIOR TO INSTALLATION OR CONSTRUCTION.

issues need to be addressed prior to installation. First, you must submit a Form 12, Spa/Sauna/Hot Tub application to the Architectural Control Committee (ACC) for review. This form can be found on our website at www.TKPOA.com or we will also be happy to email you the application.

All saunas, jacuzzis, spas, portable spas, and hot tubs must be approved by ACC prior to installation or construction. Failure to do so will result in a fine.

Requirements are outlined in Section 12 of the Architectural Control Rules Brochure.

12.01 All accessory structures or equipment must be approved by the ACC prior to installation.

12.02 No lot accessory may be placed in any set-back area nor can they be placed anywhere on the street-side of the lot (side set-back -5 feet, rear set-back -15 feet from high water line (HWL).

12.03 Motorized or noise emitting installations (like pumps, filters or other equipment) will require soundproofing or a decibel rating low enough so as not to disturb neighbors.

12.04 All saunas, jacuzzis and hot tubs must be outfitted with a locked, secure childproof cover.

12.05 City of South Lake Tahoe requires permits for some lot accessories.

Any required permits must be obtained from the CSLT prior to installation.

12.06 No lot accessories may be installed upon Over Water Platforms (OWPs), landings or any other over-water structure.

Be mindful of TRPA coverage considerations when planning the placement of the sauna, jacuzzi, spa or hot tub. General land use requirements and building codes are established and enforced by CSLT and other agencies.

When applying for a hot tub, keep these things in mind: • A backflow preventative device must be installed, if appropriate for the unit.

• Hot Tubs must never be placed within the property’s 5 feet side setback or 15 feet rear setback.

• Preferably, the unit should be centered within the property to avoid disturbing neighbors. Sounds of pumps kicking on and off all night can be a nuisance to your neighbors. This is especially true if the property is being used as a vacation rental.

Any questions can be directed to the ACC Department at (530) 5426444, ext. 239 or lcallahan@tahoekeyspoa.org.

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2021 ACC APPLICATION SUBMITTAL SCHEDULE Submittal Deadline (Wednesday prior to the meeting) December 30, 2020 January 27 February 24 March 31

2021 ARCHITECTURAL CONTROL COMMITTEE MEETING SCHEDULE

April 14 April 28

JANUARY 5 CANCELLED

FEBRUARY 2

MARCH 2

APRIL 6 & 20

MAY 4 & 18

JUNE 1 & 15

JULY 6 & 20

AUGUST 10 & 24

SEPTEMBER 14 & 28

OCTOBER 12

NOVEMBER 9

DECEMBER 7

May 12 May 26 June 9 June 30 July 14

IMPORTANT! ACC Meetings have been moved from Mondays to Tuesdays for 2021.

August 4 August 18

All meetings are held at the Pavilion and begin at 9:00 am unless otherwise posted. ACC application submittals are due by Wednesday prior to the meeting date. For more information please contact Linda Callahan, ACD Manager, at (530) 542-6444, ext. 239, or lcallahan@tahoekeyspoa.org.

September 8 September 22 October 6 November 3 December 1

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MAIL PAYMENTS TO:

Tahoe Keys POA P.O. Box 1026 Roseville, CA 95678-8437

Quarterly statements are mailed out as a courtesy, however, assessment payments are due even if the statement is not delivered by your mail courier.

THE ASSESSMENT PAYMENT SCHEDULE is located towards

the back of every Keys Breeze issue.

Assessments are due on a quarterly basis as indicated in the assessment payment schedule. No other payment plans have been approved by the board, so please pay your assessment in full according to the schedule.

QUARTERLY DUE ASSESSMENT

Qtr 1 Qtr 2 Qtr 3 Qtr 4

Jan. 1

April 1

July 1 Oct. 1

LATE FEE APPLIES AFTER

Jan. 30 April 30 July 30 Oct. 30

Meetings and Approvals

At the January 20th, 2021 open board meeting, the TKPOA Board of Directors, approved the November Financial Statements, reviewed homeowner delinquent accounts and scheduled disciplinary hearings on delinquent accounts. There was 1 approval for lien filing for delinquent homeowners. Disciplinary hearings are generally held when a homeowner is delinquent on 2 quarterly assessments.

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At the January 26th, 2021 Finance Committee meeting, the Committee approved the minutes from the December 15th, 2020 Finance Committee meeting, reviewed an announcement regarding the upcoming 2020 Audit Schedule, reviewed and approved the November Financial Statements, reviewed a follow up memo from the Facilities Manager regarding Landscaping wages in October. The Finance Committee also heard a report from the Accounting Manager and the General Manager on the Cash flow Analysis for the East Channel Bulkhead Project, and reviewed the 2020 Legal expenses through 12/31/2020.

The next meeting for the Finance Committee is scheduled for Tuesday, February 23rd, 2021. As a reminder, the Budget meetings, the Board meetings, and the Finance Committee meetings, and are open to members of the TKPOA (meeting dates are subject to change).

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TAHOE KEYS PROPERTY OPERATING AND RESERVE FUNDS NET INCOME RESULTS AS OF NOVEMBER 30, 2020 (ACCRUAL BASIS) ANNUAL EXPENSE BUDGET % REMAINING BUDGET

OPERATING FUNDS (YEAR TO DATE) FUND

INCOME

EXPENSE

NET INCOME

BUDGETED

%

EXPENSE

RESERVE FUNDS (YTD) NET INCOME

TKPOA COMMON Common

$2,444,224

$1,838,267

$605,957

$2,285,346

19.6%

$567,513

Water Quality

524,628

489,663

34,965

528,161

7.3%

348,109

Water Company

640,158

625,728

14,429

657,859

4.9%

(123,719)

$3,609,009

$2,953,658

$655,352

$3,471,366

14.9%

$791,904

TKPOA TOTALS

SUBDIVISIONS Cove 1

$69,013

$65,617

$ 3,396

$69,043

5.0%

(36,109)

Cove 2

65,008

60,264

4,744

63,052

4.4%

32,785

Cove 2A

96,882

98,388

(1,506)

95,611

-2.9%

(17,384)

Cove 3A

73,827

61,789

12,038

72,940

15.3%

53,062

Cove 3B

65,601

66,535

(935)

63,545

-4.7%

34,531

Cove 3C

130,804

115,914

14,891

131,063

11.6%

(12,966)

Cove 4

54,147

49,326

4,821

54,785

10.0%

(99,729)

Cove 5

257,790

234,280

23,510

249,791

6.2%

111,177

Islanders I

33,257

31,651

1,606

33,111

4.4%

9,742

Islanders II

60,200

65,473

(5,273)

60,961

-7.4%

34,162

Islanders III

129,636

113,768

15,868

120,461

5.6%

44,562

Tahoe Marina Shores

176,636

155,253

21,383

167,149

7.1%

21,642

Lighthouse Shores

36,658

30,376

6,281

37,769

19.6%

(85,286)

PineStone East

1,232

1,107

124

1,242

10.8%

57,973

PineStone West

774

739

36

807

8.5%

1,905

1,925

2,709

(784)

2,961

8.5%

15,962

SUBDIVISION TOTALS

$1,253,390

$1,153,189

$100,201

$1,224,291

5.8%

$166,028

ASSOCIATION TOTALS

$4,862,399

$4,106,847

$755,552

$4,695,657

12.5%

$957,932

12

8.3%

PineStone 3

Operating Months Remaining

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OWNERS ASSOCIATION OPERATING AND RESERVE FUND BANK BALANCES AS OF NOVEMBER 30, 2020 (ACCRUAL BASIS) FUND

OPERATING

RESERVE

TKPOA Common

$127,933

$1,133,082

$-

$450,251

Water Quality

$143,890

$351,360

Water Company

$42,637

$358,292

TKPOA TOTALS

$314,461

$2,292,984

Com—Channel and Lagoons

SUBDIVISIONS Cove 1

$29,185

$177,894

Cove 2

38,107

174,252

Cove 2A

$(136)

241,999

Cove 3A

15,410

280,601

Cove 3B

$(6,769)

249,252

Cove 3C

18,459

384,443

Cove 4

44,119

147,369

Cove 5

$(36,243)

971,142

Islanders I

26,867

255,039

Islanders II

$(3,002)

147,862

Islanders III

3,554

509,650

Tahoe Marina Shores

40,497

103,126

Lighthouse Shores

32,442

196,106

PineStone East

5,838

131,319

PineStone West

3,103

12,824

PineStone 3

25,244

58,657

SUBDIVISION TOTALS

$236,673

$4,041,535

ASSOCIATION TOTALS

$551,134

$6,334,519

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ANNOUNCEMENT OF MEMBERSHIP REVIEW OF PROPOSED CC&RS CONTINUED FROM PAGE 4

A trus

A trusted nam

CC&Rs (4th Draft)

An updated version of the CC&Rs has been prepared with the assistance of the Richardson Ober and DeNichilo LLP (ROD) law firm, who specialize in homeowners associations in California www.rodllp.com. The updated version CC&Rs (4th Draft) reflects the changes in law that took effect last year, as well as other improvements from the 3rd Draft review process.

To assist members with the review, a Summary of Key Changes to the proposed CC&Rs (4th Draft) has been prepared by the Bylaws and CC&Rs Communication Ad Hoc Committee, but members should also review the proposed CC&Rs for themselves.

Planned Review Process

The review process is planned to take about two months and will include reviews by the ACC, Finance, and Cove Advisors committees and a Town Hall Forum.

• Member review of the proposed CC&Rs (4th Draft) and Summary of Key Changes • Review by TKPOA committees • Town Hall planned for February 25th, 2021 • Provide feedback to the Bylaws & CC&Rs Communication Ad Hoc Committee • Provide feedback to the TKPOA website forum (www.tkpoa.com > Forum > General) • Board review of member feedback

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Documents Are Posted on the TKPOA Website

The proposed CC&Rs (4th Draft) and Summary of Key Changes are available on the TKPOA website in the Documents section www.tkpoa.com > Documents >CC&Rs and Bylaws. The current CC&Rs adopted in 1991 are also available on the website. Members can also use the TKPOA website Forum section to provide feedback on the proposed 4th Draft CC&Rs. PETER

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Questions

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For questions, you may contact Committee members Albert Chandler at PeterDe al@atchandler.com or Ken Silveira at ken-sil@msn.com .

PeterD Members may also contact General Manager Kirk Wooldridge, at kwooldridge@tahoekeyspoa.org, the TKPOA office at (530) 542-6444, ext.

224. For additional information and assistance, the TKPOA Administrative Staff is available by phone at (530) 542-6444 from 8:30 am until 4:30 pm or via email at info@tahoekeyspoa.org Monday–Friday.

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