November 12, 2022 Henry Schwoeble

HOA Bylaws

The Greencrest Bylaws are the operating document of the Greencrest Homeowners Association. They are also the ruling document of the Greencrest Homeowners Association Board of Directors. Bylaws are the instructions from the Association’s membership to the Board concerning how to to conduct its business. They set forth the basic structure and abilities of the Board. They are normally kept basic in order to provide the Board with the latitude to pursue the interests of the organization. Bylaws are legal documents, and the inclusion requirements for them vary from state to state.

Unless specified in the Bylaws, Association meeting protocols, policies, and rules are subject to each Board’s review and adjustment as the Board sees necessary to meet current needs. Changes to the Bylaws require a majority vote of property owners present at a General Membership Meeting, either annual or special, as described in Article XIII. A copy of the current Bylaws and original Articles of Incorporation can be downloaded from the attachments below.

2024 Proposed By-Law Updates

Membership Approval of Proposed Bylaws Updates at the Oct 2024 Annual Meeting

Gereencrest Homeowners Association is governed by the Colorado Revised Nonprofit Corporation Act, C.R.S. 7-121-101, etc. The Association has all rights, duties and powers permitted by the Nonprofit Act, “Unless otherwise provided in the bylaws” where allowed by the act.

The current GHOA Bylaws have not been updated since 2012 (2018 updated only Dues), and contain unnecessary restrictive provisions vs the current Nonprofit Act (e.g no proxies or voting by telecommunication, meeting notice only by USPS first class mail.) While there are other important updates needed to our current bylaws, updates to the three sections listed below are needed for efficient operation of the Association.

The proposed wording of the updated Bylaws, and the Colorado Revised Nonprofit Act (2023) have been posted to the GHOA website along with the current Bylaws. Please review the material and submit any comments or questions to board@greencresthoa.org.

· GHOA 2012 Bylaws Article IV Section 3, NOTICE OF MEETING.

· GHOA 2012 Bylaws Article IV Section 5, VOTING

· GHOA 2012 Bylaws Article IX Section 2, COMPOSITION OF THE BOARD.

Although we strongly encourage your attendance at the meeting to participate in the discussion and vote, you may also request a written ballot to vote on this matter

Greencrest HOA
Post Office Box 25006
Colorado Springs, CO 80936-5006
board@greencresthoa.org
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