{"id":136054,"date":"2025-12-16T16:15:57","date_gmt":"2025-12-17T00:15:57","guid":{"rendered":"https:\/\/oakmontvillage.com\/?p=136054"},"modified":"2026-01-15T10:57:12","modified_gmt":"2026-01-15T18:57:12","slug":"next-steps-approved-for-updating-ovas-governing-documents","status":"publish","type":"post","link":"https:\/\/oakmontvillage.com\/article\/next-steps-approved-for-updating-ovas-governing-documents\/","title":{"rendered":"Next Steps Approved for Updating OVA\u2019s Governing Documents"},"content":{"rendered":"\n<p class=\"\">News Staff<\/p>\n\n\n\n<p class=\"\">The OVA Board voted unanimously on December 16 to proceed with a \u201ccompliance-focused\u201d restatement of the Association\u2019s bylaws and CC&amp;Rs with Adams | Stirling, following guidance from the Association\u2019s HOA legal counsel.<\/p>\n\n\n\n<p class=\"\">Rather than move forward with the three-part recommendation presented by the Governing Documents Committee (GDC) at last month\u2019s board meeting, the board instead will proceed with a restatement, limited solely to bringing OVA\u2019s bylaws and CC&amp;Rs into compliance with current law.<\/p>\n\n\n\n<p class=\"\"><a href=\"https:\/\/oakmontvillage.com\/article\/video-12-16-2025-board-meeting\/\">Video: 12-16-2025 Board Meeting<\/a><\/p>\n\n\n\n<p class=\"\">\u201cThe Board carefully reviewed the recommendations provided by the GDC, including the suggestion to address legal compliance through targeted amendments,\u201d said board president Matt Oliver. But \u201cafter consideration and based on advice from the Association\u2019s HOA legal counsel, the Board determined that a compliance-focused restatement is the most appropriate and legally sound approach at this time,\u201d Oliver said.<\/p>\n\n\n\n<p class=\"\">Oliver thanked the GDC \u201cfor the time, effort, and thoughtful work they have devoted to reviewing the Association\u2019s governing documents. Their contributions have been valuable in identifying areas for consideration and helping inform the Board\u2019s deliberations.\u201d&nbsp;<\/p>\n\n\n\n<p class=\"\">The board\u2019s action will provide members with a single, consolidated set of governing documents that is easier to read and understand, rather than multiple amendments layered over time. Completing this compliance work first establishes a clear and reliable foundation when additional updates to the governing documents come up in the future.<\/p>\n\n\n\n<p class=\"\">Any future phases beyond legal compliance could be considered separately and would include more in-depth community discussion. If additional phases are pursued, they will be communicated to the membership accordingly.<\/p>\n\n\n\n<p class=\"\">The Board directed General Manager Christel Antone to obtain an updated proposal and timeline from legal counsel for preparation of the compliance-focused restatement documents, ensuring the Association\u2019s governing documents remain valid, enforceable, and aligned with current law. <\/p>\n\n\n\n<p class=\"\">The Board also stated that Governing Documents Committee members are expected to continue their involvement by reviewing the updated documents prior to a membership vote.<\/p>\n\n\n\n<p class=\"\">Updates will be shared as the process moves forward.<\/p>\n\n\n\n<p class=\"\"><strong>OVA Insurance Policy for 2026<\/strong><\/p>\n\n\n\n<p class=\"\">The Association\u2019s insurance policies renew on January 1, 2026. The OVA received insurance quotes through broker Cline Insurance totaling just under $300,000. The proposed coverage provides broader protection at than last year\u2019s insurance and includes general liability, automobile coverage, a commercial umbrella policy, directors and officers (D&amp;O) coverage, fiduciary liability, earthquake, and flood insurance.<\/p>\n\n\n\n<p class=\"\">The estimate does not include the Association\u2019s commercial property insurance, which renews separately in May.<\/p>\n\n\n\n<p class=\"\">By unanimous decision, the board approved the insurance proposal not to exceed $300,000.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The OVA Board voted unanimously to proceed with a compliance-focused restatement of the Association\u2019s bylaws and CC&#038;Rs.<\/p>\n","protected":false},"author":957,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[35],"tags":[],"class_list":["post-136054","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/oakmontvillage.com\/wp-json\/wp\/v2\/posts\/136054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/oakmontvillage.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/oakmontvillage.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/oakmontvillage.com\/wp-json\/wp\/v2\/users\/957"}],"replies":[{"embeddable":true,"href":"https:\/\/oakmontvillage.com\/wp-json\/wp\/v2\/comments?post=136054"}],"version-history":[{"count":2,"href":"https:\/\/oakmontvillage.com\/wp-json\/wp\/v2\/posts\/136054\/revisions"}],"predecessor-version":[{"id":136078,"href":"https:\/\/oakmontvillage.com\/wp-json\/wp\/v2\/posts\/136054\/revisions\/136078"}],"wp:attachment":[{"href":"https:\/\/oakmontvillage.com\/wp-json\/wp\/v2\/media?parent=136054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/oakmontvillage.com\/wp-json\/wp\/v2\/categories?post=136054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/oakmontvillage.com\/wp-json\/wp\/v2\/tags?post=136054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}