I hope you all had a terrific holiday season and New Year’s, and that you were successful in your holiday football pools!!! Happy 2020!!!
During the General Meeting held on October 17, 2019, the Board reported on the need for VI to “revitalize” our Deed Restrictions (“DR”). The Revitalization process is now nearly complete. Thank you to all the homeowners who have already sent in their signed Consent Forms. For those of you who have not already done so, please return your Consent Form by January 20. If you have any questions, please visit http://www.ourvi.org/revitalization.html or contact a Board Member. We will confirm whether the existing DR's have been extended for another 30 years at the V.I.H.A. Annual Meeting on January 23rd.
The DRs have been in place since properties in VI were constructed starting in the late 1970s. Although many VI residents specifically moved here because they wanted to live in a deed restricted community and appreciate the benefits that the DRs provide; there are some residents who moved here knowing VI is deed restricted but didn’t necessarily understand that compliance is mandatory.
Due to improved technologies, building materials and changes in lifestyles, I think we can all agree that the DRs need to be updated. We have updated some over the years (fencing, for example) but it is a big task and takes the efforts of many. The Deed Restriction Revision Committee (“DRRC”) had begun work on proposed amendments to the DRs prior to the VIHA kicking off the Revitalization effort. Assuming the Revitalization effort is successful, the DRRC will continue these efforts and will look for input from owners of DR Properties through a series of emails and Town Hall meetings. This will be your chance to voice your ideas on an existing DR or propose new ones. Remember that any changes to the DRs have to be approved by 66.67% of the owners of DR Properties.
The 2020 VIHA Annual Meeting and Board Elections have been scheduled for January 23, 2020 at 7pm at Lutheran Church of the Cross. Hope to see you there!!!
Note a version of this letter also appeared in the January issue of Life on the Isles