Email re Lakes of Coppell HOAL Gary Sieb - Proposed Addition of Your Project F'~age 1 I
From:
TO:
Date:
Subject:
"Susan Bailey" <sbailey@cmamanagement.com>
<jdbrealestate3@aol.com>
10/15/2003 4:39:42 PM
Proposed Addition of Your Project
To: John Speanburg
Managing Partner
John,
Per your request, here's an update regarding the stetus of adding your
project to the Lakes of Coppetl Owners Association. After meeting with
you on the 25th of September, the Board discussed the addition and came
to a decision regarding the next steps.
The blueprints you submitted have been forwarded to the Association's
Counsel, Riddle and Williams, for review and a title search in order to
ascertain the procedure necessary to legally annex your project. While
the documents do allow for annexation, the conditions are thus:
1. Following the foreclosure on Triland Investments, Sunbelt
Savings and Loan became the "developer" and re-platted some areas of the
community. It is not entirely clear if this was done just within the
original boundaries of the master plat, or if the master plat was
changed to exclude the property, and thus the school "swapped" their
location for the current location of the school on MacArthur and Village
Parkway, which had been originally zoned for multi-family to allow
townhouses.
2. If that is the case, the Association could still annex the
parcel, but a vote in the affirmative of two-thirds (2/3) of the Members
would
be needed to allow the Board to extend the invitation,
since a ten year period has elapsed from the time the Documents were
first recorded. Reference Article II, Sections (2.02) and (2.03).
As soon as the Attorneys have reviewed and advised the Association of
its options, we will contact you. We hope that will be very soon!
Should you have any questions, please do contact me at any time.
Thank you,
Susan Bailey
Association Manager
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