Proposed CC and R Amendment

 

In January, you will have the opportunity to vote on a proposed amendment to the Robson Ranch Covenants, Conditions, and Restrictions (CC&Rs). The proposed amendment will establish a fee, called the Capital Contribution Fee (CCF). The fee will provide additional funding for homeowner-desired improvements, as well as, a funding for the Reserve fund. The fee will be equal to one year’s annual HOA dues and will be assessed to the new owner upon the purchase of an existing home.

Most Robson Communities, Inc. (RCI) communities have amended their CC&Rs to add a resale buyer’s fee, of some kind, to help fund future expenditures. However, most have had to wait until after transition, which occurs after all the new homes have been built and the HOA is no longer under RCI control. RCI is providing Robson Ranch with the opportunity to change their CC&Rs now, instead of waiting until after transition, to include the same verbiage that would typically be incorporated after transition. This would allow the HOA to begin collecting funds now instead of waiting until after transition. Establishing the fee now will help maintain financial stability of Robson Ranch, which is essential to maintaining property values.

The Capital Contribution Fee Task Force has held two question and answer session and will present at least one more on Monday, January 14th at 6:30 pm. All homeowners are encouraged to attend this important session.

Additional information about the amendment and the voting process will be available on the Robson Ranch HOA website.

As a Robson Ranch homeowner, you have the opportunity to participate in deciding on this important issue for your community. Before you cast your ballot for or against the amendment, I encourage you to read the amendment in its entirety, and do your due diligence by researching and investigating the facts. Whatever you decide, please vote so that we can hear from everyone on this issue.