The amendments will be submitted to a vote of the Members on July 1st. If Members vote to approve the amendments, annual assessments will be eliminated, and the Board will need to follow a process to implement any assessments at a future date.
PRIMARY ITEMS TO BE AMENDED:
- Voting will be by “Site” (parcel of real property) rather than by density
- Each Site is allocated one vote (except commercial class, which is by square footage)
- All Sites owned by TSG or TSG affiliates are moved into Class D
- TSG will not have any votes in Class A (Residential), Class B (Lodging) or Class C (Commercial)
- Sites owned by the Town of Mountain Village will not pay assessments and will not be allocated any votes.
- Future amendments to the Declaration, Articles and Bylaws will require the affirmative vote of each of Class A, Class B, Class C and Class D.
May 28, 2025 - Slides from Special Members Meeting
Summary of Proposed Amendments
Summary of Proposed Amendments to the Articles of Incorporation
Summary of Proposed Amendments to the Bylaws
Summary of Proposed Amendments to the Declaration
- Articles of Incorporation
- Bylaws
- General Declaration
- 2023 Settlement Agreement by and among TMVOA, Friends of TMVOA, Town of Mountain Village
- CCIOA - Colorado Common Interest Ownership Act
a. 2024 CCIOA sections applicable to pre-CCIOA communities
b. 2024 Colorado Revised Nonprofit Corporation Act 7-121 through 7-137 - Requirements for Vote