The Lake Parsippany Property Owners Association (LPPOA) is a private organization dedicated to managing and maintaining the lake, beaches, clubhouse, and other common properties for the benefit of the Lake Parsippany community.
History and Incorporation
The LPPOA was officially incorporated on October 24, 1933, to oversee and manage the communal affairs of Lake Parsippany. Since its incorporation, the association has been responsible for ensuring the upkeep of the shared spaces and fostering a sense of community among its members.
Governing Documents
The LPPOA is governed by a set of formal documents that comply with Colorado statutes relating to homeowners associations. These include:
- Certificate of Incorporation
- Declaration
- Bylaws (Revised in 2015 and 2022)
- Covenants
- Rules and Regulations (Updated in August 2024)
These governing documents define the operational framework of the association, outlining its responsibilities and activities in managing the community’s shared resources.
Established Policies
The LPPOA has implemented various policies to guide its operations and decision-making processes. These include:
- Conduct of Meetings Policy
- Handling Conflicts of Interest Involving Members of the Board Policy
- Investment of Reserve Funds Policy
These policies ensure transparency, accountability, and ethical behavior in the association’s management.
Financial Documents
The LPPOA also provides access to financial documents, such as:
- Approved Budgets
- Financial Statements for recent fiscal years
These documents are made available for review, ensuring that members can stay informed about the financial health and stewardship of the association.
Accessing the Documents
For more detailed information or to access these governing and financial documents, please visit the LPPOA’s official website. This platform offers a convenient way for members and prospective members to access important information about the organization’s activities and policies.
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