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Thank you for allowing the future of the lake to be a bright one.

1/12/2015

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As you know, the ballots were collected in December for the proposed dues increase, and the needed changes to the By-Laws and Covenants.  I, for one, am happy that they passed and we had a very good participation rate.  No one likes to absorb an increase in dues but even with this increase, LOTO is by far a great deal for our owners.  If you would not have passed it, we would all see the beginning decline in our quality of life at the lake and the services offered.

Results of the balloting: 73 ballots submitted from the 117 eligible-to-vote property owners (a 62.4% participation rate).

Per the CCERs and By-Laws successful passage of any amendments to either document requires a 2/3 approval of those members who cast ballots.  To that end with 73 ballots cast passage would require a minimum of 48.6 (=49) YES votes. 

Re:  the CCER proposed amendment:   52  YES      21  NO       for a 71.2% approval      AMENDMENT PASSES 

Re:  the By-Law proposed amendment:  51  YES    22  NO       for a 69.9% approval       AMENDMENT PASSES
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    Write something about yourself. No need to be fancy, just an overview.

    The how and why.

    Years ago when I was looking for a lake front cabin I stumbled across a realtor ad for Lake of the Oaks.  There was nothing on the web about our lake.

    Everything had to be learned by chasing people down and making phone calls.  I couldn't believe that in the age of the Internet,  information about the lake was left in the Stone Age.  I decided to do something about that when I became an owner.

    Always interested in technology, I enjoy providing information and updates to fellow owners and prospects. Please let me know if its working.



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Upper Limits Imaging LLC     309-642-9297     tom@upperlimitsimaging.com
Have a question about our lake?  Feel free to email me at tchornstein@gmail.com  This is an unofficial page operated and paid for privately.