HOA Homefront™
By Kelly G. Richardson
This week Governor Schwarzenegger vetoed AB 1328, authored by Assembly Member Salas.
The bill would have allowed a common interest development board, regardless
of any ban on long-term contracts in the association’s Bylaws or CC&R's,
to enter into a contract of up to five years for contracts for water or energy which were "reasonably anticipated" to result in savings.
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