Below is a list of the board members and property manager for Downing Place Condominium HOA. Before purchasing in an HOA community you will want to research their rules and deed restrictions, reserve funds, budget, bylaws, and documents of the association. You should acquire a copy of the HOA's operating financial statement so that you understand how the HOA fees are being allocated and ensure the reserve fund is adequately funded.
If you have any questions regarding this HOA such as rules and regulations, deed restrictions, pet policy, rental policy, amenities, budget, deed restrictions, bylaws or condo docs you should contact the property manager. If there is no property manager listed, then you can contact the board members for the association.
|Board Member||Director||Maurine Bell||2013 Speedway #2||Wichita Falls||TX||76301|
|Board Member||Secretary||Jackie Spragins||2009 Speedway Ave Unit 1||Wichita Falls||TX||76301|
|Board Member||Director||Jackie Spragins||2009 Speedway Ave Unit 1||Wichita Falls||TX||76301|
|Board Member||Director||J Staley||2009 Speedway Ave Unit 2||Wichita Falls||TX||76301|
|Board Member||President||Tom Miller||2011 Speedway #1||Wichita Falls||TX||76301|
|Board Member||Director||Joe Cadle||2013 Speedway #1||Wichita Falls||TX||76301|
|Board Member||Treasurer||Jill Roberson||2011 Speedway Ave Unit 2||Wichita Falls||TX||76301|
|Board Member||Director||Jill Robertson||2011 Speedway Ave Unit #2||Wichita Falls||TX||76301|
|Property Manager||No Property Manager Found For This Hoa|
Amenities for this HOA: This HOA has a community pool
HOA Legal Name: Downing Place Condominium Homeowners Association
Reserve funds are used for large projects such as replacements or repairs within the homeowners association. The funds usually have strict criteria for how they are to be used. The criteria is based on the HOA community rules and regulations, bylaws and accountability. Some examples of reserve fund use are:
This is just a brief look at a few examples of major projects that the reserve fund may be used for. Community-wide there may be hundreds of items the HOA board is responsible for, so check your governing documents. To get a copy of the governing documents for please contact the board members or property manager listed below.
The officers of the board of directors are generally president, vice-president, secretary, treasurer and member at large.
Being a volunteer member of an HOA board of directors does come with duties and responsibilities. The associations C.C.and R.'s (covenants, conditions and restrictions) and Bylaws set forth the general powers and duties of the Board and the specific limitations upon the Board's powers. The Board of Directors of an HOA generally have the power to adopt and publish "Rules and Regulations" to protect the interests of the homeowners. Each individual board position comes with certain duties and responsibilities. Read more about joining your HOA board of directors ...click here!