Bella Collina homes POA bylaws and restrictions (sued for SCAM) – page 4 of 4

Derivative Action Lawsuit Against Bella Collina POA

The Board shall adopt a Budget (as defined and provided for in the Declaration) of the anticipated Operating Expenses for each forthcoming calendar year (the fiscal year of the Association being the calendar year) at a special meeting of the Board (“Budget Meeting”) called for that purpose to be held during the month of November of the year preceding the year to which the Budget applies.