Public hearing scheduled

(March 12, 2021) The Ocean Pines Board has scheduled a public hearing on March 27 at 9 a.m. in the community center, on a proposal submitted in a petition for a referendum. 

The Association mailed notice of the hearing to homeowners, this week.  

The following is a copy of the proposal contained in the petition being presented to the members to vote on by referendum and the subject of the hearing:  

Should OPA By-Laws Section 5.13.(d)(1) be amended to read "If the total estimated cost, capitalized in accordance with generally accepted accounting principles, of any single capital expenditure exceeds One Million Dollars ($1,000,000.00), the proposed single capital expenditure SHALL require approval of the members by a referendum"?  

The ballots, a copy of the proposal in the petition, a brief explanation of the proposal written by the petitioner, and a statement of position by the Board of Directors will be distributed not later than 30 days after the hearing.