The following link is from the Texas State Law Library that provides useful information on Property Owners' Association.  This is a good reference for all owners to use a for discussions or questions.   PROPERTY OWNERS' ASSOCIATIONS.

The Olde Town Homeowners' Association is governed under Texas rules and regulations, including but not limited to Texas Property Code, Title 11,  Texas Property Code 204,  Texas Property Code 209, and governing documents to include the Articles of Incorporation, Declaration of Covenants, Conditions, and Restrictions (CCRs), and the By-Laws.  All actions of the Association must be made in consideration of these items and any legal advice obtained.

Our Association has a Board of Directors in accordance with State Code, Title 2; CCRs, and By-Laws of the Association. The Board is an elected body of three eligible individuals for a one year term starting in January of each year. The Board consists of a President, Treasurer, and Secretary. The Board conducts the business of the Association to include but not limited to, general maintenance and upkeep, community events, addressing petitions, association and city code compliance, advocates to other entities on behalf of the Association membership, collection of dues, levies, assessments, and the general welfare of the organization.  The Board's powers and authorities are only granted by the members of the Association through the CCRs and By-Laws. No other authority or powers are provided and any action beyond those expressed must be approved by the members in accordance with the governing documents.  

Board and Business Meetings are required to be held no less than annually per Texas Business Organizations Code. In addition to the Texas requirement, the CCRs and By-Laws of this Association require a quarterly Business Meetings. 

Business meetings are prescribed to preserve the State requirements. 

Prior to the meeting, a call for topics will be transmitted to the Association membership and received by the Board prior to the meeting. These items are called "New Business" and will be placed on the meeting agenda in the respective order if received.  A meeting can be held and acted based on a quorum present.  A quorum is defined by the By-Laws for a minimum number of members to be present in person or by delegated authority (proxy). If a quorum is not present, no decisions, petitions, agenda items can be voted upon.   

If you have a  item needing to be discussed, celebrated, shared, petitioned or voted upon, please send the Board the item via email to: Board@theotha.com or  via mail to:  Olde Town, PO BOX 151253, Arlington TX  76015.  

Our Association has three committees that include: Audit, Design (Architectural), and an Election committee.  Each of these committees must have a non-Board member.  The committees are needed to ensure Membership is represented in each of these areas. The By-Laws and CCRs determine the need for each committee and its function.  Other committees maybe formed based on need.  If a committee is needing to be developed, the Board will seek eligible members to participate. There is no restriction on the number of members per committee except one committee member must not be a Director of the Board. 

In the event a committee is not able to be formed for lack of interest, the Board shall fill the needed role and require unanimous consent among the Board of Directors to act in the absence of a committee. 

This Association has an Annual Mandatory Assessment (AMA) of $835.00 (as of January 1, 2024) for all homeowners.  The AMA is for the existing calendar year (this is known as the Assessment Year).  The AMA is due no later than January 31 the Assessment year.  The AMA is authorized under the Texas State Code, CCRs and the By-Laws.  No changes to the Annual assessment can occur without a vote of the members.  

The Board of Directors may seek to levy a Special assessment in the applicable Assessment Year for repair, maintenance, and special projects for the welfare of the Association.  The Special assessment must be voted on by the members in accordance with the By-Laws.

The Board of Directors may impose fines as needed to ensure the general welfare of the community is maintained.  Fines could be, but not limited to, late fees, code violations, required maintenance performed by the Association because of the member(s) negligence.