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252-223-4444 • www.kmeticoNC.com
PrS Adaiitic
\^ealth Management
THE FREEDOM TO LIVE INSPIRED
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HOW CONFIDENT ARE YOU
IN YOUR FINANCIAL FUTURE?
• Investment Management
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Call 252.515.780^ or visit us af? 12 Bridges Street i n
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PKA News
By Jim Yankauskas
Fall is in the air for sure. We are past the autumnal equinox, and the weather has
finally cooled a bit. Except for the weekend bump in visitors, the traffic has died
down, and tranquility has returned to the beaches and marinas.
While many of us are savoring the lull before the November and December
holidays, the Pine KnoU Association (PKA) board is looking ahead to the 2021
season and what we need to do to get ready for next year. Repairs and upgrades
are being planned to our parks, marinas and waterways. Boat slip leases and kayak
rack rental agreements are being readied for mailing. Soon we will be recruiting
volunteers as park captains and for sittum duty at Ocean Park.
Also, by now many of you have heard that we have been working on an update to
both our homeowner association restrictive covenants and our bylaws. We started
reviewing both documents in early 2019 so that we would be ready for our three-
year update cycle in 2020. The planned changes were minor, and both documents
roots date back 39 years ago when the last major rewrite occurred. Back then, the
documents filled the bill as the basis for managing our association and maintaining
the quaintness of our corner of Pine Knoll Shores. But time has taken its toll as
minor revisions were sporadically made to both, and the documents have not kept
pace with legal and other regulatory requirements on how community homeowner
associations function.
When we sent our changes to the PKA attorney for a legal review, the
recommendation was to bring both our covenants and bylaws into compliance
with the NC Planned Community Act and the NC Nonprofit Corporation Act.
After significant discussion, the PKA board agreed that it made sense to bring our
documents into compliance so that we can move forward into the next decades.
When we received the updated documents from our legal counsel, our first
reaction was to wonder what we had gotten ourselves into. But as we read deeper
into both documents, comparing the new to the old, it became apparent to us that
many of the updates were long overdue. Within each document, ambiguities are
gone and responsibilities are better defined.
By the time you are reading this, those who are PKA homeowners should have
received a package in their mailboxes with the new proposed covenants and bylaws
documents and the proxy ballot. They are asked to give it careful thought and
return the ballots so that votes can be validated and counted. Ballots may be marled,
dropped off or scanned and emailed to PKA as noted below. Deadline for receiving
ballots is November 13 at 5 p.m., and the results of the vote will be presented at
a special members Zoom meeting to be held on Friday, November 13, at 6 p.m.
Details on the meeting link will be on the PKA website.
We hope that you agree with us that this update is for the better. In the meantime,
please let us know if you have questions about the documents or proxy balloting.
PKA contact. Contact PKA by phone at 252-240-1717, by email at PKAbox905@
gmail.com, via the website at pineknollassociation.com, by mail at PO Box 905,
Atlantic Beach, NC 28512, or by the drop box located at the corner of Sycamore
Drive and West Olive Court. Like us on Facebook at Pine Knoll Association, Inc.
8
The Shoreline I November 2020