Don't pass it until you find out what is in it!

Laguna Woods Village, California

Subject: Golden Rain Foundation Trust and GRF Bylaws. Amendments to the Trust by the Mutuals.
       The Third Laguna Hills Mutuals comments by Isabel Muennichow, Secretary of the
Third Board stated that 2/3 of the Corporate Members could Vote to Amend the Trust. 
Isabel did not read Article XVI of the "88"  Amended and Restated Declaration of Covenants,
Condition and Restrictions (CC&R's). 
       Article XVI (2) Amendments states: "Notwithstanding the foregoing, NO Material
Amendment SHALL become effective without the VOTE or WRITTEN consent of t least sixty-seven percent (67%) of the OWNERS and the APPROVAL of at least fifty-one percent
(5l%) of Eligible Mortgage Holders.   For the purpose of this Section, the term "material
amendment" SHALL mean to the provisions of these Restrictions Governing the following
subjects ;
        (a)   Voting Rights;
        (b)    Assessments, assessment liens, or subordination thereof;
        (c)    Reserves for maintenance, repair and replacement of the Common Area;
        (d)    Responsibility for maintenance and repairs;
        (e)    Reallocation of Interests in the Common Area or Limited Common Area, or right
                 of their use;
         (f)    Boundaries of any Unit;
         (g)   Convertibility of Units into Common Area or vice versa ;
         (h)   Expansion or construction of the Project, or the addition, annexation, or
                withdrawal of property TO or FROM the Project.
         (i)    Insurance or Fidelity bonds;
         ((j)   Leasing of Units;
         (k)    Imposition of any restriction on an OWNER'S right to SELL or TRANSFER his
                 or her UNIT.
         (l)    A DECISION by the MUTUAL to establish SELF-MANAGEMENT when
                PROFESSIONAL MANAGEMENT had been Required previously by an
                Eligible Mortgage Holder;
         (m)  Restoration or repair of the Project (after a hazard damage or partial
                condemnation) and the allocation of distributions of hazard insurance proceeds
                or condemnation awards in a manner other than as specified in these
         (n)   Any action to terminate the legal status of the Project after substantial
                destruction or condemnation occurs; or
         (o)   Any provisions that expressly benefit Mortgagees, insurers, or quarantors.
          Maybe the BOARDS should read the CC&R's, as the 12,736 HOMOWNERS
DO have the right to VOTE , NOT the CORPORATE MEMBERS on the above amendments of the "88" CC&R's,The GRF ORIGINAL TRUST and Amendments to the
Trust and GRF"S Bylaws.
                                                Noni and Corkey Eley. 

We assert that fundamental transformation of America is as easy as eating an elephant.  Starts with one school district at a time.

If you wish to restore America, send your letters to the CotoBuzz Journal’s Editor:

If you would like to make a comment about a specific news article, editorial or commentary and have it considered for publication in the CotoBuzz Journal as a Letter to the Editor, please send it to 

Letters should be brief, and may be edited 
for clarity and length.
. They become the property of CotoBuzz Journal  and may be republished in any format. 

Please include your full name, mailing address and daytime phone number (your number will not be published).