Residential Estate Industry Journal 3 - Page 32

Public Policies PAGE 30 & policies procedures A full set of Industry policies has already been published, and they are summarised in this article. ARC encourages all communities and their 1. Access of visitors, contractors, guests and the general public unregistered security providers. security service providers to implement standard operating procedures and emergency procedures in the community. ARC opposes the use of ARC supports the right of a homeowners’ 3. Financial controls, budgets and reserves association (HOA) to control access to the ARC believes it is imperative for all community community, whether roads are deemed to be associations to adopt and use a financial private or public. ARC opposes access controls planning and budget process which accurately that are in conflict with the constitutional rights reflects projected annual operating costs and of citizens. ARC encourages the use of proper long-term capital or major expenses (“reserves”) signage and other means to advise all visitors and results in a balanced budget. ARC believes of their obligations while in the community. that the developer and developer-controlled board should prepare and disclose the initial 2. Security protocols, standard operating procedures and emergency procedures budget to assure accurate estimation of ARC supports the implementation of the highest also supports full and open disclosure to owners possible security standards within budgetary and the opportunity for participation by owners constraints and supports the principle that in the development of the budget. Furthermore, homeowners living within communities are ARC opposes laws which would mandate how responsible for their own home security. ARC community associations fund and maintain opposes any groups challenging the rights of reserves. an HOA in regard to how the HOA applies these standards. projected operating costs and reserves. ARC