Friends and Neighbors,
Negotiations with Randy Wise Homes (RWH) concerning the expansion of Magnolia Plantation and the future usage of the fairways have concluded. Thursday evening, at a special legal strategy meeting, the Board of Directors voted unanimously to accept the Expansion Agreement. At the conclusion of our vote Randy Wise signed the agreement.
The next step is to submit the agreement to our owners for adoption. In the next few weeks you’ll receive numerous documents outlining the agreement as well as proxies for your vote. We’re also planning for an in-person information meeting, augmented with web options, where RWH and the board will present the plans and answer your questions. We hope to complete the voting process over the next 5-6 weeks.
The vote tonight culminated years of often tumultuous negotiations, and secured the wins for our Association that we’ve briefed you on over the last months. We look forward to your participation as we move forward in this process.
Jack Knight, Vice President
Magnolia Plantation POA