Behind HOA Iron Gates
          Texas Monthly Report – Conflicts-and-Interests: “HOAs have become a big business. They generate $40 billion in annual assessment revenue (the dues collected from individual homeowners) and $35 billion in reserves, representing a huge government-like contracting opportunity — only without all the procurement safeguards and transparency guarantees expected of taxpayer-supported entities.”  A year ago the gated community of Bluffview Greens elected an unopposed board of directors.  Eight months later, the Board had AMS / First Service Association’s management attorney file a new governing document ‘Resolution’ at the County Courthouse that nullified previous board decisions.  It wasn't until two months after that, the Board - under pressure - finally notified the members of the Resolution filing.   In an attempt to explain the boards’ justification, the President wrote:  “I think that you would agree that, if a political party is voted into an office, it does not need to follow the previous party’s decisions, regulations, policies, and laws.  In fact, I would hope you agree that the voters voted for the new party to have the rules changed.”…   Paris Constantzos, President of the Board of Directors Bluffview Greens Homeowners Association.