Dissolve The Ranches HOA - Eagle Mtn UT
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Taken From Eagle Mountain City Website:
"Although Eagle Mountain City and The Ranches Master HOA are separate entities, Eagle Mountain City has been following a lawsuit filed by the Willow Springs, Rock Creek, and Cold Springs sub-HOAs against The Ranches Master HOA. A Ruling and Order has now been issued against The Ranches Master HOA in the lawsuit, including in part, damages of approximately $14,000,000, approximately $400,000 in dues placed in escrow to be returned to the sub-HOAs, and release of obligation for lots or units within the Willow Springs, Rock Creek, and Cold Springs sub-HOAs to pay dues to The Ranches Master HOA from this point forward.
Eagle Mountain City is currently reviewing the findings of the Ruling and Order, as the City has agreements with The Ranches Master HOA related to the maintenance of open space and trails within The Ranches. The City is prepared to deal with any contingency moving forward.
Residents who live within The Ranches Master HOA area should direct any questions related to these findings to The Ranches Master HOA office.
As the City gets more information we will provide updates to residents."
Full Document Found Below (curtesy of Mike Kieffer):
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