October 15, 2008

Dear Fellow Summit Village Home Owners:

As some of you may or may not know the court hearing the lawsuit involving Hilltop Duplexes Homeowners Association and Summit Village has reached a judgment in favor of the Hilltop Duplexes owners.

FINDINGS:  “The court finds that, as a matter of law, the lower parking deck on Tramway Drive is Summit Village’s responsibility.  It was and is required to maintain and repair the parking deck by NRS Chapter 116 and it’s Amended CC&Rs.  Its failure to maintain the deck and maintain adequate reserves to fix the deck is a violation of NRS Chapter 116.  However, this failure was unintentional as there was a legitimate dispute about who should repair and maintain the deck.  Summit Village is hereby enjoined from further breaches of NRS 116 with regard to this parking deck.”  It also stated,   “the cost to repair or make capital improvements to the deck must be assessed on a pro rata basis to each unit within Summit Village.”  The court has also stated, “The parties are directed to stipulate and arrange for mediation or some form of alternative dispute resolution”

Arrangements are being made to participate in court ordered mediation.  We will continue to keep everyone updated as development occur on our web site,  www.summitvillage-tahoe.com.

Although the District Court has ruled against Summit Village, the Board of Directors, in consultation with our legal counsel, has asked the Court to reconsider its position and is contemplating whether to pursue an appeal of this issue to the Nevada Supreme Court."

The pleadings and correspondence have been organized for review.  Please contact the office prior to a review to schedule an appointment.  We are available Monday through Friday at (775) 588-7820.

Thank you for your understanding and patience on this matter.

Vince Travens
Board of Directors President
Summit Village HOA