Elboya Restrictive Covenant Meeting
A Restrictive Covenant meeting has been scheduled with the law firm who will be drafting the Elboya restrictive covenant. Many of you are ready to move ahead with adding a new Restrictive covenant to your property. This meeting is for you to come and hear from the lawyer and understand next steps. If you are unsure or still need information, this meeting is also for you as I will again review the intention of the new covenant in protecting our community and what as property owners we need to do.
The meeting will take place: May 26 at 7pm.
Please add this to your calendars and stay tuned for a confirmed location.
Information about Restrictive Covenants in general can be found on the development page of Elboyabritannia.com. There is also other information about the intention of the restrictive covenants and why we, as neighbours, think it is the best way to protect our community.
The parameters of the restrictive covenant will be as follows:
1. Single family homes only.
2. No subdivision of properties.
3. 45% maximum lot coverage.
4. Allowance for non-commercial secondary suites. ( This allows for nanny/caregiver/parent/child suites.)
Process for property owners:
1. Review the information on the development page https://www.elboyabritannia.com/elboya-restrictive-covenant
2. Review the parameters above. If you have any questions, please feel to reach out to elboyaneighbours@gmail.com
3. Please get your own legal advice as to whether this makes sense for you.
4. As many people are supporting this initiative and asking how they can help, please socialize with your neighbours. This works best when the majority of property owners are on board. It is truly about neighbors supporting neighbors.
The May 26th meeting will be followed by a “signing meeting” 2 weeks later, date TBA.
***ACTION ITEM***
Please email elboyaneighbours@gmail.com to confirm your interest in moving forward with putting the new covenant on your property. With adequate confirmations, we will trigger the lawyer to legally prepare the covenant as per the parameters above and present it at the meeting on May 26th.