10 Things Associations Are Required to Do; They May Not Be Doing & Red Flags in the Governing Docs

This City of Greeley Government workshop held on June 12, 2026, focused on legal and operational requirements for community associations, particularly regarding governing documents, compliance with Colorado statutes such as CCIOA, and best practices for managing associations. The discussion covered key procurement-related topics including the necessity for associations to maintain updated governing documents, conduct audits when revenues exceed $250,000, and comply with new laws requiring updated collection policies and DORA registration. The speakers emphasized the importance of proper disclosure to owners, the use of secret ballots in contested elections, and the legal constraints on borrowing and assigning future income streams for loans. They also addressed the process and costs associated with amending articles, bylaws, and declarations, including the court petition process for overcoming owner apathy in amendments. The session highlighted red flags in governing documents that could affect financial and operational management, such as unclear maintenance responsibilities, lack of amendment provisions, and conflicting document language. While no specific contract awards or vendor selections were discussed, the meeting provided detailed guidance on legal compliance and governance policies that impact future procurement and financial decisions within community associations.