Make an annual report to the local governing body with the budget presentation of the local department and other reports the advisory board. At each annual meeting of Board, the.Directors shall appoint Officers to fill vacancies occurring at the time of that meeting. Details on all option and restricted share grants to our directors are shown in the table below giving details of the outstanding optionbased. The Board is comprised of twelve (12) members - one from each magisterial District (9); (1) one At-Large; (2) one each Fairfax City and School Board. Why can't I create more than one application template? The ability to create multiple application templates has been removed in the new application process. Water's Edge HOA - A lovely residential community in Fairfax, Virginia, within Fair Lakes. Browse information and resources for Water's Edge HOA residents. From private or public sources in the proportion specified in the regulations of the Board.