In the previous post, questions were asked regarding the 8.89% monthly assessment increase. Was the increase a “regular assessment” which covenants allow to be used by the current or any future board for both operational and capital expenses? Or . . . was the increase a “special assessment” which may not be used for operational expenses and which also requires property owner approval? (1) Continue reading “An update on the $25/$16 assessment increase . . .”
Category: Financial
Assessments, budgets and more . . .
The December 31st POA member statement along with a two page memorandum from management (1) has just been received leaving this writer somewhat perplexed. Although the $25/$16 increase approved by the board in November to be used for Master Plan capital projects was included on this statement, Continue reading “Assessments, budgets and more . . .”
About that $5,000 fee . . .
After an impressive presentation at the recent Town Hall meeting that included photographs of rusted metal pipe and irrigation deficiencies, it is probably obvious to most all that our Creek nine golf course has a problem with those components. (1) Lydell is to be commended for doing an outstanding job of articulating and explaining the issues. Continue reading “About that $5,000 fee . . .”