2021 Annual Meeting Update (June 13, 2021)
In addition to the previous post recognizing our newest board member and YOTM director, the following also occurred:
- Base HOA annual rate modified from $300/yr to $420/yr. This represents a $10/month increase to cover reserve requirements vs a larger special assessment. See FAQS for more info.
- Even with this modest increase, all our rates continue to be the lowest in the county.
- The rate structure was also simplified, combining the low and mid level tiers. 90% now pay the LOWEST rate (no surcharge). No changes made to surcharges for >600avgd.
- The format of the owners directory will be improved. REMEMBER: this directory is for owners reference only, to contact residents of water or safety issues, and may not be used commercially.
- Numerous water system upgrades occurred in the past fiscal year, we appreciate everyone’s patience as the pressure issues and piping issues were resolved.
- Looking ahead to the coming year, only 1 major upgrade is planned – improving our internal pressure tank. “Probably” to be performed AFTER storm season. More info coming when available.