Wednesday, April 16, 2014

Special Assessment

First of all we would like to thank you all who attended the April 10th meeting in person or by proxy.  It was the best attendance that we have ever had at any meeting!   In order to have a quorum we must have 51% of the members present, there were 58% present. The voice of the community was heard loud and clear.  The vote was for a special road assessment of $500 per property owner, per year for 4 years.  In order for the special assessment to pass the meeting had to have at least 51% of the members present (quorum) and 75% of the members present had to vote in favor of the assessment.
The voting results are as follows:
58 voted yes
8 voted no
The special assessment passes by 87.87%

What's next?  The board will meet with Barclay Waddell to draw up the contract and schedule road construction.  Invoices will be sent to all members and will be due July 1, 2014.  
The special assessment will be as follows:
$500 due July 1, 2014
$500 due July 1, 2015
$500 due July 1, 2016
$500 due July 1, 2017
We are excited that the members have decided to invest in our roads & community and are confident that the return on your investment will be great.
As always please let us know if you have any questions.

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