If you have a space in the storage area – you need to find out the combination lock combo if you want access. Apparently the automatic gate is broken and we were not notified…

RADAR and Speeding Information

New information here

Please read immediately. The lake will be lowered 6 feet starting May 7, 2012

More Info

Board will vote Thursday to spend $36,000 (board members are saying this is only a bait-and-switch, project will really cost about $100k) on a new “high speed” gate system when all we need is a $4,000 replacement for the one borken gate. Meanwhile check out what the main dam drain looks like at the moment. The POA is living pay-check to pay-check and Mr. Volpe wants his pet project passed even though we don’t know how much this dam repair will cost. Estinmates are going from $180k to $2m.

Engineer Information Sheet

According to one board member, “According to “The Prez” we are waiting on an engineers report, and will be informed when we know what is needed.”

So, without timely updates and information from our board, this is the current best guess.

Need help deciding how to vote in the annual election – Click here for information.

Most important!
DO NOT ASSIGN YOUR PROXY TO THE BOARD
DO NOT LEAVE IT BLANK.

Apparently the dam repair we paid about $250k has sprung a leak. The POA has a bid for a partial repair for $58k but will need to spend about another ~ $30k to fully repair the leak. The property manager has reported we have about $178k in a repair fund but this repair must be completed immediately. Some board members are recommending postponement of the gate system until we see how this repair goes. Look for more information here and in the forum as we get it.

2012 Budget is here

Well instead of fixing the existing gates the security committee, ran by extremely poor management, has decided to purchase a new system for $80,000 dollars. Money our POA does not have. How then to pay for it. Illegally charging every vehicle $50 to drive to your property – which is openly guaranteed by law. If this is voted on – I REFUSE to pay.

We already pay annual amenities to maintain the POA property and if the board cannot live within the dues WE vote on, then they should resign immediately.

More disturbing. A member of the committee disagreed, so Mr. Volpe kicked him off the committee. Something he doesn’t even have the authority to do. Only the Board can put people on and off committees. Sounds like he shouldn’t be chairing any committee. And really sounds like the American way to me….

We don’t have to pay it folks, here is the NC State Law:

§ 47F-3-115. Assessments for common expenses.

(b) Except for assessments under subsections (c), (d), and (e) of this section, all common expenses shall be assessed against all the lots in accordance with the allocations set forth in the declaration.

This isn’t.