Monday, December 20, 2010

Summer of December 2010 Summer Lakes Homeowner's Meeting Summary

I was not able to attend the December 9th Homeowner's Meeting. The following summary notes were provided by one attendee. Bill Taylor

Stated Purpose of Meeting:
• Atlas and Greystar companies as representatives of BB&T. Introduce Blanchard and Calhoun as the local Property Managers for Summer Lakes and manages our HOA (Karen Clayton – local Blanchard and Calhoun contact)

Development Update:
• There are 80 lots under the Greystar/Atlas umbrella
• US Lawns have been contract to provide grounds services for Summer Lakes – contracted for twice a month

Association Update:Association fees were broken out with trash pick up taken out of the association fee since HOA is not required to provide that service.
2011 Fees will be:
• Interior Lots $350/Yr - 128 lots
• Water Lots $470/Yr – 20 lots
• Trash Pick Up now a separate assessment
• $170/yr per trash can (existing home)
Attendees, by majority vote agreed to keep the trash pick up as a service in total and accept the $70/yr fee

Presentation of 2011 Budget
• 2011 Shows a $22,270 short fall covered by the Declarant (BB&T)