ATTENTION PRIDE’S CROSSING MASTER ASSOCIATION HOMEOWNERS
The Annual Meeting and barbecue/swimming party for Pride’s Crossing Master HOA will be held on Saturday, July 23, 2016 at 6:30 pm at the Aqua Vista Pool. This is the official notice of the meeting as required by the declaration and by-laws of the Association.
The membership will elect three board members at the meeting. Linda Gross & Elaine Potter terms have expired. However, both will seek re-election. Bob Burke has chosen to step down and we will seek a person to serve the remaining one year term.
The remaining members’ terms are expiring in 2017:
Dale Slemp and Kate Counter
Each position is a two (2) year term (except Bob Burkes position has one year remaining for another individual to fill). Any homeowner can be elected to the board and nominations will be taken from the floor. If interested, please fill out the enclosed questionnaire form, so if you can not make the meeting and still want to be considered we can present you to the rest of the membership.
At the annual meeting, the Board will formally present the membership with the annual budget– which is enclosed for your review - for fiscal year beginning September 1, 2016. The new budget calls for a seven point seven percent (7.7%) increase in dues, which is an increase from $234.00 to $252.00 every six months. Another way to look at it is an increase of $3.00 per month – or less than seventy five cents per week.
The primary reasons for the dues increase will go towards savings to replenish our Reserve Balance after we spent over $250K on a new fence and Monument signs in 2015. The Board anticipates increased monies towards landscape repairs and improvements as our community now approaches 30 years in age. Along with increased costs to the HOA in bad debt collection and legal fees.
Since state law requires that the Association, as a non-profit corporation, must meet at least once per year, your participation is not only welcomed, it is important. At least 28 owners must be present in person or by proxy in order to elect new board members and fulfill our legal annual meeting requirement.
If you plan on attending the meeting, please RSVP via e-mail or by calling the management company. This is a catered event and it is helpful to know how many people will be attending. Please e-mail Shane at email@example.com or call us at (303) 693-2118.
If you cannot attend the meeting, please fill out the enclosed proxy postcard so that we can meet our quorum requirements. You may mail them to the office address listed above or fax them to (303) 693-8803. Please make sure you are signed up on the Association’s website to get updates on community announcements.