Message from the BOD President for August 2018
A primary purpose of a homeowners' association is to maintain and enhance property values. One of the ways it does this is by offering and maintaining amenities. Homeowners' associations are able to provide desirable amenities that homeowners would not be able to afford individually. In Spring Valley Lake, association members have access to a beach and swimming area, a large boating lake, several (stocked) fishing areas, four parks, a community building and an equestrian center with a clubhouse, horse boarding and miles of horse-riding trails. SVLA makes it possible for members to attend concerts, dinner dances, family fun events and an awesome fireworks display without leaving the neighborhood.
Homeowner associations also maintain property values by establishing and enforcing rules and regulations. Spring Valley Lake Association has Code Enforcement, Architectural, and Public Safety Departments that work to help maintain and enhance property values. Be sure to attend the Town Hall in September to discuss the proposed updated rules and regulations.
The Semi Annual Membership Budget Meeting is Saturday, August 25, 2018, at 10:00 a.m. in the Community Center. The General Manager Alfred Logan, Board Treasurer Mark Sedam, Board Vice President John Smith and the Budget Review Committee are currently reviewing the financial statements from this fiscal year and prior fiscal years to create a budget for Fiscal Year 2018 - 2019. They are considering the various needs, requirements and expectations that the community has expressed throughout the year. They will present their proposed budget(s) at the Budget Meeting. Alfred Logan will share staff comments and recommendations. The Budget Review Committee members will offer their comments and recommendations. The Board will take a short break to give homeowners time to process the information. Homeowners will have the opportunity to ask questions and make comments about the information presented. After the Homeowners' Open Forum, the Board will discuss the recommendations and comments and determine the 2018-2019 Budget and annual assessment.
Please plan to attend the Budget Meeting on August 25th to learn about your homeowners' association's budget and to give your input.
- Amy Stanton