Ron Tagliabue (NEW)

The picture of the new activity center shows the work that has been completed. If you had been there when it was the sales office, you know a wall has been removed, the flooring repaired, and painted. This has provided a large area for activity functions and parties. A date has not been set to open up our amenities. The only thing left is the painting of the exterior of the building.

I reported last week the beautification of the Wheatfield entrance would be completed this past week. Due to a problem with the sprinkler system, that had to be postponed. It should be started soon. The parking lot at the amenity center has been completed and new lines have been painted in the activity center parking lot. Some have asked why we are spending money on these items at this time. The answer is they are reserve items and the money does not come out of the operating budget. For those that are unsure what a reserve fund is, let me explain. A reserve fund is set up to replace items that are community property.

The easiest way is to give an example. If there is a motor at the pool that costs $1,000 and has a life expectancy of five years, the HOA must put in the reserve $200 a year The picture of the new activity center shows the work that has been completed. If you had been there when it was the sales office, you know a wall has been removed, the flooring repaired, and painted. This has provided a large area for activity functions and parties. A date has not been set to open up our amenities. The only thing left is the painting of the exterior of the building.

I reported last week the beautification of the Wheatfield entrance would be completed this past week. Due to a problem with the sprinkler system, that had to be postponed. It should be started soon. The parking lot at the amenity center has been completed and new lines have been painted in the activity center parking lot. Some have asked why we are spending money on these items at this time. The answer is they are reserve items and the money does not come out of the operating budget. For those that are unsure what a reserve fund is, let me explain. A reserve fund is set up to replace items that are community property.

The easiest way is to give an example. If there is a motor at the pool that costs $1,000 and has a life expectancy of five years, the HOA must put in the reserve $200 a year

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