02-15-2011, 03:51 AM
The 10% per annum increase is the maximum allowable under state law, and the $12M road bond is the main reason for the continuing increases. We could argue about whether that loan was wise or not (I think not,) but the money is being spent, and it's too late to change it. Some projections were made at a meeting I attended, and they indicated that the increase could fall off the maximum after 2013, or perhaps even stop. We'll see about that.
Meanwhile, this is a good time to remind HPP residents that failure to educate oneself and participate in the elections, meetings, and other processes of the Association is unwise. Some ballot initiatives get fewer than 10% returns. At a recent General Membership Meeting, those in attendance came within one or two votes of limiting the annual increases to 5%. In the last Board election, some Board members were elected with roughly 100 votes out of a possible 900 in their district. Apathy can bite you in the behind.
Edited for spelling.
Meanwhile, this is a good time to remind HPP residents that failure to educate oneself and participate in the elections, meetings, and other processes of the Association is unwise. Some ballot initiatives get fewer than 10% returns. At a recent General Membership Meeting, those in attendance came within one or two votes of limiting the annual increases to 5%. In the last Board election, some Board members were elected with roughly 100 votes out of a possible 900 in their district. Apathy can bite you in the behind.
Edited for spelling.