12-31-2016, 11:47 AM
Chunkster,The bottom line is that your Board of Directors is doing the best they can with the limited funds they have to deal with.
I have a neighbor who pays $100.00 per month for lawncare on a very small lot. $1200.00 per year.How can anyone expect to have paved roads,easement maint and bond payments all covered by about $300.00 per year ?
It's unfortunate that the money was borrowed and then the price of oil skyrocketed.In a nutshell that is what happened !
Hiring professional management will just leave you with less money for road maint.
Foreclosure will trigger clauses in the bond that will deplete the entire bank account.
Chip and seal is a viable alternative because it is cheaper to repair potholes than it is to dump tons of gravel and roll the road every few years.
Kapoho Kai Dr in Vacationland is chip and sealed and has as much traffic as any of HPP's side roads.
I have a neighbor who pays $100.00 per month for lawncare on a very small lot. $1200.00 per year.How can anyone expect to have paved roads,easement maint and bond payments all covered by about $300.00 per year ?
It's unfortunate that the money was borrowed and then the price of oil skyrocketed.In a nutshell that is what happened !
Hiring professional management will just leave you with less money for road maint.
Foreclosure will trigger clauses in the bond that will deplete the entire bank account.
Chip and seal is a viable alternative because it is cheaper to repair potholes than it is to dump tons of gravel and roll the road every few years.
Kapoho Kai Dr in Vacationland is chip and sealed and has as much traffic as any of HPP's side roads.