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Roads Are Easements Not Planned Communities Or HOAs
#35
Let me answer for her and then she will come in with her usual word salad comment and correct me.
She believes that the annual association fee should 100% go toward the roads.

There is this from the bylaws and the last several boards have taken this 5% and made a nice little nest egg and have chosen to supply 4 1 acre plots of land to allow all owners of HPP to have a mailbox where they can get mail addressed to their street address.

"Section 3. Compensation for use of Non-Road Maintenance Assets. The road maintenance funds are
restricted funds and shall be used exclusively for road maintenance activities. A portion of road
maintenance funds shall be exclusively used to compensate the Association General Fund for the use of
the Association's non-road maintenance assets for road maintenance purposes. The amount of
compensation shall be determined annually by the board and shall not exceed 5% of road maintenance
funds collected in any given year."

This year's road fees are $435.00 per year so $21.75 of everyone's road fees went into a non-road fund.

There are currently 2000 mailboxes and over 8000 lots. 6000 of us will get mailboxes rather than having to drive all over the island. If all $435.00 were applied to road paving, it would be 20 or 30 years before my road would be paved.

At least I would get an amenity that is fairly common other places.
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RE: Roads Are Easements Not Planned Communities Or HOAs - by Obie - 01-10-2025, 08:29 PM

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