01-12-2025, 09:37 PM
(01-10-2025, 08:29 PM)Obie Wrote: Let me answer for her and then she will come in with her usual word salad comment and correct me.Thank you for the explanation.
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.
I'm not a resident of HPP, but wouldn't have any problem with that use of funds.
OTOH, a former acquaintance of mine would probably yell out once again "I'm tired of getting fawked!"