Middlcreek Homeowners Association
Future Projects
As
of January of 2003, there are significant projects looming on the horizon. The
most significant is the necessity for replacing the roof. The Pinellas county
building codes now require that roofs meet South Florida standards for wind resistance.
This will substantially increase the previous estimates of 5 or 6 years ago.
At this time, we have around $95,000 in roofing reserves set aside. We are continuing
a program of minor repairs to forstall the immediate necessity of replacement,
but the roof will have to be replaced in the next three years. This may be a significant
financial burden for the association.
Your board of directors is very concerned
with minimizing the financial impact on members. Even with the most optimistic
of estimates, it is highly likely that there will be an increase in the curent
monthly fee to cover this expense. At the current rate of acquisition, we may
have to increase the budget by as much as $10,000 per year, or about a $12 increase
in your monthly fee. After this period however, there will likely be a decrease
in the fee, contingent on inflation.
As
soon as more precise information is developed, it will be posted on this site
and in the Middlecreek Meander Newsletter.
Minor Projects
There are many small projects we can undertake that can beautify, our community and make it more secure, and enjoyable. Obviously there are no large capital projects we can undertake without the approval of the membership. But with a little imagination and some personal involvement, there is much we can do that will not strain the budget.
For instance, Jim & Vicky Dickerson recently volunteered to plant flowers and generally beautify the front entrance. The board allocated a small fund for the plants and materials. This will make coming home a real pleasure for all of us.
We could save many dollars throughout the year, (and reduce your fee) if we could find a way to marshall some volunteer labor power to do some of the small things now currently being contracted for by our association.
