October 2015
Update from the Country Lane the Board of Directors:
The Annual Meeting:
In case you were unable to attend the
Annual Homeowners Meeting in September, here is a brief synopsis of the major
items on the agenda:
The Pool House:
Structural
Integrity Issue: The substructure that supports the Pool House floor
has suffered severe rust degradation and needs to be reinforced with new steel
beams. In addition, the root cause of
the rust problem, moisture in the crawlspace under the Pool House, needs to be
mitigated to avoid a reoccurrence of the problem. The rough order of magnitude cost for the
Rust Abatement Project exceeds $250,000.
We do not have a firm estimate at this time. The cost of the repairs far exceeds the
available funds in the Country Lane Reserve Account (money set aside for
scheduled maintenance) leaving the Board was faced with one of two
options. The first option would be to do
a one-time Special Assessment of around $1,000 per home. The second option
would be to obtain external financing to fund the project. The Board decided that the second option
would be the better of the two. This
option will require the monthly assessment for home to rise from the current
level of $65 / month to $75 / month for the period of time needed to repay the
loan. That would take roughly 6
years. Once the loan is paid off the
monthly assessments would be reduced by $10 / month.
Related
Issues: Associated with the Rust Abatement Project is the need
to close the Pool House until the project is completed. We currently have no definitive time frame
for completion. Therefore, it is a
distinct possibility that the pool will not be available for the 2016 Season.
That being said, the Board is in the process of contacting our sister community,
Lake Shore, to see if we can make arrangements for our residents to use their
facilities for the 2016 Pool Season.
Look for an update on this in the Spring Newsletter.
The Community Fence:
Multiple
Areas Needing Repair: There are several areas of the fence around Country
Lane that need to be repaired. The most
obvious area is just to the West of the main entrance. A motorist had a medical
event that caused them to lose control of their vehicle and hit the wall. Unfortunately, their insurance was not in
effect at the time so, the community will have to pursue legal means to recover
the cost of the repairs. Those repairs
have been completed as well as two other areas of the fence along the boundary
with the New Life Church that were in need of repair / repositioning due to
non-impact related issues. Finally, a section of the fence along Iliff that has
suffered deterioration from sprinkler water is being investigated for repair.
Past Due Accounts:
Significant
Progress Made In 2015: There was a significant reduction in Past Due Balances
during 2015. The Past Due Account total
was reduced by 37% from $33,599 to $21,176 during the first eight months of
2015. The Board will continue to pursue
offering payment plan options prior to attorney involvement, where possible, to
avoid undue added expense to the homeowner.
Committees:
Welcoming
Committee: After a number of years being dormant in
Country Lane we now have a volunteer, Nikki Miyata, to head the Country Lane
Welcoming Committee. Please feel free to
contact Nikki niki.l.roberts@gmail.com to help her
get the committee rolling. We have had a
number of newcomers to the community recently that need to be welcomed.
Social / Pool Committee: After a several of years being involved in the remodeling of
the Pool House and Chairing the in Country Lane Social / Pool committee, Carol
Donahue has decided to give someone else the opportunity to manage things. The Board would like to thank Diana Allison (303)
337-7063 and Cindy Stoeber (303) 743-0282 who have stepped forward from their
previous positions on the committee to take charge. Please contact one of them to become
involved.
2016 Budget:
The Country Lane Board of Directors has approved the 2016
Budget. The monthly assessment will be
$75 for 2016. Please click the "Budget" link to view the HOA 2016 Budget
Other Items of Interest:
Food Bank Donations:
Attached are
photos of the food that was donated by Country Lane Residents at the Pool Parties
for the guests that attended with them.
The Social Committee delivered the items to the Food Bank of the
Rockies. Thank you all for your support
and generosity!
Community Fence Tagged Again:
Thank you Graffiti Removal Volunteers: The
Community Fence was tagged again recently in two places…where it was damaged
near the main entrance and also along Vassar Pl. The Board would like to thank the resident at
17529 E Caspian Place and Board member, Pat Shipley for taking the time to
remove the graffiti using the elephant snot product that the Board has
purchased for this purpose. It does
appear that the product worked better than expected so, some repainting of the
Vassar fence may be required.
Your
Board of Directors
Joseph
Morrisey morrijoseph@gmail.com Don Jenkins
donj5023@hotmail.com
