PLANTATION ESTATES HOMEOWNERS' ASSOCIATION
(PEHOA)
P.O. Box 2284
Swansboro, NC 28584
April 9, 2011
Spring is in the air and it is a welcome visitor after the winter. Hope you are enjoying the beautiful weather and nature's beauty.
The Annual PEHOA meeting will take place on April 29, 2011, at 6:00 P.M. at the Common Area. Please bring a chair. We are trying to hold costs down so we won't rent a tent or have a potluck meal prior to the meeting. As always, members are encouraged to voice opinions and concerns. In order to afford all members an opportunity for expression, comments will be limited to five (5) minutes per person. In the event of rain, the meeting will take place on Saturday, April 30, 2011, at 10:00 A.M. at the Common Area.
Enclosures with this meeting notice include a proxy; Board Meeting Minutes for March 30, 2011; proposed budget; rules approved by the Board; discussion concerning finishing overlaying Plantation Drive and updated members list. As per the restrictive covenants, there must be at least 40% of eligible voters present either in person or by proxy if the meeting is to be legal. If you are unable to attend, please designate a PEHOA member to be your voice, sign the proxy and return using the addressed, stamped envelope by April 28, 2011. If you are receiving this information by e-mail and will be unable to attend, please sign the proxy electronically, designate a PEHOA member to be your voice and either e-mail it to Alice Aurilio or have the designee bring it to the meeting. Thanking you in advance for your participation.
The agenda for the meeting is as follows:
I. Welcome and introductions
II. Reading of secretary's minutes from May 1, 2010, Annual meeting
III. Reading of treasurer's report
IV. Old Business
V. New Business
1. PEHOA budget presented and considered for ratification. Neither a quorum nor a vote is necessary for ratification. Ratification occurs if a majority does not disapprove.
2. Volunteers needed to mow sides of front entrance during growing season.
3. Election of Board members- president, vice president, treasurer, secretary and member-at-large. Please consider getting involved.
4. New issues/concerns
5. Adjournment
If you have questions or concerns about the meeting or the agenda, please feel free to contact a Board member. Looking forward to seeing you on April 29, 2011.
Duane Jastremski, President, 910-326-7790, dbjastremski@hotmail.com
Alice Aurilio, Vice President, 910-326-5841, alicefrank@embarqmail.com
Grant Sparks, Treasurer, 910-326-2329, gsparks@ci.jacksonville.nc.us
Vicki Brown, Secretary, 910-326-2009, brownandbarefoot@embarqmail.com
Roger Brown, Member-at-Large, 910-326-2009, brownandbarefoot@embarqmail.com
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BUDGET PROPOSED FOR PEHOA APRIL 2011 TO APRIL 2012
INCOME AVERAGE $10,000 PER YEAR (DUES)
Expenses
ELECTRICITY-$1600
POSTAGE/PRINTING-$300
ATTORNEY-$750
OFFICERS LIABILITY INSURANCE-$825
GENERAL LIABILITY-$269
BANK CHARGES-$50
OPERATIONS AND MAINTENANCE-$350
DISASTER FUND-$2500
EXPENSES LESS CIP-$6644
CONTRIBUTION TO CAPITAL IMPROVEMENT FUND-$3356 (ROAD RESURFACING)
TOTAL EXPENSES $10,000
NOTE: 2010/11 PROPOSED BUDGET-$5176 EXPENSES AND $4824 TO CIP (FOR COMPARISON)
DIFFERENCE IS DUE TO DISASTER FUND BEING NEW TO BUDGET
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Rules Approved by the Board March 30, 2011
- Outbuilding Appearance in PEHOA
An outbuilding's siding color, design, structure and materials shall be the same as that of the main structure. Additionally, as stated in article VIII, Dwelling Quality and Size of the Restrictive Covenants, "…shall be approved in writing by submitting plans to the architectural committee/Board."
- Rule for Fencing Materials in PEHOA
Fencing materials for use within Plantation Estates shall be wooden sections, split rail, chain link (backyard only), wooden planks/boards, PVC (vinyl), brick or wrought iron. As stated in the Restrictive Covenants Article VI, Architectural Control, "No building, fence, wall, road, driveway, dock, pier, seawall or other structure shall be commenced, erected or maintained upon the Property Concerned…until the plans and specifications showing the nature, kind, shape, height, materials and location of the same shall have been submitted to and approved in writing as to harmony of design and location in relation to surrounding structures, lots and topography by the Board…"
- Rule for Maintenance of Cleared Lots in PEHOA
A cleared lot whether unimproved or improved will be mowed/bush hogged as necessary so grasses, weeds and saplings are no taller than one (1) foot in height during the year. An improved lot will be defined as one having a septic tank, and/or well and/or structure on it.
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April 10, 2011
Hello, Plantation Estates home and landowners. A serious discussion needs to begin about maintaining Plantation Drive. Every year this discussion takes place and aside from maintenance completed in 1995, 2001, 2004, 2005, 2009 and 2010, the proverbial can is continually kicked down the road and left in the ditch.
As you all know, 1,200 feet of the road was given an overlay last year and patching was done along the entire length of the road. After operating expenses, the association has approximately $5,500 to put toward the road fund each year. The cost of the overlay would be approximately $25,000 and will increase as the cost of a barrel of oil increases. At the rate of $5,500 per year going into the road fund, it will take approximately 5 ½ years to have sufficient funds for the overlay. If you walk the road or even look at it as you drive, there is little doubt the untreated areas will continue to degrade.
All home and landowners have a stake in maintaining the road. Everyone should or should have known that the association members maintain a private road, which Plantation Drive is. To answer the question before it is asked, no, the state will not take the road over for maintenance. They are trying to divest themselves of this responsibility all over the state and they are in a budget crisis. We have researched this over and over. The last time the discussion led us to an estimate by the state to take it over was for $100,000. We must bring it up to the new standards for 2011, our standard was up to par in 1986, but times and standards have changed. Part of preserving our homes and/or property values depends on maintaining all of Plantation Drive. Future buyers will not just be looking at the first 1,200 feet of road. They will be looking at the entire road. Even if you don't need to drive around or through future potholes, to get to your home or property, the entire development's value will be affected by the quality of the road.
After relaying the remainder of the road, the road should be able to last 20-25 years. It is time for all of us to start thinking about situations that are found beyond our own front door and work together as a community. This spirit has, in the past, shone in the folks living here and it can be rekindled.
The Board is asking all owners to seriously consider a one time special assessment of $500. This would give us $20,000, minus operating expenses for the year. With the money in the road fund, we would probably have sufficient funds to get the job done in a year or so. After this is done, we can start planning to complete some of the amenities that folks talk about. It is going to take teamwork, but it can be done.
Please let Alice Aurilio know what your opinion of this proposal is by calling 910-326-5841 or e-mailing to alicefrank@embarqmail.com. Please make your thoughts known by April 28, 2011. If 75% of eligible members were in favor of the proposal, a special meeting would be needed, in the future, to finalize the matter. Thanking you in advance for your commitment to Plantation Estates.
Best Regards,
The PEHOA Board