I/we the undersigned homeowners are against the
current projected $7 million clubhouse expansion in Pine Mountain Club. We are
not against minor improvements to the current facilities, however we are against a project this size that does not keep the current cost of living low, but will
eventually make our association fee increase drastically. If the Board of Directors can not facilitate alternative solutions at a lower cost, we the homeowners will block this project with a vote at the June 2017 election.
Updates
March 13, 2017
I have submitted a formal request for a breakdown of the projected construction costs and the expected impact on our monthly association fees. We are currently reviewing the bylaws to prepare for a procedural challenge at the upcoming election if the Board refuses to provide clear financial documentation.
March 13, 2017
The volume of support has secured us a meeting with the Board of Directors to formally contest the current financial projections. Legal counsel is now reviewing our petition data to draft a letter demanding a full audit of the proposed expansion costs before the next election cycle.
18 Comments
Not in favor of this monstrosity - fiscally irresponsible project. Personally I like the homey feel of the clubhouse the way it is - I understand we do need to update the bathrooms to be ADA compliant - I am in favor of that. I am not in favor of taking a loan to do it.
This is a major disaster waiting to happen. The arguments from the board are sugar coated to make the proposal look good, but in the end fiscal irresponsible. It is not just the cost of the building, but earthquake and fire insurance, higher property tax, higher liability insurance, more staffing where we already are over bloated in staffing, more maintenance crew, a bigger restaurant that will only cost a bigger loss than we have now (-$235,000) a bigger bar that is already losing money. In the end, the assessment fees will go thru the roof.
stupid expense considering the nature of our village and the competition expected new towns at Teyon ranch.
Tract 3508-420
What I find MOST disturbing about the club house situation is that the BOD is OK with spending 7 mil and increasing association fees by $600 a year without asking the membership for approval. I cannot even find the words to express how disgusting and irresponsible I find that realization to be.
I've lived here for 11 years and other than the Day Fire meetings I go to the clubhouse window once a year to pay my assessment, which by the way is already too high for what the membership receives!
No, we do not want nor can we afford assessment fees that are bound to skyrocket with a project such as this!
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I/we the undersigned homeowners are against the
current projected $7 million clubhouse expansion in Pine Mountain Club. We are
not against minor improvements to the current facilities, however we are against a project this size that does not keep the current cost of living low, but will
eventually make our association fee increase drastically. If the Board of Directors can not facilitate alternative solutions at a lower cost, we the homeowners will block this project with a vote at the June 2017 election.
Updates
March 13, 2017
I have submitted a formal request for a breakdown of the projected construction costs and the expected impact on our monthly association fees. We are currently reviewing the bylaws to prepare for a procedural challenge at the upcoming election if the Board refuses to provide clear financial documentation.
March 13, 2017
The volume of support has secured us a meeting with the Board of Directors to formally contest the current financial projections. Legal counsel is now reviewing our petition data to draft a letter demanding a full audit of the proposed expansion costs before the next election cycle.
18 Comments
Raising the HOA fees to support the new clubhouse is a bad idea. This will make it necessary for a number of PMC residents to sell their property, because they can't afford the high fees. Our property values will go down, because fewer people will want to buy a home here. Therefore, the PMC/POA will end up with less money to support the village. Residents will have to foreclose on their property, which will mean less money for the association. Repair the existing clubhouse for handicapped access, install a new roof, remodel the kitchen in the PP, fix the wiring and the plumbing. Please get an estimate on the cost and report to the residents.
Not in favor of this monstrosity - fiscally irresponsible project. Personally I like the homey feel of the clubhouse the way it is - I understand we do need to update the bathrooms to be ADA compliant - I am in favor of that. I am not in favor of taking a loan to do it.
This is a major disaster waiting to happen. The arguments from the board are sugar coated to make the proposal look good, but in the end fiscal irresponsible. It is not just the cost of the building, but earthquake and fire insurance, higher property tax, higher liability insurance, more staffing where we already are over bloated in staffing, more maintenance crew, a bigger restaurant that will only cost a bigger loss than we have now (-$235,000) a bigger bar that is already losing money. In the end, the assessment fees will go thru the roof.
stupid expense considering the nature of our village and the competition expected new towns at Teyon ranch.
Tract 3508-420
What I find MOST disturbing about the club house situation is that the BOD is OK with spending 7 mil and increasing association fees by $600 a year without asking the membership for approval. I cannot even find the words to express how disgusting and irresponsible I find that realization to be.
I've lived here for 11 years and other than the Day Fire meetings I go to the clubhouse window once a year to pay my assessment, which by the way is already too high for what the membership receives!
No, we do not want nor can we afford assessment fees that are bound to skyrocket with a project such as this!
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Raising the HOA fees to support the new clubhouse is a bad idea. This will make it necessary for a number of PMC residents to sell their property, because they can't afford the high fees. Our property values will go down, because fewer people will want to buy a home here. Therefore, the PMC/POA will end up with less money to support the village. Residents will have to foreclose on their property, which will mean less money for the association. Repair the existing clubhouse for handicapped access, install a new roof, remodel the kitchen in the PP, fix the wiring and the plumbing. Please get an estimate on the cost and report to the residents.