Meeting – 09/11/08
The Board voted to proceed with the bulkhead & boat slips replacement and expansion this year. The Board voted to set a special assessment of $450 per property to finance the bulkhead portion of the project.
The Board further voted to finance the boat slip portion of the project from the revenues from future boat slip leases. The Board voted to offer and encourage discounted 5 years leases to be paid in advance, at the rate of $5,000 for the 10´ slips and $6,000 for the 12´ foot slips. The Board voted to set the boat slip rental fees for 2009 at $1,200 for the season, for 10´ slips, and $1,500 for 12´ slips. Priority for next year’s leases will be given to those who sign up and pay for 5 year leases, with the understanding that the lease may be canceled by the lessee for future years, in which case a refund will be made after deducting the single season rate for each of the seasons leased in part or in full.