Mariners Cove Association Meeting
May 25th, 2016, 7:00pm
Village Hall Third Lake...87 North Lake Avenue
All Homeowners are welcome to attend to better understand the status of our association! We have been talking about the removal and possible replacement of the deck on Druce Lake, as well as discussing the threat possed by the beavers. Stop by and find out more.
We recently had a reserve studay done for the Association. The association owns and maintains various portions of the neighborhood, and a reserve study is something done to project what maintenance of those areas is going to cost in the coming years. No one wants to be caught off guard by an emergency, and we need to make sure as a community we have the funds to cover those things we are responsible to take care of.
MCCA - Reserve Study - Recommended Reserve Funding - This contains the page that reflects the annual contributions required to meet the future expenditures. It also contains a chart that shows the contributions, expenditures and year end balances of the reserve fund.
MCCA - Reserve Study - Expenditures Year 1 - 15 - This contains a table that reflects the expenditures by component required over the years 2017 and 2031.
MCCA - Reserve Study - Expenditures Year 16 - 31 - This contains a table that reflects the expenditures by component required over the years 2032 and 2046.