Fees, News from HOA1 and HOA2 Board

SBINSIDER REPORTING| September 15th, 2024 From HOA1 board meeting on August 29th, the salient news was an $180 in the annual fee or about $15 bucks a month. Most of the costs underlying the increase have to do with inflation of the general price level, particularly the need to be competitive with wages for staff retention. Also, despite COVID being pretty distant in the rear view mirror, its affects on supply chains has delayed delivery of new equipment and so prices have increased for all those essential things we need to operate the HOA. Bellagio Style Fountain Display The fountain in the lake located near the intersection of SaddleBrooke Blvd and Ridgeview will soon be dazzling the residents with new spraying patterns (38 programs, 7 new nozzles) and exciting colors. The upgraded equipment takes the place of the existing equipment which is at the end of its useful life but will be stored as a backup. The changes to the display will now be done remotely from shore not by taking the HOA1 yacht to the fountain and manually making changes.  Residents will be asked to comment on the displays after a variety have been tried. Resident's [...]