Homeowners Association 2018 Annual Meeting Baldwin Square November - - PDF document
1 Homeowners Association 2018 Annual Meeting Baldwin Square November 7, 2018 BALDWIN SQUARE HOMEOWNERS ASSOC DENNIIS TOWNHOMES BALDWIN SQUARE IV CRAWFORD COURT CAROLINE STREET BALDWIN SQUARE I ANITA STREET I BALDWIN
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– Pete Richard’s position
– 2 Year Term – Monthly Board Meetings
– Use of e-mail / MS Office – Critical traits wanted
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– Originally established by Perry Homes (builder of our homes) – Became homeowner controlled in 2003
– 13 townhome communities (grouped townhomes) – 10 gated, 3 without gates
– Landscaping, iron & wood fences, drive gates, irrigation, some grouped residential water lines – Common driveways, storm drains, & ROW
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– 163 of 165 collected – Active legal collection actions are in progress against delinquent accounts
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Budget Components 2018 Actual
2018 Budget
Property Management $30,518
$28,695
Insurance $3,498
$3,400
Fence Paint and Repair $1,641
$1,500
Trash & Recycling $32,299
$30,178
Landscaping Maintenance $82,685
$72,700
Gate Repairs & Power $8,710
$10,900
Water - Residential $52,414
$47,209
Water - Irrigation $21,191
$23,332
Reserves $7,211
$7,211
Total $240,060
$222,900
Reserves Admin Trash Landscaping Gates Residential Water Irrigation Water
Water & Trash & Landscaping was 78% of our total budget
Insurance Fences
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$30,518, 13% $3,498, 1% $1,641, 1% $32,299, 13% $82,685, 34% $10,043, 4% $52,414, 22% $21,191, 9% $7,211, 3%
Property management Insurance Fence Paint and Repair Trash & Recycling Landscaping Maintenance Gate Repairs & Power Water ‐ residential Water ‐ Irrigation Reserves
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Reserves Admin Trash Landscaping Gates Residential Water Irrigation Water
Water & Trash & Landscaping was 78% of our total budget
Insurance Fences
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$30,458, 12% $3,400, 1% $12,750, 5% $30,195, 12% $79,572, 32% $11,300, 5% $49,549, 20% $23,764, 10% $7,500, 3%
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Budget Components 2019
2018 Actual 2018 Budget
Property Management $30,458
$30,518 $28,695
Insurance $3,400
$3,498 $3,400
Fence Paint and Repair $12,750
$1,641 $1,500
Trash & Recycling $30,195
$32,299 $30,178
Landscaping Maintenance $79,572
$82,685 $72,700
Gate Repairs & Power $9,800
$8,710 $10,900
Water - Residential $49,549
$52,414 $47,209
Water - Irrigation $23,764
$21,191 $23,332
Reserves $7,500
$7,211 $7,211
Total $240,988
$240,060 $222,900
1) All equal / true common costs distributed equally by townhome 2) Community-specific amenity costs distributed by amenity amount / size
Base costs common to all - split by 165
(Property management, trash, insurance, legal, collections, etc.)
+ Gates & Electricity by gate
(17 gates total divided by number of gates in each community)
+ Wood Fence by fence length
(assessed as % of total wood fence length in each community)
+ Metal Fence by fence length
(assessed as % of total metal fence length in the community)
+ Landscaping by land area
(assessed as % of the total common land area in each community)
Landscaping maintenance by land area
assessed as % of the total common area in each community)
+ Residential Water by property
(metered by property)
+ Irrigation Water by property
(metered by property)
= Total Assessment
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BSHA Community # of Units 2019 Assessment Anita I 3 $1,441.52 Anita II 3 $1,385.70 Anita III 7 $1,104.94 Baldwin Court 35 $1,531.49 Baldwin Square I 34 $1,152.04 Baldwin Square II 13 $1,142.54 Baldwin Square III 13 $1,772.50 Baldwin Square IV 16 $1,791.99 Baldwin Square V 13 $1,717.55 Caroline Townhomes 3 $1,229.22 Crawford Court 16 $1,681.25 Dennis St Townhomes 6 $2,300.89 Tuam St Townhomes 3 $1,583.85
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