Quote:
Originally Posted by arock10
Also Rochard how are they planning on paying for those pool upgrades? I've heard some horror stories before where they pass some new upgrades and all the owners have to chip in thousands of dollars
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Most of this is already paid for. More than half of the cost will be funded by cash on hand, the rest will be financed using a low interest short term loan. Our HOA takes in a lot more money than it spends so it shouldn't be a problem.
They are telling us they can do all of this with raising our fees which is ideal.