Feb 11, 2009
Cumberland Harbour residents and owners extend their sympathy to their friend and neighbor Glenn Saare for the loss of his daughter, Shawne Jones.
Topics:
CH Neighbors
Feb 10, 2009
This POA Bd. Report has been posted as a courtesy. Harbour Lights has no connection to the POA, the property manager, or any other entity.
-Editor
Report from CH Property Owners Association Board
POA Bd. email established for addressing questions and concerns
CUMBERLAND HARBOUR PROPERTY OWNERS ASSOCIATION
Dear Fellow Lot Owners:
As the newly appointed Board of Directors of the Cumberland Harbour Property Owners Association, we would like to give everyone a brief update on where the community stands at this time.
As most of you are aware, Land Resource filed for a Chapter 11 bankruptcy last October. The bankruptcy process has been ongoing and recent activity involved the liquidation of their assets. This liquidation resulted in the communities which were under development being offered at auction with a plan to sell them to the highest bidder. The bank holding the main mortgage on Cumberland Harbour did not accept the highest bid and ended up taking back the community itself with plans to continue to market and eventually sell the community for a price they feel is more equitable.
As part of the review of the current issue with the bankruptcy, the Board of Directors met with the association’s legal counsel to discuss filing a claim with the bankruptcy court to secure the common areas and facilities on behalf of the association and its members. The Board did authorize this filing and as further information becomes available, it will be communicated to you, the lot owners.
Also, as reported earlier, the Supreme Court of Georgia overturned the lower court ruling prohibiting the building of the marina so we are hopeful that once a new developer comes forward to purchase the community, we will also see plans for the marina to be built.
The City of St. Mary’s is pursuing the release of the bond money to finish the roads and infrastructure in the community. At this time the bond company has had their own engineer out to look at the community to determine his estimate of the work still needed to be done. The City will seek proposals from sound, responsible companies based on the engineer’s plan of work and, provide them to the Bond company. We hope to see work begin on this sometime in the next several months, but there has been no schedule set for the work at this time.
The Board has met to review the financial status of the association. A hard look was taken at the delinquencies in the payment of the homeowners assessments. The Board has instructed management to work with George Nowack, the association’s legal counsel, to take further action to collect the outstanding balances.
It was the decision of the Board to keep the 2008 budget in place with the fees at the same level for 2009. The Board will be working with management on keeping expenses down where possible while not affecting the quality of service provided. We feel that a renewed collection effort combined with a close eye on expenses should enable us to weather the current economy. (A copy of the budget is available here!)
Also, the Board has been working with our manager, Jeanette Jones, in having repairs done to the common area buildings where needed. The Pool House was in need of replacement of some exterior sheathing that water had penetrated, the Spring House required replacement of some rotted wood and, the Fitness Center had a leak in the roof.
Plans for the very near future include review of proposals for insurance coverage for the association as well as to perform the audit recommended by AIM Services as discussed at the annual meeting.
The Board would also like to report that the Design Review Board has been busy reviewing new submittals for home construction in the community and in the past few months, they have given approval for four new houses to be constructed. Several of these have already begun work and we should have new neighbors in these homes within the year.
We will try to keep everyone informed as we move forward with the future of the community. Updates are always available at the Cumberland Harbour Blog Site: http://www.cumberlandharbor.blogspot.com/;
We have also set up a separate email for individual concerns or questions for the Board of Directors at: Boardchpoa@aol.com. These concerns or questions will be addressed at each HOA Board meeting and upon a consensus of the board and a response will be made in person or via phone to each individual by a board member, manager, or future owner of the development.
Cumberland Harbour remains a wonderful community with a great group of folks living here. We encourage you to visit and hope that you will soon join us as a neighbor!
For the Board of Directors:
Glenn Saare, President
Editor's note: The lPOA Board Report and a copy of the 2009 budget will also be mailed to CH lot owners and posted at the AIM website: http://www.aim-services.net/ (Registration required)
Harbour Lights home
-Editor
Report from CH Property Owners Association Board
POA Bd. email established for addressing questions and concerns
CUMBERLAND HARBOUR PROPERTY OWNERS ASSOCIATION
BOARD OF DIRECTORS
REPORT AS OF Feb. 10, 2009
Dear Fellow Lot Owners:
As the newly appointed Board of Directors of the Cumberland Harbour Property Owners Association, we would like to give everyone a brief update on where the community stands at this time.
As most of you are aware, Land Resource filed for a Chapter 11 bankruptcy last October. The bankruptcy process has been ongoing and recent activity involved the liquidation of their assets. This liquidation resulted in the communities which were under development being offered at auction with a plan to sell them to the highest bidder. The bank holding the main mortgage on Cumberland Harbour did not accept the highest bid and ended up taking back the community itself with plans to continue to market and eventually sell the community for a price they feel is more equitable.
As part of the review of the current issue with the bankruptcy, the Board of Directors met with the association’s legal counsel to discuss filing a claim with the bankruptcy court to secure the common areas and facilities on behalf of the association and its members. The Board did authorize this filing and as further information becomes available, it will be communicated to you, the lot owners.
Also, as reported earlier, the Supreme Court of Georgia overturned the lower court ruling prohibiting the building of the marina so we are hopeful that once a new developer comes forward to purchase the community, we will also see plans for the marina to be built.
The City of St. Mary’s is pursuing the release of the bond money to finish the roads and infrastructure in the community. At this time the bond company has had their own engineer out to look at the community to determine his estimate of the work still needed to be done. The City will seek proposals from sound, responsible companies based on the engineer’s plan of work and, provide them to the Bond company. We hope to see work begin on this sometime in the next several months, but there has been no schedule set for the work at this time.
The Board has met to review the financial status of the association. A hard look was taken at the delinquencies in the payment of the homeowners assessments. The Board has instructed management to work with George Nowack, the association’s legal counsel, to take further action to collect the outstanding balances.
It was the decision of the Board to keep the 2008 budget in place with the fees at the same level for 2009. The Board will be working with management on keeping expenses down where possible while not affecting the quality of service provided. We feel that a renewed collection effort combined with a close eye on expenses should enable us to weather the current economy. (A copy of the budget is available here!)
Also, the Board has been working with our manager, Jeanette Jones, in having repairs done to the common area buildings where needed. The Pool House was in need of replacement of some exterior sheathing that water had penetrated, the Spring House required replacement of some rotted wood and, the Fitness Center had a leak in the roof.
Plans for the very near future include review of proposals for insurance coverage for the association as well as to perform the audit recommended by AIM Services as discussed at the annual meeting.
The Board would also like to report that the Design Review Board has been busy reviewing new submittals for home construction in the community and in the past few months, they have given approval for four new houses to be constructed. Several of these have already begun work and we should have new neighbors in these homes within the year.
We will try to keep everyone informed as we move forward with the future of the community. Updates are always available at the Cumberland Harbour Blog Site: http://www.cumberlandharbor.blogspot.com/;
or at the AIM website: http://www.aim-services.net/
.We have also set up a separate email for individual concerns or questions for the Board of Directors at: Boardchpoa@aol.com. These concerns or questions will be addressed at each HOA Board meeting and upon a consensus of the board and a response will be made in person or via phone to each individual by a board member, manager, or future owner of the development.
Cumberland Harbour remains a wonderful community with a great group of folks living here. We encourage you to visit and hope that you will soon join us as a neighbor!
For the Board of Directors:
Glenn Saare, President
Editor's note: The lPOA Board Report and a copy of the 2009 budget will also be mailed to CH lot owners and posted at the AIM website: http://www.aim-services.net/ (Registration required)
Harbour Lights home
Topics:
POA Bd. Communications,
POA News
Feb 1, 2009
Super Bowl XLIII Sunday!
Game broadcast on NBC - Kick-off around 6:32 ETFor those who don't care for football, there's Animal Planet'sPuppy-Bowl V, with the Kitty Half-time Show
Game broadcast on NBC - Kick-off around 6:32 ETFor those who don't care for football, there's Animal Planet'sPuppy-Bowl V, with the Kitty Half-time Show
Topics:
Festivals and Holidays
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