We held a meeting on Thursday, October 26th at 7pm at the SilverHawk Clubhouse. At the meeting we discussed the status of the project and the steps and timeline to finally get the project moving forward.
Here is brief overview of the timeline and process moving forward:
1. 51% Minimum must sign the petition to create the tax assessment district
If we don't get enough votes on this petition, then our next step in the process to repair the road is to have a vote for a special assessment in the Villas which will be somewhere near $4,700 per home due prior to hiring the contractor to do the repairs. If that special assessment does not pass, then we will have to save 8.6 years just to have the money required to fix the road in its current state of disrepair. In 8.6 years, the cost to repair the road may double or triple. This means that if this does not pass, the Villas road will be in a continues state of decline with no money available for repairs.
2. City Council passes a resolution to create the tax assessment district after review of documents prepared by the city engineers. (The tax assessment district is just a method of assessing the owners of the Villas for the cost of the project over a 10-15 year period.)
The timeframe to get to this step is approximately 60 days from the date that we turn in the petition and our application fee of $10,000.
3. Construction begins to repair the road and bring the area up to city code.
4. Construction ends
5. City formally takes ownership of the road.
The timeframe to get to this step is approximately 9-12 months from the day we turn in the petition.
If there are any questions please respond to this post and we will answer them for you.
Kevin Mashburn will be going door-to-door on behalf of the HOA to collect signatures on the petition for the tax assessment district. Essentially, this is the document that gives the city permission to assess the homes in the Villas the cost for the repair of the road to bring it up to code. This is the last document that we will have to obtain from the homeowners for this project. We must have at a minimum 51% of the owners in the Villas to proceed.
Meeting with Craig Wallace of SRB on June 12th, 2017 (the Contractor)
Chris Painter met with Mr. Wallace on site inside the Villas. During our walk through, he mentioned several areas of concern and noted that the roads are beginning to deteriorate significantly. In addition to the cracking, he also noted that the ramps no longer meet code and that they would have to be reconstructed to meet code.
He gave me a very rough estimate of the cost to complete the project but we have determined not to release that preliminary number at this time. We want to wait to see what the report says after an in-depth analysis has been completed.
We have received the preliminary engineering analysis from SRB. This report is for us to present to the city for review and acceptance. What should be understood about the price is that this cost will be payed from each homeowner in the Villas. It will be spread over fifteen years per home through taxes. More information will be available at a later date as we move through the process.
Next Steps: Working with the City (8/1/2017)
Now that we have received the engineering analysis, we have made contact with the City and are awaiting their response. We are hoping to have an answer in the next 6-8 weeks on whether or not to move forward with this project. If you have questions you may direct them to Chris Painter, President. President@silverhawkhoa.com
We are still awaiting a response from the City. We have reached out to the manager once again and will try to contact him this week for answers on our next step.
Procedures for Tax Assessment Districts
Mr. Joshua Slaton worked with the SilverHawk Board of Directors, Jeff Click and several other homeowner's to make this project happen. He presented the idea of this project to the Association during a Board Meeting. The presentation was impressive and he had all of the steps planned out. We are happy to have been able to help this young man by giving him the tools necessary to finish one of his last requirements towards his Eagle Scout. In doing so he help not only distinguish himself but added to the Association's common area. Several have noted how nice it is, to be able to walk the pond area and have a bench to sit at for a rest or to watch the sunset. Josh recently sent the association a thank you card with some pictures. Please enjoy and take a moment if you see them, to thank Josh for what he did for our community!