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7/16/2013 11:49:18 AM
 
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Section 5: OPA Board Subject: Special BOD CIP Meeting Msg# 862564
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When we purchased our OP abode several years ago we automatically assumed the assessment would rise a bit each year.
The primary driver of assessment increases is the board's decision to collect money in advance to do major repair/replace on a substantial part of OPA's 45-year-old infrastructure. In other words, current owners in OPA are going the foot the bill to replace perhaps $20 million or so of infrastructure. Those who lived here from inception to about 2005 reaped low assessments; we are seeing higher assessments; after the replacement/repair is substantially done it may be those who come after us will see assessments more stable for a period of time.... until the cycle repeats. |
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For reference, the above message is a reply to a message where: When we purchased our OP abode several years ago we automatically assumed the assessment would rise a bit each year. Wear and tear on old amenities, rising costs due to INFLATION, etc. If you notice, your property taxes, water and sewer bills, tv, and most other things are generally increasing in cost, over time. At the time, I could play golf and so on but age has taken its toll. It is pretty difficult to find a nicer place to live and, it is fairly inexpensive to live here. I do know one couple who moved away because of the cost of gas to heat their oversize house. |
| Calendar |
OPA Board Meeting - Golf Clubhouse
11/23/2024 - 9:00 A.M. 3 days or less away! |
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Special Board Meeting - Board Room
11/25/2024 - 7:00 P.M. |
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OPA Board Meeting - Golf Clubhouse
12/21/2024 - 9:00 A.M. |
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OPA Board Meeting - Golf Clubhouse
1/25/2025 - 9: A.M. |
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OPA Board Meeting - Golf Clubhouse
2/22/2025 - 9:00 A.M. |