Please see the letter that Aqua will be sending to all residents regarding the upcoming water main project. You may have seen the PA One Call flags.
Archive for the ‘Uncategorized’ Category
16 Dec
Community Santa Party Cancelled
Unfortunately we had to cancel this evening’s Community Santa Party as we lacked the critical “jolly” volunteer. If you would like to volunteer for next year, please let us know
5 Dec
December 2017 Newsletter with 2018 Budget
Please click here to view our December 2017 newsletter which includes our 2018 Budget.
22 Nov
Next Open Meeting – Budget and Reserve Fund Study Presentation
Our next open meeting is Wednesday, December 13th at 7:15PM at the Clubhouse.
We will be presenting the reserve study based upon this presentation created by Reserve Advisors and discussing how our budget and HOA dues must be adjusted to achieve the funding required to maintain our common elements such as common grounds, the pool, clubhouse, roads, etc.
11 Oct
HHA Reserve Fund Study – Report
Back in September, the HHA Board commissioned a reserve fund study through Reserve Advisors.
The goal of the study was to inventory our common elements and provide a maintenance cost projection for the next 30 years. Common elements with major maintenance requirements that must be budgeted include our roads, the pool, the clubhouse, and also our playground, pond, and tennis/basketball/hockey courts.
Other elements that must be funded for the townhouses include the street lights, dumpster enclosures, mailbox kiosk and retaining walls.
The link to our reserve fund study report is below. We recommend that you read some background material on HOA reserve funds and reserve fund studies to assist with understanding the report. We plan to present and discuss the reserve fund study at a future Open board meeting.
Reserve Fund vs Operating Fund – What is a reserve fund used for?