SHOREWALK NEWSLETTER
MARCH 2010
Dock Season Begins April 1, 2010
Dock season begins April 1, 2010. We have just sent a notice to all dock licensees that the annual dock fee in the amount of $650.00 is due and payable on April 1, 2010 in the management office. If you are currently on ACH your dock fee will be taken out automatically in April. When you send in your fees or it is automatically deducted from your account, you must also send in a current copy of the registration for your watercraft, which must reflect the “Owners Name” and “Shorewalk” address. (Outside people are not allowed to have their boats docked at Shorewalk- i.e.: brothers, friends, etc.) Once we receive this information, we will issue a 2010 sticker, which is to be placed on the boat, prior to putting the watercraft in the water.
Warning: Frequent patrols of the docks are conducted to monitor activity and compliance of rules.
If you wish to install a boat lift, you must get architectural approval prior to the installation, including a picture of the lift and the exact measurements.
Pets
Spring is here and now that the snow has melted, pet feces are evident and abundant. It is a Marion County Ordinance and Shorewalk covenant that dogs be on a leash when outside the unit accompanied by a resident and that you pick up after it. Shorewalk also does not allow any tethering of dogs. Many folks want to open their windows to get the fresh air. Let’s make sure they can.
Architectural Requests
If you are going to do anything at all to the exterior of the unit you must first obtain approval from the Board (in writing) prior to anything being done. A form can be obtained from the Shorewalk or KMC websites or by calling Kirkpatrick Management Co., Inc. at 558-5360 (Tammy Landers, assistant).
Parking/ Speed
Many of you are having work done at your unit and that is great, please advise your contractors that they cannot park in the grass. We have several parking pads available for excess parking, which should be utilized, rather than parking on the streets. This is especially important where we have curves and intersections that vehicles cannot be seen until it is too late. We also need to watch our speed and make sure we stop at all the stop signs. Now that the weather is getting nicer foot traffic throughout the neighborhood has returned.
FHA/Fannie Mae/Freddie Mac Changes
A great deal of the mortgages at Shorewalk are backed by one of the above entities. Effective February 1, 2010 FHA enacted new guidelines that Shorewalk will need to comply with as outlined below:
Delinquencies
One item of concern is the delinquencies. Shorewalk currently has no less than four bankruptcies that total $27,293.00. We have one foreclosure that is $7,273.00; and one that we have to write off in the amount of $11,469.50 (went back to FNMA). One unit that is in a tax sale that owes $6,525.25 and another 28 owners that have an outstanding balance due the property in the amount of $22,418.09.
This obviously has Shorewalk under a lot of strain, making operation difficult.
Maintenance Fees and Late Charges
All maintenance fees are due and payable in advance of the first day of each month. If the payment is not received in the management office on the 15th of the month a $25.00 late fee is added to the account. A reminder notice is sent out each and every month advising of the balance due on your account. If you have any questions about your account or wish to make arrangements please contact Kirkpatrick Management Co. Accounts Receivable at 558-5411. We also accept credit card payments.
The financial well being of the community is solely dependant on the timely payment of monthly fees. The financial future of the community relies completely on the ability of the homeowners to meet their responsibilities.
