All LCRCA Owners,
Please note that everyone on the LCRCA newsletter list gets all of these notices. While we think this provides you valuable information for the resort, you may opt out at any time. There is always a link at the bottom. If you opt out, know our only communication to you is email and our web site. Please stay informed.
Next Board Meeting
We will provide more details as the date approaches, but it is currently scheduled for February 17, 2018. We have moved this meeting around in the past in order to get a quorum. We do not have a place to hold a physical meeting at the moment.
2018 Assessments Delinquent January 31, 2018
The majority of members have paid their annual assessment in full. Thank you. Your 2018 Annual Assessment is past due if you have not paid in full. It will be delinquent after January 31, 2018. While everyone is getting this update, only members with an account balance will be getting the emailed invoice reminders. You may look up your account balance at any time through www.bill.com. We will be happy to give you an update by emailing us at firstname.lastname@example.org. If you have not mailed your payment yet, we would strongly suggest paying via credit card or ACH through bill.com so your payment makes it in on time. The link is on the invoice email. The lockbox is checked on Thursdays. So if your check is in the mail, your account will be updated Friday. We still have people mailing their check to the LCRCA mailbox in Burnside and not the lockbox in Somerset.
If mailing check, please remit payment to:
PO Box 1487
Somerset, KY 42502
That address is listed in the middle of the invoice. Please double check your address. Mailing to the wrong address will delay payment for a week. We had seven checks this past Friday picked up at the mailbox that won’t be posted until next week.
If you are still receiving an emailed invoice, please know it means we do not have your full payment. If you have never received your emailed invoice, please send a note to email@example.com. It is your responsibility to pay your annual assessment in full. The covenants are very clear that it is your responsibility. So if you changed emails, it is your responsibility to keep LCRCA updated. Again, this is really for a minority number of members that have not paid in full.
We will update liens in early February. You can review the good standing/bad standing policy on the website. Please be advised that anyone that is not paid in full will likely fall under this policy. We will file liens that will add another at least $200 in fees to your balance. You cannot use LCRCA services including the trash compactors while in bad standing. It makes it tough to rent a home without access to trash removal.
We are doing everything in our power to collect assessments timely. The reality is all of us will end up paying for the people that don’t through reduced services and/or higher future assessments. We truly appreciate all of our Members that pay in full and on time—all the time.
Road Project/Hole Project
Work will start to repair 13 concrete drainage areas and also build three new ones. These concrete areas are throughout the resort and will impact almost everyone. These areas will be torn out and fully replaced. Notice will be given to residents when it impacts you. There are some roads that will need to be shut down to allow for excavation and replacement. There will be three new ones created at Serenity Terrance and behind Gate 5. This was deemed to be the most critical repair for our roads. The concrete debris from this project will be used as fill for the hole that used to be a pond behind Gate 5. This hole will be filled in and become a green space. We plan to have this project completed this spring. We will update road detours and give out more information when the project is started.
Concrete Work/Rock Removal
Our road project will mean several loads of concrete will be brought to the resort. If you have a concrete project in mind for your own property, it would make sense to piggyback onto this road project to save yourself a little money. We will also be renting equipment to properly fill the hole at Gate 5. We have had inquiries to remove rock from personal property. With the equipment already in the resort, you can likely get a less expensive estimate to remove large rocks. We recommend contacting House Doctors for quotes at firstname.lastname@example.org
LCRCA Attorney Letter
We will be sending out a separate email with a letter from our attorney. We hope this answers questions some of you have had.
The Board is pleased with the progress we have made on all fronts in 2017. We continue to get positive rulings in Pulaski County in our favor. We have proper insurance coverage and true reserves that put us in solid financial shape. The condition of the resort is the best it has been in years. You should notice a difference in the debris removal, lighting and general upkeep throughout the resort. We appreciate our partnership with House Doctors. We have signed a multi-year agreement to keep them in the resort for years to come. Many Homeowners are using their services for home checks and repairs. We are just getting started here. If you have any repair needs, please call House Doctors at 606-677-0799 or send an email to email@example.com