|
Letter
from Mike Lindseth, President of Double Eagle HOA.
Options for the roof
| Some open issues
| Hot tub
alternatives | Money Market Account
The year
ahead
Next meetings: October
14, 2006 & April 21, 2007
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July 26, 2006
Dear fellow Double
Eagle homeowner
As I assume the
position of President of our homeowners association and Jerry
Niegelsen assumes the Chairman role of our renovation committee we
would first like to thank Dave Wright and the prior board members for
their years of service and the many, many contributions they made. We
would also like to thank the retiring members of our renovation
committee for all their hard work and dedication-- giving us a great
start on a much needed "makeover" for our property in
Breckenridge. The upcoming year will be a very exciting one and we
want to give you a quick update.
A
special meeting for all owners is scheduled for October 14th
starting at 10:00am in Breckenridge. We will be presenting the final
renovation plan at that time for a vote to move forward. Next year's
Annual Meeting will be held on April 21st at 10:00am in Breckenridge.
Please mark your calendars-we would very much like to see as many
owners attend as possible.
Over
the next 30 days our renovation committee is putting together
options for the roof. We will schedule a teleconference meeting of
all owners in late August to present those options to you and take a
vote on which one we want to implement. We will notify you in the
next few weeks as to the date, time and call-in numbers for that
(teleconference) meeting. The expected options are:
Option 1: Do
any needed repairs this fall, followed by a complete roof replace-
ment
(including a new structure) to be done during the renovation next year.
Hopefully we
can fund the repairs this fall from our existing cash position.
See
attached schedule of our money market account.
Option 2:
Replace the existing roof this fall within the existing roof lines and
structure.
This option would require an assessment as early as September 1.
Please be
aware of this possibility as we may need to raise the money on a
very short
notice. This options is expected to cost substantially less than
Option 1 as
it would not change the structure, shape and lines of the existing
roof.
Option 3: Do
any needed repairs this fall and replace the existing roof within the
existing roof
lines (same type of replacement as in Option 2) but done with the
renovation
next year.
The
renovation committee is also working on resolving some other open
issues with the
proposed renovation,
including deciding whether to extend all of the upper floor decks (13
in total). Hopefully we will be able to discuss their early findings
at our teleconference meeting to be scheduled in August.
At
our annual meeting we also established a committee to work on a hot
tub proposal to keep our hot tub secure and operating much more
effectively. We expect to have their recommendations to review and
vote on at our special homeowners meeting on October 14th.
The
year ahead will bring much change and hopefully significant
improvement to Double Eagle. Jerry and I are committed to keeping you
informed and involved in the decisions that are made. Communication
will be a key priority for us. We will have a WEB site that Fred May
is creating to include renovation plans and updates. This site should
be available in the next few weeks and the address will be www.mayhouse.org/doubleeagle.
We will also send a
short e-mail once per month to those of you who we have e-mail
address for to keep you up to date with what is happening with your
Double Eagle home.
The goal for us on
the board and the renovation committee in 2006 is to gain agreement
from the owners on a major renovation for Double Eagle which will
include a new leak free roof and a hot tub that works. The goal for
2007 is to complete that renovation before ski season opens again.
Double Eagle is a
special place with a great community of owners. We will make every
effort to keep each of you aware, involved and (hopefully) fully
supportive of the renovation. We strive to achieve 19 /19 votes in
favor of the final plan.
Thank you for your support.
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