{"id":267,"date":"2013-01-10T17:52:35","date_gmt":"2013-01-10T22:52:35","guid":{"rendered":"http:\/\/www.georgetownshores.org\/private\/blog\/?p=267"},"modified":"2013-02-15T15:02:02","modified_gmt":"2013-02-15T20:02:02","slug":"gs-annual-meeting-feburary-16th-at-900-am","status":"publish","type":"post","link":"http:\/\/www.georgetownshores.org\/private\/blog\/?p=267","title":{"rendered":"GS Annual Meeting – February 16th at 9:00 am"},"content":{"rendered":"

East Georgetown Shores Lake Association<\/strong><\/p>\n

<\/strong><\/p>\n

P.O. Box 552, Hudsonville, MI 49426<\/span><\/strong><\/p>\n

From: <\/span>East Georgetown Shores Lake Association Advisory Committee<\/span><\/strong><\/p>\n

<\/strong><\/p>\n

To: <\/span>Residents of East Georgetown Shores<\/span><\/strong><\/p>\n

<\/strong><\/p>\n

Re: <\/span>Proposed Increase to Annual Assessments & Turn-Over Agreement<\/span><\/strong><\/p>\n

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\u00a0<\/p>\n

The need to increase the annual assessments for maintenance and improvements was brought up by the residents at our last annual meeting, where it was decided to take the issue under advisement and come back with a proposal based on a careful review of our circumstances.<\/p>\n

After careful consideration, it is the recommendation of the Georgetown Shores Advisory Committee to increase the annual assessment from $200 to $300 in order to more adequately cover our current budgetary needs and meet the expectations that our residents have for the operations and appearance of Georgetown Shores.<\/p>\n

The association has operated at barely breakeven for the past several years, spending the majority of the funds collected from annual assessments on maintenance of our lakes and common areas, while delivering just a few minor common area improvements along the way, such as the beach and boat launch area, as well as a much needed \u00a0aeration system for the small lake.\u00a0 Current financial statements and a proposed budget for 2013 are available for your review. (EGSLA-2010-2012-Financials-and-2013-Budget)<\/a> <\/strong>They continue to show how the level of maintenance and improvements to our common areas has been restricted, and in some cases delayed, by the lack of any extra funds.<\/p>\n

The treatment of algae and weeds in our lakes is our single largest expenditure.\u00a0 As it should be, water quality is our top priority.\u00a0 In 2010 and 2011, the cost for lake treatment consumed just under half of the total assessment collected.\u00a0\u00a0 In 2012, the water quality was significantly improved; however, that came with additional cost as the expenditure for the lake treatment rose to 67% of the total annual assessment collected.\u00a0 It is important to stay on top of the lake treatments and our water quality, or it will be even more expensive to play catch up again.<\/p>\n

It has also been mentioned that there are several maintenance issues that need to be addressed and long-term projects that need to be planned for.\u00a0 A few examples of these include:<\/p>\n