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Home » Announcements » Announcements CCHOA » Reminder to Vote by September 23rd - Blue Anchor Cay Benefitted Assessment

Announcements

Reminder to Vote by September 23rd - Blue Anchor Cay Benefitted Assessment


8/13/2021
     

Dear Blue Anchor Owners,

            This is a friendly reminder from your CCHOA Management Team and Blue Anchor Village Director to mail in or drop off your ballots for the Blue Anchor benefitted assessment that you received last month.  The deadline for receipt of the ballots is Thursday September 23rd at 2 p.m.

            A YES vote on the measure supports a one-time assessment of $245 for each Blue Anchor owner to pay for the Blue Anchor share of a Cays-wide seawall survey.  This would allow us to avoid borrowing funds from the CCHOA reserves and pay our share directly. 

A NO vote (or no vote at all) supports increasing our monthly assessment by $5.70.  This increase would be in place for approximately four years in order to pay back the loan from the CCHOA.  The total paid by each owner over that period will be slightly higher than $245 due to the interest charged on the loan (expected to be 3-4% per year).

The benefitted assessment rules require that two/thirds of all village owners vote in the affirmative in order to pass.  This means we need 97 YES votes to approve the one-time assessment.  The total ballots received as of this date is only 44.  So, if you support this proposal, please send your ballot in or deliver it to the CCHOA Office before the deadline.

The CCHOA Board of Directors is currently working with management to implement a communications plan for sharing the seawall survey information with all Cays owners. We expect the seawall survey results to be delivered to the CCHOA prior to the end of July.

Please contact CCHOA General Manager Henry Angelino
(
manager@cchoa.org) or Blue Anchor Village DirectorMark Crisson (dirblueanchor@cchoa.org) with any questions or concern.  Thank you.

Sincerely,

CCHOA Management