Elizabeth City Topics: Big Stillwaters Question
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Name:   roswellric The author of this post is registered as a member - Email Member
Subject:   Big Stillwaters Question
Date:   7/17/2006 10:59:49 AM

this is a different but related question: Do you get a balance sheet on the association to see its financial health?

I can sure see some liability building for roads and infrastructure. There's definately some deferred maintenance as well. I assume the association owns the roads??? Water??/ Sewer??? Lighting?? Stormwater drainage and retainage????

Are there any reserves built up to make major repairs to all this infrastructure?

If I were to buy property in Stillwaters wouldn't I also be buying a piece of any deferred mantenance not funded by the reserves?
Other messages in this thread:View Entire Thread
Stillwaters Question - Aquaholic - 7/13/2006 10:41:11 PM
     Stillwaters Question - BhamGirl - 7/14/2006 9:04:59 AM
          Big Stillwaters Question - roswellric - 7/17/2006 10:59:49 AM
     Stillwaters Question - laidback - 7/14/2006 9:39:22 AM
     Stillwaters Question - Tallyman - 7/14/2006 4:32:10 PM



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