Wednesday, January 12, 2011

Info For Annual Meeting 1/26/11



The annual meeting of the Riverbend Plantation Maintenance and Improvement Association will be held on the following date:

Wednesday, January 26, 2011
Waterford South Golf Club
6:00 PM Social
6:30 PM Meeting
7:30 PM Adjourn

Please plan to attend this meeting to discuss the business of your homeowners association. Nominations will be accepted for two members of the five member RPMIA, Inc. Board of Directors. This Board will conduct the business of the Association. Brandan Brown (Seat One) and Brad Schlenker (Seat Two) have both agreed to be nominated for re-election to The RPMIA, Inc. Board of Directors. Additional nominations may be made prior to the Association’s general membership meeting and should be submitted on the attached form no later than Monday, January 24, 2011. This year we will be electing an “Alternate Board Member”. The Alternate will serve in the place of any Board Member unable to fulfill his/her term. Please designate “Seat One”, “Seat Two”, or “Alternate” for any nominations.

2010 was an exciting year for Riverbend Plantation! In spite of the challenges facing the residential real estate market, we were able to add 22 new homeowners to our community. The partnership between the Association (RPMIA, Inc.) and the Development Company (RPD, Inc.) allowed us to continue to provide superior maintenance to our entrance, amenity, and common areas throughout Riverbend Plantation. The Development Company’s intense inventory control and commitment to quality builders has enabled Riverbend to be one of the few subdivisions in Middle Georgia with stable home values. This superior maintenance of all privately owned property and community common areas coupled with price stability within our development protects each and every homeowner’s investment in Riverbend Plantation!

The Clubhouse has proven to be a focal point for social activity within Riverbend Plantation. In 2010, the facility played host to numerous private functions, and several RPMIA, Inc. sponsored events including the annual Easter Egg Hunt, Summer Luau, Evening with Santa, and Ladies Gift Swap events. Daily use of the pool and playground areas continue to be value-added to the quality of life of all Riverbend Plantation residents.

With the help of RP homeowners Kris and Sharon Rodriguez we were able to maintain an association blog. This blog has been used to keep RP homeowners informed of the many happenings around the subdivision. If you have not signed up for the blog already, please sign up at: http://riverbendplantation.blogspot.com.

All in all, it has been a very busy and a very good year. Thanks go out to the many RP homeowner volunteers who have contributed their time and energy for the benefit of our community!

While Riverbend Plantation has enjoyed many successes, we are not without challenges and opportunities. The Riverbend Plantation Development Group, (RPD, Inc.) is entering its eighth year of ownership of our development. RPD, Inc. has generously funded as much as 100% of the RPMIA, Inc. operational budget (in years 2004 and 2005), and most recently funded 63% of the 2010 budget while owning only 10% of the developed lots in the subdivision. The original sales projections estimated that entering calendar year 2011 Riverbend Plantation would have between 250 and 300 residents in the subdivision. Currently, we have 169.

Looking to the future, the Association and the Development Group share many common beliefs:

1) That superior maintenance of all private property and community common areas is critical in protecting each and every homeowner’s investment in Riverbend Plantation.

2) That in spite of the current economic challenges, the quality of our development will continue to allow for sales activity adding new residents to our community each year.

3) That it is important to maintain a cap of $125. per homeowner in annual dues.

4) That it is important for the Association and the Development Group to more equitably share the operating costs of maintaining the development.

At the 2010 RPMIA, Inc. Annual Meeting, the general membership unanimously approved the transfer of the street light expense from the Association’s budget to each individual lot owner’s monthly power bill. This transfer would allow the Association to maintain its annual dues assessment at $125 per homeowner. In order to complete this process, Flint Energies requires 100% participation from each lot owner in the subdivision. Regretfully, as of today’s date, we have 196 of 204 lot owners agreeable to the transfer. (please see attached flyer for more detail).

Since every lot owner has not chosen to participate in this transfer, the RPMIA, Inc. Board will be forced to increase its annual dues assessment to pay for the street light expense. The Board is recommending that the 2011 dues assessment be levied at $185. per homeowner. In comparison to other subdivisions throughout Houston County, the Board is certain that this annual dues rate continues to provide significant value to each and every homeowner in Riverbend Plantation (see attached comparison). The general membership will have the opportunity to vote on the 2011 budget and dues assessment at the January 26th meeting.

If you plan to attend the meeting, please bring the attached information sheet with you to the meeting. If you do not plan to attend the meeting, please return the attached information sheet and signed proxy to: RPMIA Inc., 309 Margie Drive, Warner Robins, GA 31088, no later than Monday, January 24, 2011. If you do not plan to attend the meeting, the Board recommends that you designate “Riverbend Board” as your proxy, or, you may designate another RP homeowner attending the meeting to act as your proxy. We must have a majority of homeowners either attend the meeting or vote by proxy in order to conduct the business of the Association.

Invoices for the 2011 annual dues assessment will be mailed February 1st. Payments will be due no later than February 28th to avoid a late charge.

Please telephone the office at 478-971-2600 if you have any questions regarding the Association meeting.


Minutes, meeting agenda, and budget available online at http://riverbendplantation.blogspot.com
2011



Legal name of property owner __________________________________

Name of residents (if different) __________________________________

Street address ________________________________________________

Telephone number (optional) ___________________________________

E-mail address (optional) _______________________________________




I would like to make the following nomination to the Riverbend Plantation Maintenance and Improvement Association Board of Directors: ______________________________.

This nomination is for (please circle one) “seat one”, “seat two”, “alternate”.

I would like to designate _______________________ to serve as my proxy at the 2010 Riverbend Plantation Maintenance and Improvement Association meeting.


Signature of property owner _____________________________.


If you do not plan to attend the meeting, please return the attached information sheet and signed proxy to:

RPMIA, INC.
309 MARGIE DRIVE
WARNER ROBINS, GA 31088




Budget



HOA Comparison