The primary responsibility of the Master Board of Directors is to manage and maintain the property owned by the Master Association. This includes the responsibility to keep the property in a state of good condition and to repair or replace the property as necessary.

The infrastructure of the Master Association now ranges from ten to 25 years old depending on its original creation date. Due mostly to age much of the present infrastructure requires attention now or will very soon. Weather and abuse contribute to this need for attention.

Money becomes a critical factor. The Board has the power to assess owners for necessary funds and these funds are included in the owner's quarterly maintenance. A bank loan is also available if immediate cash is needed. Should the Board budget an inadequate amount, the property will continue to deteriorate and unit values go down. However, if the Board budgets too much funding, maintenance can become too costly and unit values go down.

To meet this dilemma the Board is just now embarking on a "Five Year Plan". The Board will prepare a schedule of every anticipated repair (or replacement) over the next five years and build in the unanticipated such as hurricanes.

First the needed actions will be listed, a cost will be solicited from the marketplace, and the necessary timing will be determined such as next year, 3 years or when?  The Board hopes to create a five year budget that will fit the financial needs and limitations. Disagreements and multiple options will be discussed in open meetings. Owner's input is always solicited.

 The Board asks only that you address your suggestions to the Board in writing.