Saturday, March 3, 2012
Starting at 7:00 PM
at the Basketball Court

The Board of Directors will be hosting our second monthly Fireside Chat on Saturday March 3, 2012. Last month was a great success and we encourage our home owners to attend.

Please provide your own seating. Feel free to bring along some marshmallows or similar fireside snacks. Children under 16 must be accompanied by an adult.

The distinction between a due date and a grace period has caused some confusion in past years, and promoted a false belief that assessments are due some mispercieved date between February 28 and April 1–depending on the resident involved. But the simple fact is that this year–like every year so far–the due date was set for January 1.  Quoting Article VI Section 2 of our covenants:

Any assessment not paid within thirty (30) days after the due date shall accrue an administrative late charge of $25.00 or ten (10%) percent of the amount due, whichever is greater, plus interest beginning thirty (30) days from the due date at the rate of eighteen (18%) percent per annum until paid.

With the due date of January 1, by order of our covenants, any homeowner who has not paid by January 31 is subject to a late fee and on that date the interest starts adding up.  By order of our covenants, the additional charges calculated by Space Coast Property Management are correct and by sending out the letter, they have acted correctly in their contractual obligation to the board.

Past BOD’s have been compassionate to the needs of the community and have voted to wave penalties for residents who get their payment in before an agreed upon day.  The current board also has that option, however at this point of time, no motion has been made, nor any votes counted on the matter.

Saturday, Februrary 4, 2012
Starting at 7:00 PM
at the Basketball Court

The Board of Directors will be hosting our second monthly Fireside Chat on Saturday February 4, 2012. Last month was a great success and we encourage our home owners to attend.

Please provide your own seating. Feel free to bring along some marshmallows or similar fireside snacks. Children under 16 must be accompanied by an adult.

For questions regarding other city services, be sure and visit thier website at http://www.melbourneflorida.org

The $250.00 Assessment for 2012 was due on January 1.  If you have not already mailed in your payment, you need to do so as soon as possible to prevent the need for further action.  Be reminded that any Assessment not paid within 30 days of the due date is subject to collection per the Enforcement Provisions found in Article VI, Section 2 of the Association Documents.

Reminder letters — and more drastic measures — divert Association funds from more positive uses.  If you’ve already sent in your assessment, our sincere thanks for your prompt action.  If not, you can mail your payment to:

Magnolia Lakes Development HOA
C/O Space Coast Property Management
645 Classic Court, Suite #104
Melbourne, FL 32940

Be sure and include your name and address on your check.

Saturday, January 7, 2012
Starting at 7:00 PM
at the Basketball Court

The Board of Directors will be hosting our first monthly Fireside Chat on Saturday January 7, 2012.  Bring your questions or comments to this informal gathering, or just come to socialize with your neighbors.

Please provide your own seating.  Feel free to bring along some marshmallows or similar fireside snacks.  Children under 16 must be accompanied by an adult.

In the event of rain, the chat will be moved to 1/14/2012.

Time to break out those recipes.

Charlotte Rose:  President
Steve Cotellesse:  Secretary & Treasurer
Nick Fiorello:  Director
Bill Cook: Director
Martin Cook: Director

This year, only 68 voters sent in ballots.  This was barely enough to establish the  quorum for the annual meeting.  Two or three more apathetic home owners–two or three fewer votes– and the board would have had to reschedule the meeting.  Notices, proxys and ballots would need to be reprinted and mailed to each property owner.

We need you all to get motivated and take a serious interest in the community.  The current board continues to serve–at least in part–because there is nobody else.  If we don’t keep the officers positions filled, the State will take over running Magnolia Lakes, and they will not do so for free.

We need volunteers for the Architectural Review Committee and the Fines and Appeals Committee.  So step up!