MichaelG18 (Washington)
Posts: 9
Posts: 9
Posted:
Hi folks,
I am a BOD member of a 300 person HOA in WA. Our community was originally planned as a roughly 600 home community, however the builder got into financial difficulties and ended up splitting into two developments, creating two separate HOAs that neighbor each other. The builder also put in place a Cost Sharing agreement to cover shared costs associated with maintenance of things like the community parks (both neighborhoods have rights to use), landscaping along the main entryway/streets, etc.
I'm wondering how common this is, and specifically looking to find out how other associations cover sharing costs for things like beautification of an entryway into the association(s), off of a main street/highway. In our case, the main entryway itself comes directly into the first neighborhood (my association) and the main street continues up and through our neighborhood up into the other neighborhood. There is no access to the upper neighborhood without going through ours. Regarding sharing of costs for maintenance of this entryway and landscaping along this main street, our contention is that both neighboorhoods benefit from this and should share the cost. Our neighboring association disagrees and contends that we benefit from this as it is "our" entryway, whereas they only pass through it, and must pass through it, to get to theirs. They view being required to pay for maintenance of this as a sort of "toll".
Has anyone an idea of whether there is any generally held practice in this kind of situation,or is it all over the map as to how these are treated?
For the record, I hate the cost sharing agreement as written, it was poorly constructed and makes administration very difficult, and we have been in the midst of a dispute over what should be covered and not, for the past several years. I'm trying to reach a mutually beneficial settlement of the dispute, and want to be fair and open minded. I just don't know how common the practice is, and if there are any clear cut "usually done" ways this is handled.
I am a BOD member of a 300 person HOA in WA. Our community was originally planned as a roughly 600 home community, however the builder got into financial difficulties and ended up splitting into two developments, creating two separate HOAs that neighbor each other. The builder also put in place a Cost Sharing agreement to cover shared costs associated with maintenance of things like the community parks (both neighborhoods have rights to use), landscaping along the main entryway/streets, etc.
I'm wondering how common this is, and specifically looking to find out how other associations cover sharing costs for things like beautification of an entryway into the association(s), off of a main street/highway. In our case, the main entryway itself comes directly into the first neighborhood (my association) and the main street continues up and through our neighborhood up into the other neighborhood. There is no access to the upper neighborhood without going through ours. Regarding sharing of costs for maintenance of this entryway and landscaping along this main street, our contention is that both neighboorhoods benefit from this and should share the cost. Our neighboring association disagrees and contends that we benefit from this as it is "our" entryway, whereas they only pass through it, and must pass through it, to get to theirs. They view being required to pay for maintenance of this as a sort of "toll".
Has anyone an idea of whether there is any generally held practice in this kind of situation,or is it all over the map as to how these are treated?
For the record, I hate the cost sharing agreement as written, it was poorly constructed and makes administration very difficult, and we have been in the midst of a dispute over what should be covered and not, for the past several years. I'm trying to reach a mutually beneficial settlement of the dispute, and want to be fair and open minded. I just don't know how common the practice is, and if there are any clear cut "usually done" ways this is handled.