HolgerF (Georgia)
Posts: 1
Posts: 1
Posted:
Our neighborhood in Walton County, GA has a pool, a clubhouse and a playground that is supported through the yearly HOA fee and the seasonal pool fee.
The HOA fee per year is $ 50 but it is unfortunately not mandatory and the cost to join the pool per season is $ 350. In 2018 we had only 29 neighbors from 250 that paid the $ 50 HOA fee and 29 families that joined the pool.
The collected funds are not sufficient for the upkeep of the pool, clubhouse and playground.
Due to the financial situation we have to close the pool and the club house end of August for good.
The question is what happens now to the pool and the clubhouse? What is the last step the existing members of the HOA have to do?
The covenants of the neighborhood are expired.
We appreciate any advice.
The HOA fee per year is $ 50 but it is unfortunately not mandatory and the cost to join the pool per season is $ 350. In 2018 we had only 29 neighbors from 250 that paid the $ 50 HOA fee and 29 families that joined the pool.
The collected funds are not sufficient for the upkeep of the pool, clubhouse and playground.
Due to the financial situation we have to close the pool and the club house end of August for good.
The question is what happens now to the pool and the clubhouse? What is the last step the existing members of the HOA have to do?
The covenants of the neighborhood are expired.
We appreciate any advice.