Woodland shore home Owners Association

Possible Sale of the Park

12 May 2021 5:33 AM | President WLSHA (Administrator)

At the fall meeting of the Woodland Lake Homeowners Association in 2019, the members authorized the Board of Directors to take the necessary actions to sell the “community” lot. The reason to sell the lot is to use the sale proceeds to pave our road. The money from the sale would ONLY BE USED TO PAVE  UP TO THE END OF THE ASSOCIATION road by the apartments, including Carols Drive.

It has been determined during a preliminary meeting with the township that the community lot could be rezoned and then sold.

In order to rezone the lot all owners in WLSHA No.1 need to approve the rezoning.  We will be discussing this at our June 5th Meeting.

A list of Q&A is below. If your question is not covered on the list please contact Anna Chatten via email. presidentwlsha@gmail.com

Each owner in WLSHA #1 will be mailed, emailed or delivered a form to sign to approve the rezoning and sale of the community lot.

Following the approval of owners, the rezoning process will be initiated. There is a possibility that the community lot could be divided into two lots.  The WLSHA board and some volunteers will prepare a process to be followed to:

  • 1.      Obtain the required government approvals
  • 2.      Send notices to all WLSHA members.
  • 3.      Obtain competitive bids for the property.
  • 4.      Obtain a certified appraisal.
  • 5.      Obtain a licensed survey of the property.
  • 6.      Obtain the required signatures of approval from WLSHA owners.
  • 7.      Obtain a real estate firm to list the property.

QUESTIONS and  ANSWERS.

Will Association members be given preference to purchase a lot?  NO, in fairness to all members, the Association must accept the highest sale price.

Will Carols Drive be paved/ YES.

What will happen to left over funds?  Until all paving is complete and all bills are paid nobody knows how much money will be left if any.

Will the Road Fund assessment be eliminated?  YES


Comments

  • 24 May 2021 7:30 PM | Kenneth Szkrybalo
    Are we just repaving. Just putting another layer of asphalt on top of the existing pavement? Or removing the entire road and replacing it?
    Link  •  Reply
    • 1 Jun 2021 12:04 PM | Michael Urbats
      Probably something that will be covered on Sat at the meeting.
      Link  •  Reply
  • 1 Jun 2021 9:34 PM | Gary Sr & Margaret Mitter
    Why would the road fund be eliminated? There will always be times you will need money to fix something on the road.
    Link  •  Reply
  • 7 Jul 2021 9:47 AM | Dean & Cheryl Guard
    Will the project include resurfacing Point Drive? The cracks are quite large now.
    Link  •  Reply
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