RESERVE AT WATERFORD - GENERAL INFORMATION
The Executive Board of the Reserve at Waterford POA conducts an "open" meeting monthly on the third Tuesday of the month in the card room at the Waterford Clubhouse. Following the open session, the Board meet in "executive" session to review confidential and sensitive issues to protect the privacy of POA members. The Agenda for these meetings are posted via the Water~Lines e-newsletter. Meeting Minutes are posted to the website after being approved by the Board at the next scheduled meeting.
The amount of dues is set by the Board of Directors each year, upon approval of the Annual Budget. The Reserve POA Budget for 2023 totals $652,308.00. All Reserve POA members/owners pay dues on a quarterly basis. The due dates are: January 1st, April 1st, July 1st,and October 1st.
Because of different amenities, the Townhome owners pay a greater amount than Patio Home owners.
The breakdown of dues follows:
Townhomes = $1,077.00 per quarter
Patio Homes = $387.00 per quarter