“Since 1988, developers have had an option to have either the HOA or the county be responsible for the storm sewer system outside the right-of-way, including the man-made features such as ditches, storm sewer pipe, catch basins and concrete headwalls,” Wilkens said.
To cover the county’s maintenance costs, 68 property owners will be assessed $105.62 annually for the next six years to build up a maintenance fund, according to Wilkens.
The total cost of the drainage system is listed at $215,668 and the maintenance fund is capped at 20 percent of the system’s value.
Once the reserve fund reaches $43,133 in six years, the assessments will stop. It will resume when the fund needs replenished, according to Addison.
The Woodmoor Terrace HOA is the first in the county to approve such an agreement through a petition process, according to Wilkens.
The process, which was designed for rural areas, was attempted by another HOA but was not successful, he said.
Addison, who has lived in the subdivision for the past 24 years, said he felt very optimistic as the commissioners appeared to receive the report, information and comments well.
“I’m hopeful we’ll get a favorable decision from the commissioners,” he said.
Bruno, who was one of the first residents in the subdivision, agreed, saying this option is “a wonderful thing. It allows us to manage the HOA’s liabilities much better.”