A BIG CHUNK = AN OBSERVER
Fellow “Del Webb Reno” Owners:
I know a lot of you are unhappy that $15.00 of your monthly assessment paid to the Somersett Owners Association (SOA) of which you are a member is diverted to the private Somersett Golf and Country Club (SGCC) of which you may or may not be a member. I understand SGCC currently has 132 equity members.
Sierra Canyon’s 854 unit owners pay monthly assessments to Somersett. Before long there will be an additional 375 owners as Sierra Canyon II comes on stream.
Now: $15 x 854 x 12 = $153,720 per year
Potential: $15 x 1,229 x 12 = $221,220 per year
Developer Pulte may build a total of 1,460 units which would equal $262,800 per year going to SGCC.
That’s a big chunk of change to send away from home for any cause!
Did you vote for this? What if your monthly assessment went down $15/month??? Are you a Club member? How many people in America would vote to support a private club they don’t belong to?
Did you know the SOA/SGCC Agreement gives SOA the “right to designate up to two (2) individuals who will be entitled to observe any and all meetings of the Board of Directors of SGCC.”
Do you know that the current two observers are also directors of the Somersett Owners Association? How independent are they? Have you ever received any reports from them about what is going on with your money?
It should be noted that currently there are 2,446 assessment paying units for with a total of $404,280 going to SGCC. The Sierra Canyon $153,720 makes up 38% of the total SGCC receives. Has the time come for one of the observers to be a Sierra Canyon/Sierra Canyon II (Del Webb Reno) owner?
If you would like to be one of the observers, please contact the SOA board members by sending them an email ℅ Melissa Ramsey, Community Manager for Somersett at firstname.lastname@example.org asking that an appointment be made and that you would like to be considered.
Joe Bower, Owner Sierra Canyon and Member Somersett Owners Association