SOA Amenities Assessment Report Presentation

Somersett United
Somersett United

A presentation by Hansford Economics & Freshtracks Consulting pertaining to the “Somersett Owners Association Amenities Assessment Report” will occur on Wednesday, July 22 at 5:30 PM in the Canyon View Room at The Club at Town Center

As background information, in September of 2014, the Somersett Owners Association (SOA) Board of Directors issued a $25K contract to Hansford Economic & Freshtracks Consulting for an “Amenities Assessment and Planning Process”.  The scope of work to be performed was summarized as follows: “Objectively analyze existing and potential demands on SOA amenities and provide recommendations for any changes to existing and planned facility offerings.  Design and facilitate a process to create a five year plan with short-term and long-term goals/projects.” This report was finalized in February 2015, and may be accessed by clicking on the following link: SOA Final Amenities Assessment Report

Note that this presentation will follow the Special Board Meeting on the Canyon Nine Pipeline Project (see previous post dated July 13th) to be held at 4:00 PM, same date, same place.

In response to a homeowner comment on the Canyon Nine Pipeline post inquiring, “Any thoughts of raising fees for course usage to cover the cost of course maintenance”, the following data derived from the SOA 2015 Budget is offered.

  • Annual operating expenses for Canyon Nine – $324K
  • Annual revenue realized from Canyon Nine – $41K
  • Monthly unit assessment to support Canyon Nine – $10

Given the above it is obvious that raising usage fees to cover a $283K deficit is not practical.  As with all Association amenities Canyon Nine is not self supporting and therefore reliant on homeowner assessments.

Homeowners are encouraged to attend both meetings to become informed on future planning for our community and to offer their comments, questions and/or concerns.

3 thoughts on “SOA Amenities Assessment Report Presentation

  1. Only the government would support something like this:

    • Annual operating expenses for Canyon Nine – $324K
    • Annual revenue realized from Canyon Nine – $41K

    Governments live to spend the other guy’s money for the benefit of the few.

    1. Stagecoach Driver – In all fairness, the Canyon Nine course was never meant to be self supporting via usage fees. It is an Association amenity built by the Developer for the benefit of Somersett residents, who pay a nominal usage fee. That is, $7 per adult and $5 for Juniors. Guests pay $10 per adult and $7 for Juniors. In an effort to offset operating costs the course is now open to non-residents at $10 per adult and $10 for Juniors.

      The above statement “built by the Developer” needs some clarification in that the Association still owes $2.5M on the original $3.5M loan from the Developer to the Association for the Canyon Nine amenity.

    2. Paying Canyon 9 round fees and loan are two things. The third is that a portion of the monthly dues paid by every owner also goes towards the landscaping and irrigating of Canyon 9. These three are paid for by every Somersett, The Vue, The Villages, and Sierra Canyon owner whether they use Canyon 9 or not.

      In the case of other existing or hoped for amenities Sierra Canyon assessment money paid to Somersett MUST NOT be used for any amenity (or anything related thereto) that cannot be used by Sierra Canyon owners and residents, e.g. facilities at TCTC or such things as Somersett classes and pot lucks.

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