October 25th BOD Meeting

The Somersett Owners Association (SOA) Board of Directors (BOD) open meeting is scheduled for Wednesday, October 25th at 5:30 PM in the Canyon View Room at The Club at Town Center (TCTC). The BOD meeting agenda may be accessed by clicking the following link:

October 25th BOD Meeting Agenda

Given that the Board Meeting Packet for the October 25th meeting is not yet available on the Association website, details associated with the agenda items cannot be commented on at this time.

Of particular interest, due to their financial impact, are updates on the Hillside/Rock Wall Repairs and TCTC Pool Redesign projects. Exactly how the $2.4M for Hillside/Rockwall repairs will be funded and budgeted has not yet been disclosed, and whereas the Pool Redesign effort was budgeted for 2017, finding a contractor has been problematic. Perhaps the agenda items on these topics will provide some closure.

The 2018 SOA Budget for the three cost centers (Common Area, TCTC and Gates) are also on the agenda for discussion.

Note:  For readers who may not be on the SOA’s email distribution list, please be advised that prior to the BOD Meeting, there will be a 2018 Budget Presentation for Homeowners on Monday, October 23rd at 5:30 PM at TCTC. 

It is not known if there will be any forthcoming recommendations from the various SOA Committees.

Note: There are two openings on both the Finance and Communication Committees for those wishing to serve.

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