Welcome
to the Silverado Residents Association (SRA). By virtue of being a homeonwer in
Silverado, there is a legally binding encumbrance registered on your land title
and you are a member of the Silverado Residents Association. In order to ensure
the funds are available to provide these services, the encumbrance requires you
to pay an annual fee and is NOT optional. If the fee is not paid, we as a
community, will not have the funds to pay our bills.
What
do your Residents Association Fees pay for?
Snow Removal Contract
- Removal of snow from the SRA Pathways
Landscaping Contract
- Entrance Features
- SRA Planters
- Traffic Circles
- Removal of SRA
Garbage’s
- Grass Mowing
- Weed Control
Irrigation Contract
Management Contract
- Negotiating Contracts
- Assist in the annual
review of Insurance requirements
- Paying our bills,
taxes, water bill, etc.
- Attendance at Board
Meeting and Annual General Meetings
- Maintain legal filing
requirements
- Preparing Monthly
Financials
- Operating Fund
- Reserve Fund
- Professionally Manage
our money and property.
Once you have taken
ownership of your property from the Builder
the Residents Association Fees will be applied and be retro-active to your sale
date and you are responsible to ensure payment of the fees in a timely fashion
to avoid legal collection.
If you have taken ownership
from a resale, the Residents Associaiton Fees will be adjusted by your legal
counsel for the year. Please note that you are responsible to ensure the prior
fees have been paid otherwise they are transferred to you the new owner.
Thank you.
Siverado Residents
Association
* LETS JOIN AND FEEL SENSATION TO PLAY *
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