Lakefront property owners only: Managing lake levels and water quality continues to require effort and cost but, to date, the 2024 dues ($900 per lot) have covered expenses plus added slightly to the reserve. Intended to pay for future well and pump repairs, it is approximately $20,000.
What would this proposal mean for each lot owner? A one-time increase in dues to the $1100 to $1200, range (from $900) depending on the firm quotes.
In order to move forward, 2/3s of lot owners must agree to the 2025 expenditures and the adjustment of dues to the required level each year after that - as determined by the board.
Please send any questions via email to QuailRidgeLakes@gmail.com and, lacking any please send your vote in favor or against as soon as practical.
Thank you.