|
|
About us
Park Lane Townhomes were originally constructed in 1969 as apartments and converted to condominiums in 1979.
The Homeowners Association undertook a major project to install new roofs, fences, and gates in 2016 with a $3.3 million loan, whose repayment is included in the monthly assessment. This loan will not be fully repaid until 2035.
The cast iron sewer pipes that serve our community have outlived their typical 50-year life and are now being replaced. Sewer or water lines have been replaced for 8 of the 33 buildings on the property.
The Homeowners Association has not accumulated reserves sufficient to cover these infrastructure expenditures, requiring multiple special assessments. Although sewer and water lines are not being replaced until failure, it is likely that all buildings will require these updates in the near future.
Please review the Balance Sheet financial statement and Reserve Study documents presented on this site for further information.
The Homeowners Association undertook a major project to install new roofs, fences, and gates in 2016 with a $3.3 million loan, whose repayment is included in the monthly assessment. This loan will not be fully repaid until 2035.
The cast iron sewer pipes that serve our community have outlived their typical 50-year life and are now being replaced. Sewer or water lines have been replaced for 8 of the 33 buildings on the property.
The Homeowners Association has not accumulated reserves sufficient to cover these infrastructure expenditures, requiring multiple special assessments. Although sewer and water lines are not being replaced until failure, it is likely that all buildings will require these updates in the near future.
Please review the Balance Sheet financial statement and Reserve Study documents presented on this site for further information.
Pages
- Home
- New residents
- Traduce para mi
- Make a payment
- My Account
- See something? Say something!
- Maintenance
- Maintenance request
- Preferred maintenance vendors
- Monthly Maintenance Log
- Parking and towing
- Read me first
- Register your vehicle
- Tow list
- News
- Forum
- Calendar
- Community
- About us
- Area map
- Classifieds
- Colors
- Crime
- Mail and laundry
- Pool
- Property taxes
- Homestead exemption
- Assessment appeals
- Sales and rentals
- Current sales listings
- Rental fair market value
- Site map
- Surveys
- Web links
- Board of Directors
- Board members
- Committees
- Meeting minutes
- Governing documents
- Policies
- Rules and regulations
- Volations, appeals process, fines
- General
- Parking
- Rentals
- Bylaws
- Master Deed
- Finances
- Audit Reports
- Budget
- Financial reports
- 2022 Financial statemnts
- 2021 Financial statements
- 2020 Financial statements
- 2019 Financial statements
- 2018 Financial statements
- 2017 Financial statements
- 2024 Financial Package
- 2025 Financial Package
- 2026 Financial Statements
- Reserve Studies
- Contacts