Island Gate Pool Opening a week earlier this summer or only 114 days to the pool opens

We all know that we are in the winter doldrums, the holidays over and we are two months from spring.  But here is something to look forward to; The Board of Trustees at Island Gate is looking to open the pool a weekend earlier this summer.  Instead of Memorial Day weekend we are shooting for the weekend before, which is Saturday May 18^th. 

There are many reasons why we are looking to do this; because late May can be a beautiful time of year and a great time to swim or get an early start on your summer tan, plus the pool is heated so if it’s not really summer you can still take a dip. Given that, are only 114 days until the pool opens.

Since the pool will be opened before you know it we are starting the process of getting the pool plan for the coming year in place.
 
First we are looking for pool committee volunteers  2011 was such a success we want to build on what we accomplished and make the pool better than ever.  It’s not hard work but a great way to get to know the neighbors and spend time at the pool. 

Second how about suggestions to make the pool and pool area better, your thoughts are always appreciated.  Over the next month or two the board will finalize rules, hours, contracts etc. for the pool this year.  If you have any thoughts speak now or it will be more difficult to get changes made after we make decisions. So don’t be afraid. 

I know it sounds premature but we are looking forward to another great pool season at Island Gate and your participation will be a crucial part to that success.    

Island Gate flexes its financial muscles

There was an open board meeting held on Jan 20th and the discussion focused on the budget.  In addition to the budget we discussed the amount of money the association had accumulated for reserves (funds for major repairs like, siding and roofs etc.).  As of November 30, 2011 Island Gate has about $310,000 in FDIC insured institutions being safely held for a rainy day.  And even though interest rates are at record lows over $200,000 is invested in CD's with rates in excess of 2.5%.    

During 2011 we reached our goal and saved $48,000 for long term maintenance and $12,500 for short term needs.  In 2012 the board has decided to be even more aggressive and try to put away $60,000 for long term and $20,000 for short term needs.  Unforeseen items such as building repairs and pool issues will determine if we make those goals but we will keep you informed how we are doing during the year. 

As always your thoughts and comment are appreciated