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Lake James Property Owners Association, Inc.Roscommon County, Michigan |
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Lake James Newsletter THE PRESIDENTS VIEW: Lake James is experiencing a very unusual spring to summer season this year. I’m not sure whether to put on a fall coat or shorts. But no matter what the weather one thing is for sure-- the boats and pwcs are starting to appear on the water. Just remember your fellow boaters out there on the water and be mindful of your actions. The primary purpose of this newsletter is to provide to you the criteria for the annual meeting to be held on August 23rd with sufficient time for you to read the material and return the two proxies in the enclosed self-addressed envelope no later than August 4, 2008. By the time you have read this newsletter many of you will have attended the special meeting that was held on June 7th in which the past, current and future financial status of the Lake was presented. Enclosed in this package are copies of all material presented at the June 7th meeting. It is very important that you read and understand the material contained in this envelope. Also, we encourage you to talk with other owners in the Association about the issues currently confronting our lake. A Special Annual Meeting has been scheduled on August 23rd. at the H.L. Senior Center (behind the Pines Theater) at 10:00 A.M. to review the enclosed financial data and vote on what YOU believe is best for the lake and it’s future. Your Board has spent considerable time over the past several months looking at the financials and exploring numerous ways to resolve our “financial crisis”. We have talked with many of you about your concerns and thoughts on this issue along with other matters concerning the lake. I also held a two-hour meeting with nine of the past presidents to get their feedback about current lake conditions (note--minutes of this meeting are on the website). Some of the options we have looked at include amending the by-laws so that dues can be increased above the current ceiling of $60.00 per year, do another special assessment, do both an increase in dues and special assessment, eliminate the dam and fish funds, as well as going away from the current process of owners paying the same dues/special assessment rate and have a different rate for those on and off the water. After all the meetings and discussions the Board has settled on one recommendation that is spelled out in one of the two proxies contained in the enclosed material. Remember this is not just a Board decision! It is a decision that the entire Association needs to make. The lake is in all of our hands. As an added note, Lake James is forever moving forward and needs your help to do so. There will be three Board openings this coming year so if you are interested, please submit your name(s) when you return your proxies. Please note that write-in’s are always welcome, but please confirm with your write-in that they will accept your nomination. We all have an investment in Lake James so why not take some time to become a Board member and help to improve this lake. Serving on the Board is an interesting time and gives you a view of lake living that you may not have realized before. If you are interested in an opportunity to become a member of the Board, please contact me or any other Board member prior to the normal Board meeting held on the third Saturday of July. Again Lake James and its surrounding community is the responsibility of all of us and not just a few. The 3rd annual boat parade is scheduled for July 5th. We’ll meet as before at the dam area and motor around the lake for an hour or two. Again the theme is open to your craziest ideas; this is just a fun event for the kid hidden in us all. Tim Hughes 2008 Aquatic Nuisance Update: Dam Update: Fish Planting: Lake James Logo Items: Enjoy the Summer Season and See you on the Lake Revised Monday August 18, 2008 2:47 PM |
Lake James Property Owners Association, Inc. | All Rights Reserved | P.O. Box 496 | Prudenville, MI 48651