6. The Process
You didn’t come this far to stop
ALIGMENT
Getting the Board In the same Direction
Consider the Approaches
Thinking Different
RESTORATION
FUNDING
Alignment: Develop board members, community members, and expert advisors who agree that the building envelope system needs to be replaced.
Restoration Approaches: Outline fiscally responsible restoration approaches that:
Meet the board’s fiduciary responsibility
Minimize financial impact on current and future owners
Increase property value
Consider phasing, elevation work, or larger-scale comprehensive restoration work
Funding Opportunities: Explore options such as bank financing, monthly assessments, and/or special assessments.
Communication: Establish a formal communication format and cadence with the community to ensure owners are informed and engaged.
Experience Says:
It is recommended that the Board make a field trip to Pointe Pacific, you have agreed to host you to see what they are doing and again answer any of the questions you may have. It's worth the time and effort.
Facilities Advisors
Capital Management and Reserve Studies
Jay grant
E: jgrant@facilitiesadvisors.com
206.260.0080
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M: 202.351.9399
This website is intended for Harbortown HOA Board members.