River Place HOA supports establishment of Limited District following annexation to the City of Austin By Deborah Goonan, Independent American Communities Austin’s recent annexation of the River Place subdivision has temporarily shifted certain maintenance responsibilities from a Municipal Utility District (MUD) to a Limited Improvement District (LD). In River Place, the HOA and LD serve different functions, as explained here. In short, the LD provides maintenance of recreational areas and facilities and waste removal. Continue ReadingWill homeowners support a new special tax district?
By Deborah Goonan, Independent American Communities Slowly but surely, homeowners’ associations are beginning shift costs and liabilities for assets and amenities back to public entities, including special tax districts. Today, let’s look at two examples of Recreation Districts (also known as Park Districts) as an alternative to HOA maintenance of amenities. City commission votes in favor of parks and trails special district Posted: Feb 27, 2018 8:43 PM EST Updated: Feb 27, 2018 8:43 PM Continue ReadingRecreation districts as an alternative to HOAs
By Deborah Goonan, Independent American Communities As common interest developments with Association Governance continue to mature, homeowners are beginning to see amenities such as ponds and lakes as financial liabilities. A New Jersey homeowners’ association is tired of maintaining the dam on their shallow pond. They are tired of paying a fortune for liability insurance for what is essentially an unusable piece of land. So they have stopped paying taxes on three parcels that Continue ReadingHOA wants Borough to take pond off its hands