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L E G A C Y R E S I D E N T S A S S O C I A T I O N A N N U A L G - PowerPoint PPT Presentation

Sep 21, 2023 •12 likes •412 views

L E G A C Y R E S I D E N T S A S S O C I A T I O N A N N U A L G E N E R A L M E E T I N G WELCOME The Legacy Residents Association was created for the homeowners of Legacy, with the intent of augmenting the lifestyle in Legacy. The goal

  1. L E G A C Y R E S I D E N T S A S S O C I A T I O N A N N U A L G E N E R A L M E E T I N G

  2. WELCOME The Legacy Residents Association was created for the homeowners of Legacy, with the intent of augmenting the lifestyle in Legacy. The goal is to create a home base for living rather than only owning a home, through creating an attractive atmosphere and increasing the community interaction.

  3. WHAT IS THE RESIDENTS ASSOCATION?

  4. A RESIDENTS ASSOCIATION CREATES A SENSE OF COMMUNITY AND OPPORTUNITIES TO COME TOGETHER AND MAINTAIN THE COMMUNITY THE LEGACY RESIDENTS ASSOCIATION IS AN AUDITED NON- PROFIT ORGANIZATION

  5. A RESIDENTS ASSOCIATION HANDLES THE ENHANCED MAINTENANCE OF COMMUNITY AMENITIES HOLDING THE COMMUNITY TO A HIGHER STANDARD A COMMUNITY ASSOCIATION’S PURPOSE IS TO GIVE A COMMUNITY A VOICE AND IS OPEN AND VOLUNTARY TO ANYONE

  6. WHO IS A MEMBER? Every Legacy Resident is part of the Residents Association and each household has one vote for any issue put forward at the Legacy Residents Association Annual Meeting This includes all homes in Legacy including single family and multifamily homes

  7. BOARD OF DIRECTORS The Volunteer Board will have between 5 These positions are decided by way of and 7 members nominations, two Residents are needed to Join the Board Currently the board is made up of As more and more of Legacy is built the Board of Directors will be transitioned Bravin Goldade into more resident seats. Duncan Smaill Jared Goldade West Pine Creek Developments reserves the ______________ right to appoint a certain number of ______________ Directors to the Residents Association, based on the remaining inventory.

  8. HOW DO I JOIN? • This volunteer role entails a two year minimum term • Attending Board of Director’s meetings every quarter and the AGM • Voting on overall decisions for the Legacy Residents Association with the community in mind • Nominations - If you are interested please submit your resume and cover letter to info@legacyresdients.ca • Elections - If there is a large number of applicants, then the top 10 applicants as decided by the existing Board of Directors will be posted on legacyresidents.ca for a vote.

  9. WEST PINE CREEK DEVELOPMENTS Currently West Pine Creek Developments will contribute the resources and facilitation/ planning for any organization of community activities and facilitated land maintenance for the Residents Association after the FAC is completed. In the future a staff member may potentially be hired by the Legacy Residents Association to manage it’s day to day operations through the decision of the Board of Directors

  10. LEGACY RESIDENTS ASSOCIATION CURRENT OBLIGATIONS • FOUR ENTRY FEATURES - OWNED BY THE RESIDENTS ASSOCIATION • UPKEEP AND ENHANCED MAINTENANCE OF CERTAIN LANDSCAPING FEATURES • MAINTENANCE OF THE FOUNTAINS IN THE STORM PONDS • CHRISTMAS LIGHT DISPLAY

  11. COMMUNITY GARDEN

  12. COMMUNITY GARDEN • The community garden will be available to all of the families of Legacy. The community garden will rented as individual plots to residents. The Garden will be managed by the Residents Association. • The funding for building this Garden will be completed by the developer as promised and the ongoing maintenance to the garden will be paid for via the plot rental rates. • Installation date? • The community garden will be installed as part of the 2017 development program, the timing is so we coincide with a growing season and have all approvals in place with the City.

  13. COMMUNITY GARDEN Plots will be available for a single year with the chance to renew one additional year After this, your plot will be filled by the next person on the waiting list in order to ensure that the entire community may enjoy the Garden If you are interested in having a plot please visit the Legacy Residents Association Website in January 2017 for more details of how to join

  14. Y COMMUNITY SITE LOCATION C A G E

  15. COMMUNITY SITE Within Legacy, a 4 acre site has been dedicated for a future community association. This site is dedicated as City of Calgary park space This site is available to a future community association through the City of Calgary

  16. COMMUNITY AMENITIES The Residents Association with the developer is exploring mechanisms for the establishment of potential future amenities within this site Prior to construction of any future amenities, the Residents Association would consult it’s members on what those amenities would be i.e. Tennis Courts, Hockey Rinks etc. Unfortunately more information is not available at this time however will be distributed as it comes available.

  17. CITY HANDOVER

  18. WHAT IS AN FAC? • A Final Acceptance Certificate (FAC) is granted by the city of Calgary after the developers maintenance responsibilities have been met. • What does this mean for Legacy? • On a phase by phase basis the maintenance responsibility will be handed over to the City of Calgary • The Residents Association may decide to assume the increased maintenance over and above the City at that point

  19. WHAT IS THE CITY’S ROLE? • The City of Calgary is responsible for a variety of maintenance activities including: • Maintenance of light standards, including bulb replacement • Street snow removal • Parking enforcement • Broken or distressed trees on boulevards • Parking of recreational vehicle concerns • All traffic signals and signage • Sidewalk and roadway repairs • Maintenance of green space within the community

  20. ENHANCED MAINTENANCE FEATURES

  21. ENHANCED FEATURES AND LANDSCAPING

  22. ENHANCED FEATURES AND LANDSCAPING

  23. ENHANCED FEATURES AND LANDSCAPING

  24. ENHANCED FEATURES AND LANDSCAPING

  25. ENHANCED FEATURES AND LANDSCAPING

  26. ENHANCED FEATURES AND LANDSCAPING

  27. ENHANCED FEATURES AND LANDSCAPING

  28. FEE INFORMATION

  29. FEE REVIEW PER MONTH SINGLE FAMILY - $5 MULTI FAMILY $3

  30. FEE INFORMATION Fees are due on an annual basis, June 1st each year You will receive mailed notice thirty days prior to payment each year. In addition, fourteen days prior to payment you will receive an email reminder through the Legacy newsletter If fees are not paid you will be charged interest. For any delinquent accounts you will be subject to interest and an encumbrance on your title

  31. WHAT DO MY FEES GET ME IN 2016/2017? Operation and maintenance of certain recreation facilities and amenities within Legacy (Entry Features, Traffic Circles, Fountains and Enhanced Landscaping) Christmas Lights Skating Rink Maintenance Maintenance of Community Garden

  32. THE FUTURE? Potential Options for the future Community Newsletters Movies in the Park Stampede Breakfasts Programming and Lessons Potential building/ maintenance of a Community Centre and Amenity

  33. 2016/2017 LEGACY RESIDENTS ASSOCIATION BUDGET Expenses Year Landscape and Operating Costs Electricity (Includes Fountains, Pumphouse & Christmas Lights) $30,000 Phase 1 Enhanced Maintenance $30,000 Phase 2 Enhanced Maintenance $20,000 Phase 3 Enhanced Maintenance $ - Subtotal $ 80,000 Repairs & Maintenance Reserve Fund $11,000 Events Community Event $10,000 Christmas Lights & Winter Event $40,000 Temporary Outdoor Rink Maintenance $30,000 Subtotal $80,000 General & Administrative $57,000 Total Cost $ 228,500 Revenue Single Family Residents Contribution (957 x $5) $57,420 Multi Family Residents Contribution (238 x $3) $ 8568 Total Residents Contribution $65,988 West Pine Creek Developments Contribution $162,512 Total Revenue $ 228,500 Net Income/ Reserve Fund Contribution -

  34. Y SHORT TERM RESPONSIBILITIES C A WESTCREEK DEVELOPMENTS LEGACY RESIDENTS ASSOCIATION G CITY OF CALGARY E

  35. LONG TERM RESPONSIBILITIES LEGACY RESIDENTS ASSOCIATION CITY OF CALGARY

  36. ARE MY FEES GOING TO CHANGE? With the increase of residents through build out we have attached a proposed a budget that makes it that fees can stay at the current rate Fee Rates are Your Decision • The Residents Association is operated by the residents, the organization has the ability to decide what the rates are and what they would like to spend it

  37. BUILDOUT LEGACY RESIDENTS ASSOCIATION BUDGET Expenses Year Landscape and Operating Costs Electricity (Includes Fountains, Pumphouse & Christmas Lights) $30,000 Phase 1 Enhanced Maintenance $30,000 Phase 2 Enhanced Maintenance $20,000 Phase Remainder Enhanced Maintenance $ 70,000 Subtotal $ 150,000 Repairs & Maintenance Reserve Fund $11,000 Events 5 Community Events $50,000 Christmas Lights & Winter Event $40,000 Temporary Outdoor Rink Maintenance $24,000 Subtotal $114,000 General & Administrative including Staff Member and reserve Fund $82,346 Total Cost $ 352,500 Revenue Community Garden Revenue (58 Plots) $2,146 Single Family Residents Contribution (4000 x $5) $240,000 Multi Family Residents Contribution (3200 x $3) $ 115,200 Total Residents Contribution $355,200 Total Revenue $ 357,346 Net Income/ Reserve Fund Contribution $ -

  38. THE FUTURE

  39. QUESTION AND ANSWER PERIOD

  40. CONTACT US www.legacyresidents.ca

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