Stonebridge Neighborhood Improvement and Beautification District (SNIBD) presents A New Opportunity for the Residents of STONEBRIDGE
Presentation Outline • Overview of SNIBD • Objectives for the Plan • Overview of the Plan • Call to Action • Q&A & Comments
Overview of SNIBD • Stonebridge Neighborhood Improvement and Beautification District (SNIBD): – Created August 2016 by Jefferson Parish Council – Special taxing district of the Parish of Jefferson – A political subdivision of the State of Louisiana – HB 785 of Louisiana Legislature, 2016, R.S. 33:9099.3 – 6 board members elected October 2016 – 7 th board member is President of SPOA – SNIBD is separate and distinct from SPOA
SNIBD Commissioners • Mr. Ancil Taylor: Chairman • Mr. David Andignac: Vice Chairman/Treasurer • Dr. Timothy Scanlan: Secretary • Mr. Mike Teachworth • Mr. Bruce Layburn • Mr. Eric Jarrell, Esq. • Ms. Dawn Peterson: President SPOA Thankful to Jennifer Steele for volunteering as our P.I.O.
SNIBD Regular Meetings 3 rd Thursday of every month • When: • Where: Stonebridge Clubhouse • When: 6:30 – 8:30 pm • Notices & Agenda published on snibd.org • Open to public • Attend, get involved & help the community • Special meetings announced when needed • Please visit www.snibd.org
Mission of SNIBD • Allow our community to determine its own destiny by providing a path and a vehicle to: – Secure and enhance property values – Represent the wishes of our neighborhood – Develop a realistic & sustainable plan – Comply with all laws & regulations – Transparency and openness
Stonebridge Subdivision Facts – Opened 1984 – $275M of taxable property value in Stonebridge • (Tax Assessor Certified on May 16, 2017) – 1002 home sites – Approximately 72 vacant parcels – Golf course: Approximately 189 acres – Clubhouse: Approximately 36,000 sq. ft. – Current owner: Duininck Golf of Prinsburg, MN – One of the safest neighborhoods in Jefferson Parish
Objectives for the Plan • Empower our neighbors to decide the future • Protect and enhance our property values • Base the plan on survey data & feedback • Include those features the neighborhood desires • Realistic & self-sustainable in the long term • Revitalize the social center of our community • Build something we can all be proud of • Develop the best plan we can, then let’s vote
Any Plan Shall Include • (a) An estimate of the annual and aggregate cost of acquiring, constructing, or providing the services, improvements, enterprises or facilities set forth therein; • (b) An estimate of the aggregate number of mills or rate of fees required to be levied in each year on the taxable real property within the District in order to provide the funds required for the implementation or effectuation of the plan; • (c) Identification of any source of financing and the general terms thereof; and • (d) A description of the benefits of the plan to property owners within the District.
Current Status • The Tax Proposition language has been written by SNIBD. • SNIBD’s Call for Election on November 18, 2017 was approved by the Jefferson Parish Council on June 28, 2017.
Overview of the Plan • Purchase land, buildings and equipment • Repair/Upgrade golf course • Repair/Renovate clubhouse Golf • Dining/Food & Beverage • Swimming Pool Tennis • Tennis Court(s) Swimming • Fitness Center Dining • Social Events Fitness Events
Plan Highlights • Current plan is just one possible solution • Conservative spending approach • Built in long term reserve • Adaptable • Community centric • We need your input • Validated by professionals • Industry expert input
Plan Reviewers • Kernell Jupiter, Centerplate Food and Beverage • Randy Stein, Mr. B’s • Danna Doucet, Doucet Investment Properties • Marcia Helton, CPA (Retired) • Jeremy Hunnewell, CPA
Plan Budget Purchase Land, Buildings, Equip $2,200,000 Repair/Upgrade Golf Course Repair/Renovate Clubhouse $2,000,000 Pool/Fitness Center $450,000 Tennis Court(s) and/or other $250,000 Reserve $2,000,000 ______________________________________ Total Budget $6,900,000
Plan Budget (Update) Purchase Land, Buildings, Equip $2,200,000 Repair/Upgrade Golf Course Repair/Renovate Clubhouse $2,066,775 Pool/Fitness Center $450,000 Tennis Court(s) and/or other $210,000 Reserve (Working Capital) $1,650,000 Finance and Closing Cost $100,000 ______________________________________ Total Budget $6,676,775
Plan Budget (Update) Purchase Land, Buildings, Equip $1,674,000 Repair/Upgrade Golf Course $526,000 Repair/Renovate Clubhouse $2,066,775 Pool/Fitness Center $450,000 Tennis Court(s) and/or other $210,000 Reserve $1,650,000 Finance and Closing Cost $100,000 ______________________________________ Total Budget Remaining $5,002,775
Renovate the Clubhouse Build a Community Center • Phased approach • Will increase events & weddings revenue: – Weddings are money makers – Many brides want to get married at a country club • Advantage: We can host multiple events concurrently • Advantage: We can host large venue events • More social/neighborhood events will increase F&B • Community options for activities expanded
Dining / Food and Beverage (F&B) • Dining has revenue potential – Residents want to dine at the club – Catering events is profitable • Increased overall club activity increases F&B – Dining at club will increase F&B revenue – Increase in golf play will increase F&B revenue – Increase in social events will increase F&B revenue – Auxiliary facilities, pool, fitness, tennis will increase F&B revenue
Other Plan Features • New Swimming Pool – Design based upon neighborhood feedback – Private party bookings • New Tennis Courts • New Fitness Center
Other Possible Plan Features
Possible playgrounds on the Harvey and Gretna Side
Possible Future Activities & Ideas: • Building Community in our neighborhood – Summer Camps (swim, tennis, etc.) – Classes/Hobbies/Games – Bingo/Bunco/Themed Events & Music Karaoke – Coffee/Sandwich Shop – Community Garden – Child/Senior Day Care/Activities – Crawfish Boils/Fish Fry – Walking/Bike Trails
Benefits to the Property Owners 1. Invitations to attend social events in facility 2. Use of swimming pool 3. Use of tennis courts 4. Dining in the clubhouse 5. Discounted golf membership 6. Discounted hall and facility rentals 7. Discounted pro shop purchases
Benefits to the Property Owners 8. Protect and improve your property value 9. Local restaurant, pub and gathering place 10.Vibrant and active community center for adults and children 11.Stronger bond with your neighbors 12.Increase pride in our neighborhood Bottom Line is: We are a COMMUNITY CENTER, not a PROFIT CENTER
Most Importantly • Protection and improvement of your property value • Special Club Benefits for District Property Owners That include Club Amenities like: • Golf • Swimming Pool • Tennis • Fitness Center • Dining • Social events with neighbors Create a vibrant & stable community for years to come!
Q. How much will it cost me? • 45 mills for 20 years will fund the Plan • Actual amount depends on your assessed value • To find your approximate cost follow the below instructions: 1. Go to http://www.jpassessor.com/property-search 2. Type in your name or address in the field
Q. How much will it cost me? • To find your approximate cost follow the below instructions: 3. Find your “Total Assessment” and determine your “Homestead Exemption Status”
Q. How much will it cost me? • To find your approximate cost follow the below instructions: 4. Use this below formula to calculate • Assessment - 7,500 (if applicable) x .045 = Yearly total • Divide yearly total by 12 to determine your monthly amount 5. Example • 28,160 - 7,500 (if applicable) = 20,660 • 20,660 x .045 = $929.70 (yearly) • $929.70/12 = $77.48 (monthly)
Q. How much will it cost me? • Average property owner will pay $75-80/month • About $3 per day • Collected same way as your current property tax • Similar to other reported neighborhood fees for HOA and / or Security – Village Green $375 – Magnolia Trace $600 – Timberlane $950 – English Turn $2,700
Benefits of the Plan • Allows us to decide what is best for our community • Protects our property values • Membership in and use of a great community center • Investment in our neighborhood’s future – EVERY parcel will be impacted by this decision – A vibrant community center is a selling point • Strengthens our community / empowers residents • Builds a bright future for Stonebridge subdivision
Plan Foundation is our Community • Requires Community Support • Success happens when the community is involved in a positive way. • The details of the Plan will be determined by the property owners. • The SNIBD has created an opportunity and a vehicle whereby we may determine our future. • We will become the premiere community in all of Jefferson Parish. (It is simply in our DNA)
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