| The Legacy Grove Home Owners Association Questions and Answers |
Question: Your letter states that actual purchases of furniture for the pool and clubhouse will need to be
approved by the homeowners since they may require a small loan? Please explain this more (e.g. Who will
obtain the loan and
is the payback coming from the HOA account or will each homeowner incur additional expenses?
Answer: NEW ANSWER The developers have bought chairs and tables for clubhouse. The builders have
bought furniture for the pool.
approved by the homeowners since they may require a small loan? Please explain this more (e.g. Who will
obtain the loan and
is the payback coming from the HOA account or will each homeowner incur additional expenses?
Answer: NEW ANSWER The developers have bought chairs and tables for clubhouse. The builders have
bought furniture for the pool.
Question: As more residents move in, will the fees remained the same?
Answer: We tried to keep the fees as low as possible based upon the fact that we will have more residents.
The $240 per year is probably low based upon the small number of homeowners at the moment. As the
subdivision grows I believe the $240 a year will fully cover all of the expenses, pay off any minor initial
expenses, and allow for a reserve to be built for maintenance. Once the subdivision reaches it full size the
HOA fee might could be reduced (but I can't promise).
Answer: We tried to keep the fees as low as possible based upon the fact that we will have more residents.
The $240 per year is probably low based upon the small number of homeowners at the moment. As the
subdivision grows I believe the $240 a year will fully cover all of the expenses, pay off any minor initial
expenses, and allow for a reserve to be built for maintenance. Once the subdivision reaches it full size the
HOA fee might could be reduced (but I can't promise).
Question: I would like a copy of the restrictions.
Answer: Click on the following link to download: Restrictions in PDF format
Answer: Click on the following link to download: Restrictions in PDF format
Question: I have heard that the subdivision might be over 500 homes and I think the pool is to small for that
many homes.
Answer: Based upon the current economic conditions the developers have decided to develop a different
subdivision on some of the property that could have been included in the Legacy Grove subdivision. Those
homes will not be part Legacy Grove HOA and will not be allowed to use the Legacy Grove Amenities.
Therefore, the developers believe that the pool will be adequately sized. Note: Some home owners thought
the pool would be 20X40 but the pool is actually 30X60.
many homes.
Answer: Based upon the current economic conditions the developers have decided to develop a different
subdivision on some of the property that could have been included in the Legacy Grove subdivision. Those
homes will not be part Legacy Grove HOA and will not be allowed to use the Legacy Grove Amenities.
Therefore, the developers believe that the pool will be adequately sized. Note: Some home owners thought
the pool would be 20X40 but the pool is actually 30X60.
Question: How many Tennis courts will be built in 2009?
Answer: The developers will build two courts and it will be to the west of the parking lot.
Answer: The developers will build two courts and it will be to the west of the parking lot.
Question: Given that part of the back will be a different subdivision will Legacy Grove still have a lake?
Answer: The development plans for the lakes have not changed. The current plan which includes detailed
engineering is to build larger homes around the front lake. The developers do not have detailed plans for the
back lake since it is years away. The type of homes built around the lake may change based upon market
conditions.
Answer: The development plans for the lakes have not changed. The current plan which includes detailed
engineering is to build larger homes around the front lake. The developers do not have detailed plans for the
back lake since it is years away. The type of homes built around the lake may change based upon market
conditions.
March 2008
April 2008