PERIMETER WALL REPLACEMENT PROJECT
6-13-2019 Update:
The re-building of the perimeter wall has been completed.
The landscaping repairs, including replacement grass at the front entry, and hydromulching of the area along Highway 6, has been completed. The hydromulching should fill in the bare areas as the summer progresses.
Brief History of Wall Project:
The perimeter wall replacement project has been in the planning for well over two years - having been listed on Board Meeting Agendas and discussed at multiple Board Meetings throughout 2017 and 2018, and was discussed at our 2018 and 2019 Annual Meetings.
The original concrete perimeter wall built around 2005 (when the development of Terraces on Memorial commenced) had deteriorated considerably over the years, necessitating ongoing and costly repairs with very limited warranty on those repairs(typically only 1 year on the repair areas only). In 2017, when yet another major series of repairs were deemed necessary, the Board began exploring other alternatives. The cost of further costly maintenance of the concrete wall was weighed against its age, the condition of the wall at that time (i.e. how many of the supports and panels needed to be replaced), and the expected further deterioration as the concrete wall aged versus the cost of demolition and building a new and more attractive brick perimeter wall with a significantly better warranty period (15 year warranty).
The cost of the project has been paid from the HOA Capital Reserves Fund - a fund set up a number of years ago to save for just this type of major expenditure. Each year the Board designates funds to be placed in this Capital Reserves Fund. No increase to the annual maintenance was deemed necessary in order for this project to proceed.
It should be noted that any necessary repairs or modifications to residents’ property is the responsibility of each individual homeowner. Neither the contractor nor the HOA are responsible for any damage incurred during the demolition or rebuilding process. While all possible care has been exercised during the process, it must be noted that the area adjacent to the perimeter wall is within an easement with the express purpose of being accessible for any needed repairs or maintenance for the perimeter wall, utilities, etc.
IMPORTANT NOTICE
FOR RESIDENTS OF PROPERTIES ADJACENT
TO THE NEW BRICK WALL AND THE NEW TREX WALL
Residents are advised that nothing can be attached to the walls. These walls are the property of the HOA, not individual homeowners.
No nails, screws, bolts are to be inserted into the perimeter brick wall or TREX fencing.
No decorative items, planters, trellis, to name a few examples, may be attached in any way.
All plants, shrubs, trees, must be planted far enough away that the plants, shrubs, trees DO NOT push against the brick wall or TREX fencing. No vines may be allowed to grow on the wall or fencing. All landscaping must be kept pruned away from the wall and fencing.
No mulch or soil may be placed against the wall or fencing.
Violations of these restrictions could void the warranty and result in costly repairs or replacement that will be billed to the individual(s) responsible.
Please help the HOA maintain this expensive amenity and abide by these simple restrictions.
Homeowners that lease their properties to tenants must inform their tenants of these restrictions. You are ultimately responsible for damages from tenants to the brick wall and TREX fencing.