Budget Cover Letter 2013

December 1, 2012

 

Dear Homeowners,

 

Happy Holidays to you and your families.

 

The City Plaza Board and Management Team have finalized the 2013 Operating Budget for the condominiums.  As most of you are aware the budget and dues have remained the same for the past 4 years. Due to the increased storm activity throughout the nation, the insurance rates continue to rise nationwide. While the HOA absorbed the increase in the 2012 budget, it could not be done again for 2013. The Board of Directors was forced to raise the HOA dues for 2013. The budget Expense Explanations has been attached for your viewing. Below are the 2013 Dues effective January 1, 2013.

 

If you previously paid:                                              You will now pay:

 

$193 (A)                                                                      $210 (A)

$193 (A2)                                                                    $210 (A2)

$231 (B)                                                                      $252 (B)

$250 (C)                                                                      $273 (C)

$282 (D)                                                                      $308 (D)

$327 (E/F)                                                                  $357 (E/F)

 

 

For 2013, the Board and Budget Committee are committed to identifying opportunities to reduce operating expenses so that we can minimize the possibility of future fee increases.  In addition, we will focus on maintaining and growing the value of the property.

 

Monthly coupon vouchers will not be sent so it’s important that your payment is received on the 1st of each month.  Payment made after the 10th of the month will be assessed a $25 late fee. If you have your funds set up through your bank please make sure to make the changes with them as well. Please forward all monthly dues to the following address:

 

City Plaza Owners Association Inc.

1330 Old Spanish Trail

Houston, TX 77054

 

Once again, we wish you and your families a safe and joyous holiday season.

 

Sincerely,

 

City Plaza Board of Directors

Notice of Annual Meeting – March 22, 2012

NOTICE OF ANNUAL MEETING
City Plaza Owners Association Inc.
1330 Old Spanish Trail
Houston, TX 77054
Time: 6:00pm
Clubhouse

NOTICE IS HEREBY GIVEN, that the Annual Meeting of the Members of City Plaza Owners Association, Inc., a Texas non-profit corporation (the “Association”) has been called and will be held on Thursday, March 22, 2012 at 6:00 p.m., in the Clubhouse of the Condominium, at 1330 Old Spanish Trail, Houston Texas 77054 for the following purpose:

1.      To elect three (3) directors to the Board of Directors of the Association, to serve a term of two (2) years (or until their respective successors are elected or appointed), in accordance with the section 2.1 of the Bylaws of the Association;

If you would like to run please get your bio to the office by March 15th.

If you are unable to be present in person for the above meeting, please give your proxy form to someone you know and trust that will vote on your behalf. Please contact the office for a copy of the proxy. (713) 790-7900.

By order of the Board of Directors, dated this 22nd day of February, 2012.