| 29 October 2009
The New Kings Colony POA held its annual meeting on July 1, 2009. Property owners in attendance and through proxy elected the following board members:
John Harris President
Robin Lane Vice President
Robin Lane Vice President
Gina Lopez Secretary
William Harris Director
Elizabeth Ward Director
The current board, having been in control of the POA for the last several months, has been able to pay off a large amount of debt incurred by the previous board and negotiate settlements with some creditors, which has saved thousands of dollars. The problems facing the POA today will not be solved easily. The previous board of directors spent more money than was available and left the POA in debt before resigning in 2008. A large amount of debt still remains unpaid.
Limited income combined with mismanagement by the prior board has left a huge burden on the association. The subdivision property remains in a state of disrepair. Many of the roads are not drivable and hundreds of lots have no access to electricity. Thanks to property owners who have continued to pay their annual assessments trash has been mostly cleaned up and a few of the more dangerous potholes have been filled. It will be a gradual rebuilding process to make Kings Colony a livable neighborhood with the limited funds available and the promises made by the original developer and the prior boards of directors may never be realized.
Please continue to direct email inquiries to
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or
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Thank you,
John Harris
President


