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Community-run info for Medley at Southshore Bay

We all love our Medley Community but it can be difficult to keep informed.  Your neighbors have created this friendly, informal site for just that.   MedleyMembers.Net  includes the links you need to keep informed and get involved in community management.   Please share with your neighbors and comment.

MONDAY - Our "Twin CDDs" meet on  April 13. 
See their websites' links below for agendas, and call-in insructions. 
And consider running for open seats

TUESDAY -  Medley's next HOA Board meeting  is April 14 at 6:30
in the Clubhouse or on Zoom. 

Before Tuesday's HOA meeting, be sure to review the FIVE proposed policies (on Communications, Records Requests, Club Use, Pickleball Use, and Conduct policies) mailed in Friday's April 11 Newletter with links to TownSquare.


New blog post - The Saga of the White Lanai Roofs

 https://www.medleymembers.net/blogs/post/Roofs-saga


CLUBHOUSE LOAN UPDATE:
Cash and calculator

It was announced that HOA meeting that 131 Homeowners  opted to pay the lump sum payoff of  $12,743.23 for their portion of the Clubhouse purchase loan.   That's $1,669,363!!  (or 15% of initial $11M loan.)   Based on ~6% amortization, that could accelerate payoff by about two years. (Questions:  When is the annual reamortization? How do those funds provide our HOA interest until then?  Can interest earned offset some HOA expenses?)