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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.

 Next Medley HOA Board meeting  is April 14

CLUBHOUSE LOAN UPDATE:

Cash and calculator

It was announced that 131 Homeowners paid 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 of our expenses?)