Skip to main content

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.
TWO MEETINGS TODAY 
 BUDGET MEETING (Zoom) - Thursday, Nov 6 , 12 NOON
  • Last chance to get budget questions answered is noon on Thurs, Nov 6 at 2026 Public Budget Workshop.  See the Medley at Southshore Bay Community Update  email dated October 31 for Zoom Link.
    • ALSO -  Open Board meeting Thursday Nov 6, 5:00 PM (Zoom only)   

      See latest emailed agenda from 11/5 for CHANGED LINK.
      (Meeting ID: 837 5491 9421  Passcode: 904200)
      NOT PREVIIOUSLY SENT Meeting ID  891 2190 2089 Passcode 788251 

  •  Tues. Nov 11 --  Special Assessment meeting- Minimal Q&A in meeting's agenda
    • We were all mailed a Notice of Consideration of Special Assessment describing 15-year financing of $11,0000 (approximately $19,416.60 per owner over term) to purchase clubhouse/amenities.
    • Questions about loan financing? Ask in TownSquare, email Castle/board/committee members -- but also consider posting your question on FaceBook (or comment anonymously here) so that everyone else can all see the questions and answers.  For example:
      • How can the many homeowners who requested to pay in full upfront avoid financing costs? If not, what is exact payoff @6 mo.?  How will payments reduce the finance costs (benefit HOA) over time?
      • How can members who sell their homes transfer the terms to new buyers rather than pay it off out of their sales proceeds? 
      • If/when selling owners pay the assessment, how will remaining monthly HOA fees be recalculated for the new owner?
    • The SouthState bank terms at 5.9% (while much better than Popular bank!) is unclear about how loan will be recalculated "every six months."  Also, it specifies that if interest rates go down, the HOA cannot refinance without a prepayment penalty.
    • The Oct 14 "General proxies" that many members signed authorized thethe board will vote "for us" at this and future meetings (i.e. no further member Q&A or vote).  (FYI- Members have the option to withdrawl their general proxy in writing before the Nov 11 meeting which may restore discussions with members before the board votes going forward.)
    • Oct 14 Meeting - highlights
      • Two new board members seated.
      • Board approved 15 year financing for clubhouse with more favorable terms at new bank (versus August's proposal of 30 year term)
      • If/when clubhouse purchase closes on Nov 20, it will replace current LEN clubhouse fee and increase current montly HOA fee to include the loan.  
      • Unused January Special Assessment of $171k will be carried over to 2026 budget 

We all came for Florida for the Sunshine.  Let’s compare how HOAs can be run….
[Sunshine Survey Link]