Shady Lake Park
P.O. Box 173
Riverdale, NJ 07457
Happy New Year!
On behalf of the SLPPOA, We would like to wish you and yours a very happy new year with our best wishes for
a healthy and happy 2015.
The road assessment must be paid in full by 2/28/15.
For those residents who wish to join our association for the first time, we offer you a warm welcome to the Shady
Lake Property Owner’s Association. For those who are rejoining, we welcome
you back and thank you once again for being an active member of our wonderful community.
Please note that for both the road assessment and membership dues invoices, a monthly late fee of $20 will be charged
if not paid by the due date. There will also be a $25 fee for returned checks.
If you do not wish to join, please return only the road assessment invoice with your payment. You may disregard the membership coupon.
Just the Facts
Shady Lake has 130
homes. Last year (2014) there were 70 memberships into the association and 61 were non-members, or “road-only”. As stated in a judgment by the Superior Court, road dues are determined by the amount
we spend to maintain the roads, divided by the entire 130 houses. This is the way you are billed for your road assessments.
We have tried to keep these fees around $100.00 per year. We keep our roads private in order to keep our taxes down. The other alternative (if agreed upon by 51% of the community), would be to turn the
roads over to the town, making them public. Gordon Lakes did this about 12 years ago, and each homeowner was assessed for
their roadside footage, resulting in a decade-long annual assessment of approximately $1000 per each homeowner!
We would like to
thank all the Shady Lake homeowners who have paid your road assessments in a timely manner.
This is what allows us to keep our roads private and saves us each a large amount of annual tax dollars.
For those that do
owe back road assessments, please be aware that a lien is placed on your home for the amount of arrears, and a copy of the
lien is faxed to the real estate company and lawyers upon the sale of the house.
These monies, plus accrued interest, are then payable at the closing. During
real estate transactions, the attorney will request a statement of account from the Shady Lake PPOA depicting any monies owed
so as not to delay the closing. As financial secretary, I will be happy to supply
the statement of account.
How did it begin? Shady Lake started out as a summer community with no heat or water in any of the homes.
There were dirt roads and the only amenity was the lake. At the time, the residents formed an Association. They took out a
community bond to have the pool built. They also bought the 50 acres of land
in the back of the development as recreational land (which at the time was a real baseball field and hiking trails) and protected
it from other land developers. The association then bought the clubhouse (which
was originally a general store).
Shady Lake –
Just a POOL?
Based on the above,
our current “inheritance” as an association member is five pieces of real estate: the roads, pool, lake, clubhouse
and 50 acres of land. Today, that same parcel of land has been made into a tree farm, which is maintained by the members,
and we also have the addition of the cell tower, which was erected in July 2003. As
a member of the association, you are a property owner of the above items, much like you are owner of your own private home. Care and maintenance of these properties is just as important.
How does it all work? The premise is the same as it was originally – all the members pay the same
amount of money and invest the same amount of time to maintain these properties. It has always been an unspoken rule that
every member should donate a portion of their time each year for the maintenance of these properties.
However, time has
taken its toll on these areas. The summer houses are now year-round homes, yet
participation in maintaining these areas has dwindled. This leaves us with two choices:
- Unfortunately, this year we had to increase the membership dues for ALL members so that we can
hire workers to do the work that volunteer members used to do. Please note that
the membership dues have not been increased since 1990 (over 14 years)
Ask that all member
families commit to at least 3 hours of volunteer work a year in order to keep up with the maintenance of the properties.
Please remember a
few important points regarding membership:
- You are the owner of 5 pieces of real estate
- Improvements are presently made by your hard work and participation – everyone is responsible
for the present condition of these properties (good or bad)
- As a member, you have a deciding vote on what is done with all five of these properties, e.g.,
keeping roads private, continuation or discontinuation of both the pool and the clubhouse, and upkeep of the lake. This is
a democratic society and when 2/3 of the general membership no longer wishes to continue with any or all of these properties,
they will no longer exist.
For over 50 years
there has been a “general meeting” on the last Friday in July. Please come and learn about your community. Here
is a synopsis of the time and effort that is required to maintain these properties.
It will also make it clear as to how your dues are distributed:
We do hire a contractor to
treat certain growths in our lake. We have to harvest the algae by hand (VOLUNTEERS). Removal of trees, limbs and debris and
clearing of drains are done continually (VOLUNTEERS).
We have a paid forester to
mark trees and file necessary permits. We then have the trees harvested according to the guidelines given by the state for
the operation of such tree farms. We manually (VOLUNTEERS) pull out the tree tops (according to the guidelines stated), rent
machinery for the above and pay for the necessary permits.
For the past 20 years
we have hired a contractor to lay large sections of continuous roadway. We have completed every road that has multiple
houses on them as well as kept up with the patching and repairing of through roads. Drains need to be cleaned, mailboxes cleared
from snow and brush trimmed back to alleviate blind spots (VOLUNTEERS).
Our clubhouse is showing
signs of age and is in need of constant repair. We try to keep the integrity of the structure and the logs, but a lot of labor
and TLC is needed. The clubhouse needs to be opened and cleaned out in the spring, and closed up and cleaned in the fall (VOLUNTEERS). Continuous maintenance including mopping, cleaning of windows, bathrooms and kitchen
is necessary (VOLUNTEERS). The grounds need continual up-keeping (leaves raked,
volleyball & horseshoe courts maintained, etc.) (VOLUNTEERS). Fire inspections are done annually and permits are paid for. Fire extinguishers are updated annually.
In order to pass inspection
so that the pool can open, mulch has to be laid, swings need to be in good operating condition and the wood has to be power
washed and painted (VOLUNTEERS). Daily maintenance is required to keep the area
clean and safe so that the pool can remain open (VOLUNTEERS). If this area is
not kept safe and clean and fails inspection, THE POOL WILL BE CLOSED!
Every year this is the biggest
and most-needed area for volunteers. The fewer volunteers we have, the later
the pool opens each year. The pool chairperson is there every Saturday and Sunday in May with the hopes of good weather and
a strong showing of volunteers. Cleaning, cementing, power washing, painting – the list goes on and on (VOLUNTEERS). The age and size of the pool and its surrounding area make for a huge amount of work
The combined annual real estate
taxes on these properties is over $7,000, which your dues help to pay for. We also have an attorney to whom we pay legal fees,
as well as an accountant who files our corporate taxes as well as an insurance agent.
If you have any questions regarding
the above, please contact the SLPPOA President, Chuck Carbone at 973-208-1786 or Jeannine Meegan at 201-978-7421,
Please remember that every member
is invited to attend all board meetings (held on a monthly basis) as well as the general membership meeting. Your participation and input are much needed in order to continue to keep Shady Lake such a wonderful community. Also be aware that the Shady Lake website (shadylake.tripod.com) is an excellent resource
for news and events concerning our community.
We thank you for your cooperation
and community spirit in endeavoring to make Shady Lake a beautiful place to live. We
would like to remind everyone that being a member of our association is a “joint real estate venture” and a choice. We look forward to working with all of our partners!
SLPPOA Financial Secretary