Who’s Your Management Company?
Principal Management Group
6707 Brentwood Stair Road,
Suite 110
Fort Worth, TX 76112
Telephone 817-451-7300
Metro 817-654-4242
Fax 817-654-1717
Office Hours are 8-5 M-F
For after hours emergencies, please call 972-260-9318
Lori Hollis left PMG Aug 25th to follow her husband and his new job opportunity in Austin, TX.
PMG has assigned LaDonna Jordan to our account effective Sept. 1st. Until that time Stephanie Benham will be our interim contact: Ext 206.
For account inquiries, payment information or collections call customer service at
214-368-4030.
Neighborhood Website:
click on “Community Websites” and log in. If you need your account #, please contact PMG.
Budget Status
Currently annual Home Owners Association dues for Durham Farms is $300. Even when all 90 homes are built and occupied this will not cover our annual expenses. To further compound the situation, the 2009 budget year will only function on the proceeds from the 63 or so completed homes. The Board of Directors is reviewing every expense, looking for ways to reduce costs.
For your review we have included here an abbreviated budget. A full detail budget will be available shortly on our community website. Please plan to be in attendance at our annual meeting on Oct. 13th as this topic will affect all of us.
Annual vs. Budget
Income/Expense
August 31, 2008
Annual Budget / Actual ExpenseTotal Income / $24,900 / $24,881
Admin Expenses / $3,150 / $2,308
Prof. Services / $8,691 / $9,108
Repairs & Maint. / $8,400 / $13,249
Reserve / $7,200 / 0
Utilities / $6,050 / $5,541
Total Operating Expenses / $33,491 / $30,206
Net Profit/Loss / -$8,591 / -$5,325
Forming of Committees
We are shy a few members to form the much needed committees for our community. Please consider helping your neighbors in Durham Farms by donating your time and talents in joining one of our community committees. The Sign up Form is being redistributed or you may find the form on our community website. Submit completed forms via mail, fax or email to Stephanie Benham at PMG.
Violations of Governing Documents to Result in Fines
The Board of Directors will soon be implementing a new policy for assessing fines in conjunction with violations of the CCR’s and ACC rules. We encourage all home owners to familiarize themselves with the CCR’s and to fill out an ACC request form prior to making any exterior changes to their property.
Approved Trees
In order to address the frequent request for the addition of trees to our short list of approved trees, a member of the Board of Directors has met with a Master Gardener from the Tarrant County Extension Office to review the list of approved and non-approved trees provided by the City of Watauga. We have sought advice on trees that would grow too large for our lots and/or have invasive root systems with potential damage to pipes, concrete or plumbing. A standards policy for approved trees will be coming soon.
Dead Trees
There are a number of dead trees in the neighborhood. Please remove them before the fining policy becomes effective or you will incur fines for these trees.
Hooray for the Heroes of the Black Lagoon!!!
Huge THANK YOU’s are in order for Dee & Dan Hutchinson, Mike Lawson, Jeff Furgo, Charlene Nippa, Charlene’s son and grandson (and anyone else I may have missed) that attacked the creature from the Black Lagoon (aka the algae in our Fountain) on Monday night, July 14th.
Our fountain was in bad shape, the algae was overgrown and choking the motor in the pump. In an effort to save the fountain and make our pond gleaming again these brave men and women spent several hours scooping up the entire gunk in the fountain.
Thanks to the Hutchinsons for researching proper pond maintenance and buying the chemicals on the cheap. We now can maintain the pond for about 2% of the cost we were quoted by professionals. The Hutchinsons also continue to lend their muscles to keep the fountain clean.
Before:
After:
Community Beautification Day
Save the Date! Saturday, Oct. 4th we will be having a community beautification day. Please plan to donate a few hours of your time to help make Durham Farms look spectacular! In the meantime, please do your part to clean up any trash in or around your property. Thanks!
Your Board of Directors
President – Julie Lawson
VP – Dee Hutchinson
Treasurer – Debra Ford
Secretary – Rachel Henderson
Assist. Sec. – Jeanette Furgo
Next Board Meeting
Monday, September 8th
6:30 pm – 8209Lauren Way
All are welcome to attend. If you have an issue you would like to have discussed at the meeting please make this request in writing (email is fine) to Stephanie Benham so that it may be added to the meeting agenda. Board meetings will be held the second Monday of each month, location and time may vary.
The Printing of this newsletter was sponsored by:
700 E. Harwood
Euless, TX 76039
(817) 283-6487
99cent shirts with $15 in dry-cleaning. We currently are servicing some of your neighbors now. FREE PICKUP AND DELIVERY!