As you know, the CHOA CCRS were recently changed to eliminate CHOA paying the alarm monitoring of homes, in our HOA, through Wilsonville Lock & Security. This transition will take place January 31st, 2022.
Wilsonville Lock & Security will be contacting you to set up direct billing if you are choosing to continue your security monitoring service through them. You are also welcome to contact Ashton at manager@wilsonvillesecurity.com or 503-682-2323 to transfer your monitoring service and/or ask any questions you might have.
Wilsonville Lock & Security has been a long time supplier to CHOA and we appreciate their support.
Please feel free to reach out with any questions.
Thanks,
Barry
503-754-0322 or hbgconsulting@gmail.com
In 2020, according to the year end statement, CHOA spent over $36,000 in the security account. So will there be a monthly dues reduction, or a zero increase for 2022?
Good question. In 2021 we paid ~$14400 to Wilsonville Lock & Security. As you know, we had lots of ice and heat weather damage to our trees and plants throughout CHOA this year and have spent an extra ~$65K to try to get our community safe and back to pre-weather related conditions. We have a Reserve and used some funds from there but have the Fiduciary responsibility to manage the Reserve for the long term interests of CHOA. This means we need to add some of these out of ordinary expenses back into our Reserve for future needs. The need to refill the Reserve and with the costs increases in labor, materials and energy- for example Natural gas is going up 17% in 2022 (used to heat the hot tubs/pools), there will be a fee increase in 2022.
Thank you so very much for finally removing CHOA members from this outdated commitment. Well done!
It has probably been said before but please remind me where the dollars are now being re-directed.
Good question. We pay ~$14400 per year to Wilsonville Lock & Security per year. As you know, we had lots of ice and heat weather damage to our trees and plants throughout CHOA this year and have spent an extra ~$65K to try to get our community safe and back to pre-weather related conditions. We have a Reserve and used some funds from there but have the Fiduciary responsibility to manage the Reserve for the long term interests of CHOA. This means we need to add some of these out of ordinary expenses back into our Reserve for future needs.