Resolution 2012-2: Reserve / Investment Policy

Effective: May 1, 2012.

Resolution 2012-2 supersedes prior resolutions with regard to reserve and investment policy.  A few highlights:

  • The overall financial policy of the Association is to raise assessments annually no more than absolutely necessary to meet ongonig operating expenses, fund reserves for hte future, avoid special assessments, and minimize borrowing.
  • A Reserve Study shall be conducted at least as often as required by the Virginia Condominium Act, and reviewed and updated annually with a review of existing reserve funds, and anticipated reserve expenditures. 
  • Investment of Reserve Funds shall be in low-risk instruments that maximize interest while preserving reserve principal.

Open or Download Resolution 2012-3, Reserve / Investment Policy. [.pdf, 43.3 K]

Pool

The use of the pool is exclusively limited to the owners and tenants of Talltree South, Talltree Gardens, and Maplewood Village. All residents must obtain a pool pass to be admitted to the pool area. To receive the pool pass, all condominium fees must be paid in full. Passes are distributed by the office each spring and are announced on the bulletin board.

Each member must abide by the rules for the pool which are set by the pool association and pool management company. Please obtain the most recent pool rules when you obtain your pool pass.

Our Staff

Kelly Dillon
Rick Russell
Talltree South
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Steve RugenSteve Rugen
Cardinal Management Group