To: Eagle Pointe Community
From: Betsy Larson, PSA president
Date: October 23, 2019
Re: Quarterly dues increase
On October 19, the Pointe Service Association (PSA) board voted to increase quarterly dues for all Eagle Pointe community members by 15 percent. Effective January 1, 2020, each property owners’ quarterly dues will increase from $135/quarter to $155.25/quarter. (The increase will appear on the December 2019 invoice.)
Remember that quarterly dues were $155 until January 2016. At that time, the PSA board reduced quarterly dues because the cable contract became obsolete. The 15 percent increase in 2020 will return dues to their previous amount.
The golf course remains a fledgling operation with ongoing start-up costs, capital investments, repairs, maintenance of equipment and operational losses. The PSA is supporting the golf club more than anticipated. The cost of goods and services also increases over time. Raising dues is one component of a broader plan to reach financial stability.
As we work through what the future might look like for the Golf Resort at Eagle Pointe, the PSA board’s primary responsibility is the financial viability of the community. We are actively working to achieve that goal with the least impact on homeowners.
As always, if you have questions or concerns, please contact a PSA board member.