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COPYRIGHT © 2019
Wellington Northeast Neighborhood Association
WNNA
P.O. Box 785
Noblesville IN 46061-0785
317.713.1234
wnnahoa@gmail.com

Rob Place

From the Treasurer – 2019 Spring-May Newsletter

Hello Neighbors!

As most of you know, we are a unique neighborhood in Noblesville as we allow a choice between being a “General” member or a “Recreational” member – the latter providing use of pools and tennis courts. Our dues are also among the lowest in Noblesville, especially considering the amenities provided.

However, last year we had only 172 residents choosing to be full Recreational members, down from 216 a decade earlier. During this time, we have seen increased costs to maintain the common areas, playgrounds, and especially our pools. These negative trends have combined to place a strain on our ability to effectively manage our amenities to the level that residents have come to expect.

In an attempt to increase much needed revenue, we have been undergoing an effort to strengthen our long-term financial footing without burdening current residents. This effort will culminate in a neighborhood-wide vote to amend our current bylaws and covenants.

The largest change to our bylaws would alter our dues structure for future residents. Current residents will still have the option of choosing to become “General” or “Recreational” members – currently $160 and $400 a year. If, however, you purchase a Wellington Northeast home after January 1st, 2020, that option is removed & you will be automatically become a Recreational member.

This isn’t a short-term fix, but it should provide a small increase in funds each year as the neighborhood turns over new residents. Should this proposal pass, it will help provide future WNNA boards the resources needed to keep our neighborhood a beautiful and sought-after place to live.

In order to pass, we will need at least 354 out of 531 lots to approve. Yes, that’s a tall order, but I am confident that residents will approve these changes to ensure our neighborhood’s future financial stability. The voting will occur late summer/early fall, and, should it pass, would go into effect on the first of the year.

Our attorney, Tom Murray, will be holding an informational session regarding all the changes on May 23rd at 7pm at First Christian Church. He will cover the dues change, as well as other updates to our bylaws and covenants. I would encourage all to attend & ask questions on this very important neighborhood matter!

Rob Place, Treasurer