http://www.circlecranch.com/homeowners-news-orig.htm
''August Question of the month to the CCHOA Board:
Who owns, uses and/or leases the 500 s.f. building used by landscape and the CCHOA?
1. The Developer built and paid for the Circle C Swim Center, Circle C Grill and Post Office Facility. The development company owned the pool and paid for all of the operations of the pool for 11 years, and 1/2 of the expenses for one year as the pool ownership was being transferred. The pool, plaza, grill , bath house and all related land were part of one single lot and one single site plan. The cost of operating the pool for more than 10 years was over $1,500,000.00. The cost of building the pool and all related facilities was over $1,000,000.00. The cost of the grill equipment was approximately $75,000.00.
The 500 square foot office space was used originally by Circle C Cable, the internal television company of Circle C and shared for uses of the residents including pool storage, office space for the pool manager, office of the Southwest Travis County Water District, run by residents, landscape crew, and post office workers. There was no charge to the CCHOA for these uses.
2. All of the above facilities were part of a single site plan. For a land transfer, this area was not subdivided. As part of the terms of the donation of the pool, Phoenix Holdings retained the right to lease the 500 square foot office next to the post office. The alternative was for the development company to give the pool to the City of Austin and turn it into a public pool. The two Board members not affiliated with Phoenix Holdings made the decision to accept the donation of the pool. This was extensively discussed with residents and the Steering Committee. The Board, along with the members of the Association, felt that it was in the best interest of the community to retain ownership of the pool. Further, the office space was not designed nor was parking designated for public use of the space. Traffic and parking limitations currently limit its viable uses.
3. A lease for the office was signed with Phoenix Holdings until 2011. The rental rate is $100.00 per month. The use of the space is related to activities in Circle C Ranch, including landscape, management, committee meetings and the swim center manager?’s office. The CCHOA pays for no maintenance and no improvements. Over the past two years, the building has been improved by the installation of a new air conditioning system, painting, roof repairs, and plumbing repairs.
Based on our calculations the taxes and utilities for the 500 square feet of space total $500.00 per year. We received $1200.00 in income, and have users that maintain and upgrade the space at no cost to the CCHOA. The space is used for neighborhood affiliated purposes. The CCHOA Board believes it to be a fair and reasonable business transaction.''
''August Question of the month to the CCHOA Board:
Who owns, uses and/or leases the 500 s.f. building used by landscape and the CCHOA?
1. The Developer built and paid for the Circle C Swim Center, Circle C Grill and Post Office Facility. The development company owned the pool and paid for all of the operations of the pool for 11 years, and 1/2 of the expenses for one year as the pool ownership was being transferred. The pool, plaza, grill , bath house and all related land were part of one single lot and one single site plan. The cost of operating the pool for more than 10 years was over $1,500,000.00. The cost of building the pool and all related facilities was over $1,000,000.00. The cost of the grill equipment was approximately $75,000.00.
The 500 square foot office space was used originally by Circle C Cable, the internal television company of Circle C and shared for uses of the residents including pool storage, office space for the pool manager, office of the Southwest Travis County Water District, run by residents, landscape crew, and post office workers. There was no charge to the CCHOA for these uses.
2. All of the above facilities were part of a single site plan. For a land transfer, this area was not subdivided. As part of the terms of the donation of the pool, Phoenix Holdings retained the right to lease the 500 square foot office next to the post office. The alternative was for the development company to give the pool to the City of Austin and turn it into a public pool. The two Board members not affiliated with Phoenix Holdings made the decision to accept the donation of the pool. This was extensively discussed with residents and the Steering Committee. The Board, along with the members of the Association, felt that it was in the best interest of the community to retain ownership of the pool. Further, the office space was not designed nor was parking designated for public use of the space. Traffic and parking limitations currently limit its viable uses.
3. A lease for the office was signed with Phoenix Holdings until 2011. The rental rate is $100.00 per month. The use of the space is related to activities in Circle C Ranch, including landscape, management, committee meetings and the swim center manager?’s office. The CCHOA pays for no maintenance and no improvements. Over the past two years, the building has been improved by the installation of a new air conditioning system, painting, roof repairs, and plumbing repairs.
Based on our calculations the taxes and utilities for the 500 square feet of space total $500.00 per year. We received $1200.00 in income, and have users that maintain and upgrade the space at no cost to the CCHOA. The space is used for neighborhood affiliated purposes. The CCHOA Board believes it to be a fair and reasonable business transaction.''