editor1 on July 19, 2017

Treasurelaketalk (TLT) is a community service providing information on events and issues for the Treasure Lake community. TLT is not responsible for any comments posted. Each comment expresses the view of its author and not the views of this forum or any entity associated with this forum. We do not vouch for the accuracy or completeness of any post and are not responsible for the contents of any post.  We reserve the right to not publish and to delete any post.

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Cayman Campground

The Cayman Committee report for the annual meeting showed the TLPOA entered into a partnership with the Kampgrounds of America. Other accomplishments included road work with approximately half of the roads in the campground tarred and chipped, a comfort center was rebuilt and several cabins were renovated.

editor1 on July 18, 2017

Treasurelaketalk would like to give the directors leaving the board the opportunity to share some of their experience and insight.

Questions:

Based on you board experience, do you have any advice for our readers?

Did you consider leaving the board before your term expired? If yes, will you please elaborate as to why?

editor1 on July 17, 2017

Treasure Lake has more new homes. Twelve new homes were built in Treasure Lake and 232 resale packets were issued that included 129 for home sales and 103 for vacant lots.

editor1 on July 15, 2017

Treasure Lake welcomes the Eshelman Tennis Tournament. The event will be held Saturday and Sunday at the Lakeview Lodge tennis courts.

editor1 on July 12, 2017

Chris Miller requested TLT print the following:

I want to thank the 574 property owners who voted for me, we would have won had it not been for the Crown Resorts block vote. I knew going in we would start 168 votes in the hole, but I will not sell my soul to Crown for their votes. The block vote is the clearest indication that our system is broken.
Some may consider what I am about to say as negative, but it is as real as a tornado touching down and destroying everything in its path. Yes, we do live in a beautiful community with scenery, wildlife and lots of activities to satisfy many different tastes, styles and personalities. I remember a valley I used to hike in West Virginia. It followed a mountain stream up to the source where it poured out of a rock outcrop plunging down a 30’ waterfall. I would sit for hours and meditate; it was truly spectacular. In 1982, a tornado touched down and cut its swathe up the valley destroying everything in its path. It has never been the same since.
Treasure Lake is currently facing its own tornado, our board and management are doing everything in their power to manipulate the truth and paint a rosy picture. It is easy to buy in to this false sense of security, after all, if we think a problem doesn’t existwe don’t have to worry about it.
Here are some cold hard facts:
1. The $800,000 “profit” our board and management presented at the annual meeting is fictitious. It only occurred because budgeted projects were once again deferred making the top line look attractive. Quite frankly, our board and management should be ashamed to have presented it this way.
2. Our current loan with S&T Bank is roughly 5 million dollars and is on a variable interest rate. The rate is due to increase and our interest expense will be approximately $250,000.00 this year.
3. We have 5.75 million in deferred maintenance looming on the horizon. This number does not include lake dredging, a new ice cream shack, ski lodge repairs or storm water management. Add those to the total and we are approaching 10 million in deferred maintenance.
This is real and will not go away no matter what our board or management tells you. I am not against amenities, but where do we draw the line on wasteful spending? I estimated that our annual assessment will approach $2,500 per lot within 5 years. It must in order to operate as we are currently as well as fix the 10 million and pay back the 5 million.
I hope many of you will open your eyes, become more involved and challenge our board for their horrible decisions and pipe dreams like the $250,000 guard shack (more than many of us paid for the homes we live in) or leasing new golf carts after just replacing the batteries on the old ones – these are just 2 examples of a track record of wasteful spending.

editor1 on July 11, 2017

The TLPOA has announced that Aquatic Environment Consultants will be at Bimini Lake on Wednesday, July 12 to conduct water monitoring and treatment of the Bimini coves.

editor1 on July 9, 2017

The annual meeting was held Saturday.

We want to know what was your impression of the committee reports, Omni presentations, property owner comments and the election results?

editor1 on July 8, 2017

Election Results:
Chris Miller 574
Toni Clark-Moulthrop 643
Pastor Richard Whitaker 682
Joseph Sbaffoni 721
Joe Krill 457
David Singer 762
Ben Ruggles 273

editor1 on July 8, 2017

The annual general meeting will be held today (Saturday, July 8) at 9 a.m. at the Lakeview Lodge.

editor1 on July 7, 2017

At a recent meeting, directors voted to provide the 2017-18 board of directors the recommendation that it review and act on the potential to increase the property owner assessment payer base by identifying and developing strategies to remove lots from the delinquent and therefore non-paying assessment/property tax rolls by effecting resale to new property owners.
The budget numbers show that the number of paying lot owners has not changed for several years and this action is an attempt to increase the number of paying lot owners.

editor1 on July 5, 2017

One of our readers submitted the following for our readers to comment.

“The water from the new well is awful. It has an odor, air bubbles and it feels like it has oil or something in it.

Does anyone else have these problems?”

editor1 on July 4, 2017

Independence Day, for most the 4th of July holiday is a time for fireworks and barbeques with family and friends. But, lets not forget all those that have sacrificed to provide this day for all of us and lets not forget those that continue serving. God bless America!

editor1 on July 2, 2017

We have learned that at the June TLPOA meeting, the board of directors voted to authorize Attorney C.J. Zwick to add to the already authorized securing of liens against the former Ski Lodge lessee for negotiated tax lien payments made by the TLPOA to the Commonwealth of Pennsylvania, the addition of property and equipment damages as well as loss of business income. In addition, this lien will include any and all costs associated with filing and collection of said lien.

editor1 on June 30, 2017

There may be progress getting a new security building.

TLPOA directors voted to accept the revised cost and structural changes for the new security building submitted by Day Construction for $201,191.

Directors George Cobert, David Distler, Carol Korthaus, Larry Salone and Steve Tuller voted in favor of the new building. Directors Toni-Clark-Moulthrop, Joe Krill, Frank Calderone and Michael Yoha voted no.

This does not include the security gate system.