editor1 on July 25, 2017

At a recent meeting, an update was given on the installation of the Verizon cell tower.

It was stated that Sandy Township is working on issues and it is between the township and Verizon.

Treasure Lake is expected to receive $650 a month income for the cell tower.

editor1 on July 24, 2017

The July meeting of the TLPOA Board of Directors will be held tonight (Monday, July 24) at the Lakeview Lodge at 6 p.m.

editor1 on July 23, 2017

According to a report in the local newspaper, someone took golf carts and caused a large amount of damage to the greens at the golf course. Police are investigating.

If the culprit was one of our own we can only hope they now stop and think…Fool, you have damaged your own property!

editor1 on July 22, 2017

It appears that things are progressing to remove the old TLPOA building.

Proposals were received for removing asbestos from the building. Two bids were received to demolish the building.

At a recent meeting it was stated that once the asbestos has been removed from the building and the transformer moved from the side of the building, the fire company may be able to burn down the building and then maintenance could remove the debris.

editor1 on July 21, 2017

New TLPOA Board Officers were elected this week. They are: President, George Cobert; vice president, Dick Whitaker; secretary, Toni Clark Moulthrop; and treasurer, Larry Salone.

editor1 on July 19, 2017

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.