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L E G A C Y R E S I D E N T S A S S O C I A T I O N A N N U A L M - - PowerPoint PPT Presentation

Apr 13, 2023 607 likes •1.18k views

L E G A C Y R E S I D E N T S A S S O C I A T I O N A N N U A L M E E T I N G 1 WELCOME The Legacy Residents Association was created for the homeowners of Legacy, with the intent of augmenting the lifestyle in Legacy. The goal is to create

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L E G A C Y R E S I D E N T S A S S O C I A T I O N A N N U A L M E E T I N G

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WELCOME

The Legacy Residents Association was created for the homeowners of Legacy, with the intent of augmenting the lifestyle in Legacy. The goal is to create a home base for living rather than only owning a home, through creating an attractive atmosphere and increasing the community interaction.

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WHAT IS THE RESIDENTS ASSOCATION?

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A RESIDENTS ASSOCIATION CREATES A SENSE OF COMMUNITY AND OPPORTUNITIES TO COME TOGETHER AND MAINTAIN THE COMMUNITY THE LEGACY RESIDENTS ASSOCIATION IS AN AUDITED NON-PROFIT ORGANIZATION

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WHO IS A MEMBER?

Every Legacy Resident and multifamily home is part of the Residents Association and each household has one vote for any issue put forward at the Legacy Residents Association Annual Meeting This includes all homes in Legacy including single and multi family homes

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OUR COMMUNITY IS GROWING!

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200 400 600 800 1000 1200 1400 1600 2013 2014 2015 2016 2017 2018 Multi Family Single Family

Year Total Multi Family Total Single Family 2013 168 2014 465 2015 100 803 2016 467 1040 2017 808 1284 2018 1022 1517

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COMMITTEE 2016-2018

The Volunteer Committee had 5 Members Currently the Committee is composed of Bravin Goldade Jared Goldade Duncan Smaill Angie Locking Don Tremblay These positions were decided by way of application after the 2016/2017 AM, a total of 5 applications were received As more and more of Legacy is built the Committee will be transitioned into more resident seats. West Pine Creek Developments reserves the right to appoint a certain number of Committee Members to the Residents Association, based on the remaining inventory.

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COMMITTEE Election 2019

  • This volunteer role entails a two year minimum

term

  • Attending meetings once per quarter and the

Annual Meeting

  • Voting on overall decisions for the Legacy

Residents Association with the community in mind

  • Nominations - If you are interested please

submit your resume and cover Letter to info@legacyresidents.ca

  • Elections – If there is a large number of

applicants then the top 10 applicants as decided by the existing Board of Directors will be posted on Legacyresidents.ca for a vote. If less than 10 applicants are received then the current board will appoint two new members

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RESIDENTS ASSOCIATION Coordinator

  • We are looking for someone to help run the day to day of the Legacy Residents Association
  • Organize events
  • Manage Member registry
  • Manage member communication
  • Coordinate enhanced community maintenance
  • This is part time paid position from 9am to 12pm on weekdays and for events and meetings on

weekends

  • To apply please submit your resume and cover Letter to info@legacyresidents.ca by April 19th 2019
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HOW DO I GET INVOLVED?

  • Sign up for the newsletter
  • Are you interested in volunteering or organizing an event in the community of Legacy? Do

you already organize a group in Legacy and want a place to contact other residents?

  • Please see us outside to sign up for the Community Garden Committee or the Legacy

Residents Stampede Breakfast Committee or share your ideas with us

EMAIL US: INFO@LEGACYRESIDENTS.CA

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WEST PINE CREEK DEVELOPMENTS

Currently West Pine Creek Developments will contribute the resources and facilitation/ planning for any organization of community activities and facilitated land maintenance for the Residents Association after the FAC is completed. In the future a staff member will be hired by the Legacy Residents Association to work along with West Pine Creek Developments to manage its day to day

  • perations through the decision of the Board of Directors

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LEGACY RESIDENTS ASSOCIATION LEGAL OBLIGATIONS

  • FOUR ENTRY FEATURES –OWNED BY THE RESIDENTS ASSOCIATION
  • UPKEEP AND ENHANCED MAINTENANCE OF CERTAIN LANDSCAPING

FEATURES

  • ACCOUNTING AND ADMINISTRATION AUDIT REQUIREMENTS
  • DAY TO DAY ADMINISTRATION

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LEGACY RESIDENTS ASSOCIATION CURRENT PORGRAMS

  • MAINTENANCE OF THE FOUNTAINS IN THE STORM PONDS
  • COMMUNITY GARDEN
  • CHRISTMAS LIGHT DISPLAY
  • TEMPORARY SKATING RINK IN WINTER
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A RESIDENTS ASSOCIATION HANDLES THE ENHANCED MAINTENANCE OF COMMUNITY AMENITIES HOLDING THE COMMUNITY TO A HIGHER STANDARD A COMMUNITY ASSOCIATION’S PURPOSE IS TO GIVE A COMMUNITY A VOICE AND IS OPEN AND VOLUNTARY TO ANYONE

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COMMUNITY GARDEN

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COMMUNITY GARDEN

  • The community garden opened in Spring 2017 with 70 plots, 68 were rented in 2017, 28

were rented in 2018

  • The garden was built and donated by West Pine Creek Developments to the Legacy

Residents Association. Maintenance and Management is done by the LRA (paid for by plot rentals)

  • Plots are available to all of the families of Legacy. The community garden is rented as

individual plots to residents.

  • Visit www.legacyresidents.ca/garden/ for more details on how to join

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COMMUNITY GARDEN

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COMMUNITY GARDEN

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COMMUNITY GARDEN COMMITEE

  • If you would like to become a member of growing the Community Garden and its
  • fferings please email info@legacyresidents.ca to join the Community Garden

Committee or sign up outside

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BOOK TRUCK

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CALGARY PUBLIC LIBRARY BOOK TRUCK

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STAMPEDE BREAKFAST

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STAMPEDE BREAKFAST

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CHRISTMAS SEASON

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CHRISTMAS LIGHTS

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SKATING RINK

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CITY HANDOVER

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WHAT IS AN FAC?

  • A Final Acceptance Certificate (FAC) is granted by the city of Calgary after the developer's

maintenance responsibilities have been met.

  • What does this mean for Legacy?
  • On a phase by phase basis the maintenance responsibility will be handed over to the

City of Calgary

  • The Residents Association may decide to assume the increased maintenance over and

above the City at that point

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WHAT IS THE CITY’S ROLE?

  • The City of Calgary is responsible for a variety of maintenance activities including:
  • Maintenance of light standards, including bulb replacement
  • Street/ Park snow removal
  • Parking enforcement
  • Broken or distressed trees on boulevards
  • Parking of recreational vehicle concerns
  • All traffic signals and signage
  • Sidewalk and roadway repairs
  • Maintenance of green space and ponds within the community

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COMMUNITY MAINTENANCE

  • Legacy Residents Association manages items that are above and beyond what the City of

Calgary would typically maintain

  • This does not include park or pathway or snow removal maintenance
  • The LRA deals with areas in the community that have already been handed over to the City
  • f Calgary. The City of Calgary does some snow removal on walking paths in the community

as per their website

  • In order for the LRA to do snow removal in parks and pathways they would need to take
  • ver all maintenance responsibilities as well as all legal responsibility and liability in the

parks from the City. This would mean increasing fees significantly for each resident.

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FEE INFORMATION

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FEE REVIEW PER MONTH SINGLE FAMILY - $5 MULTI FAMILY $3

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WHY IS THERE A DIFFERENCE IN FEES? Single Family and Multifamily Homes in Legacy have different fees per month due to the fact that they own less land per inhabitant. This has been modelled after other communities in Calgary. After discussion at the 2018 Annual Meeting this was brought to the board to discuss changes in Fees and it was decided to not adjust the fee system to make them the same

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FEE COLLECTION 2018 TOTAL RESIDENTS BY 2018 RESIDENTS 2139 TOTAL PAID UNITS 1,351 in 2018 $90,844.00 TOTAL UNITS UNPAID UNITS 788 $53,595.94 including interest

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Fees to Date

Paid Unpaid

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FEE INFORMATION

Fees are due on an annual basis, June 1st each year

  • Addressed emails will be sent to every household who has registered an email, on May

1st, 2019, households that have not registered an email will receive a letter addressed to the current homeowner of the address, in order to cut down administration costs

  • Online Newsletter to registered residents will be sent out on May 15th, 2019 to remind

that fees are due

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FEE INFORMATION

If fees are not paid on time you will be charged interest. For any delinquent accounts you will be subject to interest and an encumbrance on your title

  • Fees can be paid online, at WestCreek’s Office or by cheque

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FEE EMAIL CHANGE

WHY EMAIL?

  • This means a saving to the LRA of over $3000 per year
  • Better confirmation of receipt of notification and tracking

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WHAT DO MY FEES GET ME IN 2018/2019?

Operation and maintenance of certain recreation facilities and amenities within Legacy (Entry Features, Traffic Circles, Fountains and Enhanced Landscaping) Current Community programs such as

  • Christmas Lights
  • Skating Rink Maintenance
  • Stampede Breakfast
  • Maintenance of Community Garden

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2017/2018 LEGACY RESIDENTS ASSOCIATION COSTS Expenses Year Landscape and Operating Costs Electricity (Includes Fountains, Pumphouse & Christmas Lights) $23,103 Phase 1 Enhanced Maintenance $39,463 Phase 2 Enhanced Maintenance $35,361 Additional Phases Enhanced Maintenance $7,898 Subtotal $105,825 Repairs & Maintenance Reserve Fund $6,648 Events Community Event $14,065 Christmas Lights $12,897 Temporary Outdoor Rink Maintenance $48,873 Subtotal $75,835 General & Administrative $71,257 Total Cost $259,564 Revenue Single Family Contribution $75,347 Multi Family Residents Contribution (844) $31,190 Member and Bank Interest $4,181 Total Residents Contribution $110,718 Community Garden $770 West Pine Creek Developments Contribution $148,076 Total Revenue $259,564 Net Income/ Reserve Fund Contribution

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2018/2019 Budget Legal Requirements of the LRA

Income Resident Association fees Single Family $ 91,500.00

Multi Fam

$ 32,940.00 Member interest $ 500.00 Total Income $ 124,940.00 Expenses Electricity $ 5,000.00

Entrance Feature Landscaping

$ 9,000.00 Property Taxes $ 3,000.00 Repairs and Maintenance Funds $ 3,000.00

General and Administration

$ 77,000.00 Total Expenses $ 97,000.00 Funds Remaining $ 27,940.00

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2018/2019 Budget Enhanced Residents Association Items

Income Balance from Legal Obligations $ 27,940.00 Developer Loan $ 194,560.00 Community Garden Fees $ 2,000.00 Total Income $ 224,500.00 Expenses Electricity (incl. Fountains and Christmas Lights) $ 25,000.00 Enhanced Community Maintenance $ 100,000.00 Community Garden Maintenance $ 2,500.00 Christmas Lights $ 25,000.00 Temporarty Outdoor Rink $ 55,000.00 Community Annual Events $ 17,000.00 Total Expenses $ 224,500.00 Revenue $ -

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LONG TERM RESPONSIBILITIES

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WEST PINE CREEK DEVELOPMENTS

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Developer Subsidization to Date : $367,367

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ARE MY FEES GOING TO CHANGE?

With the increase of residents through build out we have attached a proposed a budget that makes it that fees can stay at the current rate Fee Rates are Your Decision

  • The Residents Association is operated by the residents, the organization has the ability to

decide what the rates are and what they would like to spend it on in the future

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BUILDOUT LEGACY RESIDENTS ASSOCIATION BUDGET

Expenses Year Landscape and Operating Costs Electricity (Includes Fountains, Pumphouse & Christmas Lights) $30,000 Phase 1 Enhanced Maintenance $30,000 Phase 2 Enhanced Maintenance $35,000 Phase Remainder Enhanced Maintenance $50,000 Subtotal $145,000 Repairs & Maintenance Reserve Fund $11,000 Events 4 Community Events $40,000 Christmas Lights & Winter Event $30,000 Temporary Outdoor Rink Maintenance $50,000 Subtotal $120,000 General & Administrative including Staff Member and reserve Fund $81,200 Total Cost $357,200 Revenue Single Family Residents Contribution (4000 x $5) $240,000 Multi Family Residents Contribution (3200 x $3) $115,200 Total Residents Contribution $355,200 Community Garden $2,000 Total Resident Contribution $357,200 Net Income/ Reserve Fund Contribution $ -

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COMMUNITY ASSOCIATION

  • VS. RESIDENTS ASSOCIATION
  • Community Associations are able to raise funds for community buildings,

hold events and are a voice to work with the City of Calgary

  • Community Associations are voluntary
  • A Community Association needs to be formed by residents themselves

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COMMUNITY ASSOCIATION

  • VS. RESIDENTS ASSOCIATION

Interested in joining Legacy’s Community Association? Please visit their Facebook page or visit their table outside

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THE FUTURE

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QUESTION AND ANSWER PERIOD

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CONTACT US www.legacyresidents.ca

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ENHANCED MAINTENANCE FEATURES

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ENHANCED FEATURES AND LANDSCAPING

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ENHANCED FEATURES AND LANDSCAPING

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ENHANCED FEATURES AND LANDSCAPING

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ENHANCED FEATURES AND LANDSCAPING

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ENHANCED FEATURES AND LANDSCAPING

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ENHANCED FEATURES AND LANDSCAPING

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