NOTIFICATION FROM YOUR BOARD OF DIRECTORS
Dear Beaver Lake Association Member,
In February 2024, the Board launched a comprehensive initiative to update our covenants with the goal of achieving the following:
- Protect our access lots by requiring member approval before any potential sales.
- Renumber access lots sequentially around the lake for clarity and consistency.
- Rezone two reserve lots on the north side of Rock Bluff Road as residential equestrian lots.
- Sell those two equestrian lots, along with four additional undeveloped residential lots that are currently maintained by the Beaver Lake Association (BLA).
The purpose of selling these lots is threefold:
- To raise immediate funds from the sale,
- To bring in future dues’ contributions from the new owners, and
- To eliminate the ongoing maintenance and tax obligations currently covered by BLA.
Some elements of this initiative have already been approved and implemented. The question of whether to sell three of the remaining residential lots (462, 719, & 968) will be included on your May 2025 ballot.
How to Vote:
- By proxy via email: Register to e-vote by Friday, April 25th for each lot you own by visiting https://www.beaverlakene.org/register-to-e-vote/
- In person: Vote at the clubhouse on May 18, between 1:00 and 3:00 PM
This winter, a major culvert in the southwest cove collapsed unexpectedly. Costs for this repair and the necessary repairs to our dam could exceed 7 figures.
Proceeds from the residential lot sales will be used exclusively for necessary dam and/or southwest culvert maintenance projects. If the membership votes in favor of the lot sales, the revenue could mostly—or even fully—cover the repair costs.
However, if the membership votes not to sell, the cost of these critical infrastructure projects may need to be funded through an assessment of association members.
Thank you – BLA Board of Directors