NOTICE TO MEMBERS - 2018 Budget and Assessment Information

On Thursday, November 16th at 7 PM, the DCCOA Board of Directors held its November 2017 Meeting at the Northeast Florida Association of Realtors (NEFAR) Offices at 7801 Deercreek Club Road. On the Board’s Meeting Agenda for review and passage was the Association’s 2018 Operating Budget. The 2018 Operating Budget was approved and will result in an increase in the Operating Assessment from $330.00 per quarter to $360.00 per quarter effective January 1, 2018.

The Board also approved a preliminary budget for reconstruction of the Guard House and the project cost will be funded from the Capital Reserve Account versus a Special Assessment. 

Frequently Asked Questions (FAQ’s)

Q.  Why is the proposed Special Assessment different for Edgewater than Deercreek?

A.  Edgewater at Deercreek is not a sub-Association of Deercreek Country Club Owners Association but rather a stand- alone HOA located inside the Deercreek community gated entry. Edgewater has its own Board, its own by-laws, and its own Declaration and governing documents. The only Edgewater oversight DCCOA currently manages is their ARB process. When the Board approved Edgewater’s request to locate inside the Deercreek community entry, a stipulation for that approval was for Edgewater Members to pay 75% of the Deercreek Operating Assessment as amended from time to time. There was also a further stipulation condition that any DCCOA Board-approved Special Assessment that was for a capital improvement involving the Gate House, the roadway from the Gated House to Southside Boulevard, or the Deercreek fountains, would also include Edgewater Members, which was assumed to be at the same 75% ratio when the Special Assessment Notice was first posted.

However, the Special Assessment Notice was in error with reference to the Edgewater levy in the Notice being at $140.00 versus the Deercreek Member Assessment being at $175.00. The initial Special Assessment Notice was posted prior to receipt of Jackson Law’s review and report on Edgewater’s Declaration.  Jackson Law has advised that any Special Assessment to be levied on Edgewater Members for reconstruction of the Gate House would have to be at the same uniform level as paid by Deercreek Members - $175.