top of page

Capital Contribution Ballot Passes

We’re pleased to announce that the recent ballot proposing a $2,500 capital contribution for new owners has officially passed with 72% affirmative votes. This outcome reflects a strong commitment from our community to invest in long-term improvements and financial stability.

What This Means

The approved contribution will apply to all new owners moving forward, helping to fund essential upgrades, reserve planning, and shared infrastructure. It’s a proactive step toward maintaining the quality and sustainability of our property.

Next Steps

  • Legal Drafting: We are now working with our legal counsel to formally draft the amendment.

  • Bylaw Integration: Once finalized, the contribution policy will be incorporated into our governing documents.

  • Implementation Timeline: Details on enforcement and rollout will be shared once the amendment is complete.

We appreciate everyone’s participation and thoughtful engagement throughout this process. Your support ensures our community continues to thrive.


Sincerely,

Crystal Blanton Property Manager

 
 
 

Recent Posts

See All
Yankee Swap

MARK YOUR SOCIAL CALENDAR ...... Thursday, December 4, at 7:00 p.m., in the Function Room for a fun evening with lots of laughs and good camaraderie with neighbors and friends at our Annual Yankee Sw

 
 
 
Bingo Cancelled

We regret to inform residents that Bingo Night has been cancelled for tomorrow, October 21st due to unforeseen circumstances. We apologize for the inconvenience and appreciate your understanding. Than

 
 
 
Mailroom/FrontDoor Camera

We’re aware of the lobby camera outage and have already had Comcast and our camera vendor assess the issue. The current system relies on outdated technology, which has complicated recovery efforts. We

 
 
 

Comments

©2021 by Ferncroft Tower Condominium Association, LLC

bottom of page