... along with the 'recommended' condo fee; an increase of $30 to $510/month with $15 going directly to Reserves (the fund the May Election's Petition candidates said was in desperate need of action needing to be taken to raise it to the auditor recommended amount of $1 Million; balance as of the most recent Board Meeting was $392,000). Much review has occurred of the 2012 Proposed Budget and Reserve Schedule 'numbers' and there are so many areas The Colonies could save (and, yes earn) money. Many ideas have been proposed previously and, as usual, the Administration opts to live in the 1950's and rebuffs co-owners and employee suggestions!
Come to the Annual Budget Hearing Wednesday, October 26, 2011 at The Colonies Clubhouse (you know the building - the one with $5,000 allocated for 2012 for expense and repair) at 6:30 PM. Let me warn you though, last year's meeting was with a dictator sitting at the front of the room barely taking feedback from co-owners. A team of co-owners came prepared with charts that also had questions and distributed them to various people at the hearing - let's hope they return this year! We, as co-owners, need to work together!
The Colonies at McLean, a 459-unit gated condominium community near Washington, DC in McLean, VA of Tysons (Fairfax County) within walking distance of McLean silver line MetroRail station, Scotts Run Trail, Tysons/Old Meadow Road Bike/Pedestrian Trail and Much More. It is professionally-managed by Barkan Management Company, Inc. (https://www.barkanco.com/). Controversy occurred causing co-owners to question Board of Directors practices, financial activities and Management inefficiencies.
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