What amenities does the Golf and Country Club have?
Golf & Country Club amenities include: an 18-hole golf course; lighted, clay tennis courts; a Junior Olympic size swimming pool; full service restaurant; "The Pub;" and an outdoor wedding/special event venue. All offer a great social environment and community meeting place for our residents. The club is privately owned and all residents have access to tennis, pool and clubhouse facilities as part of their quarterly fees.
Where is Magnolia Point in Florida?
Magnolia Point is a gated residential community nestled in the beautiful live oak forests of northeast Florida and home to the Magnolia Point Golf & Country Club. We are located in the charming and historic city of Green Cove Springs, FL.
Is Magnolia Point a non profit?
The Magnolia Point Community Association (MPCA) has been in existence since 1986. The Association is incorporated as a Florida Corporation Not-for-Profit. Development of the community concluded in 2018 with 966 lots and developer control transitioned to the Association's Members in March 2019.
Why do you need a copy of the operating financial statement of a HOA?
You should acquire a copy of the HOA's operating financial statement so that you understand how the HOA fees are being allocated and ensure the reserve fund is adequately funded. Reserve funds are used for large projects such as replacements or repairs within the homeowners association.
What are reserve funds used for?
Reserve funds are used for large projects such as replacements or repairs within the homeowners association. The funds usually have strict criteria for how they are to be used. The criteria is based on the HOA community rules and regulations, bylaws and accountability. Some examples of reserve fund use are: 1 Playground equipment, clubhouse, neighborhood parks, tennis courts 2 Replacing fencing in HOA controlled areas 3 Painting of community association buildings 4 Repairs on community pools and spas such as new pool pumps, pool heaters, pool deck repairs or refinishing etc. 5 Construction and major renovations such as sidewalk projects and private roads 6 Major landscape projects 7 Roof replacement on common area buildings such as clubhouses and condominiums
Who signs all contracts and other written instruments?
The president generally signs all contracts and other written instruments and co-signs all checks and promissory notes. Vice-President: The vice-president acts in the place and stead of the president in the event of his absence and exercises other duties as may be required of him by the Board.
What is a Declaration of Covenants?
The Declaration of Covenants is a legal contract between the Developer and the buyer that specifies certain rights, liabilities, and commitments governing the use and occupancy of the property. The Declaration of Covenants runs with the land, is conveyed to new owners at closing, and Florida law presumes that each owner and all subsequent owners of the property have knowledge of its provisions.#N#As homeowners in Magnolia Point, all have agreed to abide by the Declaration of Covenants. The Declaration protects the community's property values and homeowners' quality of life by providing architectural harmony and preventing unsightly appearances and nuisances. These are important rights and benefits, and most homeowners abide by them and want them enforced.
What is the right of an association to approve a plan?
Approval: In accordance the the governing documents, the Association has the right to approve or refuse approval of any plans, which in its opinion, are not suitable , desirable , or compliant with the Association's covenants and/or related guidelines . 3.
Does the Community Handbook represent the Declaration of Covenants?
The following excerpts from the Community Handbook do not represent the Association’s Declaration of Covenants in their entirety. The Association’s Governing Documents always take precedence over this representation and the Community Handbook itself.
Is Florida Statute 720 enforceable?
Our Covenants are enforceable. Florida Statute 720 provides that each Association member and the member's tenants, guests, and invitees are governed by, and must comply with, the covenants and the rules of the Association. Actions at law or in equity, or both, to redress alleged failure or refusal to comply with these provisions may be brought by the Association or by any member against:
Is Magnolia Point a prestigious place?
As long as we homeowners keep thinking "We" and not "I", Magnolia Point will continue to be considered one of the more prestigious places to reside in the area.
Do people hate covenants?
Some people hate covenants. Some accept them and some love them. Regardless of your thinking, studies have found that when in the market for a new home, it is best to look for a community with rules and regulations; i.e. covenants. The more realistic and comprehensive the rules, the more desirable the community will be. In this season of resolutions, we all must continue to resolve to respect the covenants and the rights of our neighbors. Only through cooperation and respect can we continue to maintain and enhance the appearance of Magnolia Point.
