Lake Improvements / Special Assessments
From 1999 until 2002 the CBCA Board of Directors and other members of the Association worked closely with experts in lake management and water quality improvement to determine what was the best method to preserve and protect our lake for the future.
At the Annual Membership Meeting in January 2000, the General Membership approved a 10 year plan, with an annual $300.00 water quality assessment for all lots. The purpose was to develop a funding source to provide for dredging of silt and organic materials from the bottom of the lake, the construction of additional water wells and the installation of aerators. As more information was gained thru continued research and planning, it became evident that the original 10 year plan was not practical, and an accelerated proposal was approved by the General Membership. This revised plan was implemented beginning after the November 2002 special meeting of the general membership. The more aggressive plan includes draining the lake and the removal by heavy equipment of unwanted material. Work was undertaken in the summer of 2003 with the lake being refilled and ready for boating in the summer of 2004.
The General Membership approved this plan, along with the elimination of the $300.00 ten (10) year special assessment which was replaced by a $690.00 (including interest) special assessment for seven (7) years. The special assessment was due beginning October 1, 2003. Members were encouraged to prepay this cost. If $3,800.00 was paid on or before April 1, 2003, there was NO interest charged. Any member may elect to prepay their remaining balance anytime during the 7-year obligation. This balance will be calculated on a case by case basis, when requested.