An Important Message for Village Council Residents
As your council directors, we will be petitioning the Conservancy Board for a $150,000 five year loan. We will add that loan to $175,000 to be withdrawn from our own reserves. Some $50,000 will be left in our reserves for contingencies,
Our favored bid of three for repaving all of the drives and roads on the Knoll is $325,000.
To provide for repayment of the loan and rebuilding of the Village reserve fund, we are considering a 5.5% increase in fees for the 2021 budget. This will be carefully reviewed in September and October during the budget process.
You are encouraged to attend the Conservancy on line meeting of this Wednesday if your wish to hear the specifics of the request as it is presented to the Conservancy board.
Your Village Council Directors