Amenity Administration Principles
|13 May 2024
|CCRE Article 1, Section 1.5
|Association Amenity principles have been established to provide…
|All Amenities will be administered within a common framework structured by Amenity Tier and Fee Basis.
|Certain costs for Association Amenities will be borne by all property owners (Basic costs) while others will be paid by the users (Fee for Service costs).
1. Amenity Tiers – Amenities will be classified into one of three Tiers:
2. Association Amenity Costs and Fee Basis – The following criteria will be used for all amenities to determine Basic versus Fee for Service costs for property owners…
3. Amenity Fee Oversight
|A consistent cost-based methodology will be used to price Fees for Service for property owners for all Tier II and Tier III amenities. Fees for Service for non-property owners may be priced at or above property owner rates.
|Fee for Service Revenues realized in excess of cost for any amenity will only be used to offset costs (current and projected) associated with the amenity for which the fees were charged or costs of other directly related amenities.
1. Incremental Costs – Fees for Service for Tier II Amenities will be based on Incremental Costs for equipment or services provided above those specified as Basic.
2. Full Cost – Fees for Service for Tier III Amenities owned by the Association will be based on the Full Cost of the amenity. Full Cost includes costs related to acquisition and improvements, operations, maintenance and administration.
3. Deposits – will be utilized to minimize the risk of user default on payment for fees for Service and will be based on the potential cost to the Association.
4. Incremental Revenue – Amenity fees will be based on costs, however, a nominal profit component (Incremental Revenue) may be included in some Fees for Service. Incremental Revenue will be used only to offset costs associated with the amenity or costs of other directly related amenities (e.g. Marina Slip Fee revenue in excess of Marina costs may be used to offset operating and maintenance costs of the Lagoon System [a directly related amenity], but not other community expenses).
|Approval of Major Improvement projects for new amenities or additional capacity / features to existing Association Amenities will be based on consistency with the Queen’s Harbour Vision and one or more of the following…
1. The benefit of the project to the broad base of the community (not driven by external usage)
2. Comparability of the project with amenities offered by benchmarked gated communities.
3. Original intent of the amenity (for expansion of capacity or features)
4. Ability of the project to be self-funding.