Jenna Estates 2023 Projects
The following are the projects (in priority order) that the Jenna Estates board will be working on this year.
- Reserve Study ($1,800)
- The state of Maryland recently passed a mandate (house bill 107) that every HOA and Condo Association in the state complete a reserve study before October 2023 if they have not completed one in the last three years
- A reserve study evaluates the Association-owned land and elements to determine a deferred maintenance/replacement schedule and provides a financial projection for the annual reserves account to be able to handle these expenses.
- The mandate requires that each Association’s reserve account be caught up to the financial schedule prescribed in the respective study within three years of the study’s completion.
- The state also mandates each Association obtain a new reserve study every five years to guide reserve fund savings and element repair/replacement.
- Tot Lot (Spring)
- Repaint lines on basketball court
- Refresh mulch
- Repaint lines on basketball court