Holiday Island, Ark. - The Holiday Island Suburban District (HISID) held their regular monthly meeting on February 22 at the District Office. All commissioners were present and approved the agenda.
Carroll County Sheriff Bob Grudek made an informal stop to check on the community and see if there were any issues to address. He announced that the mortgage on the new jail will be paid in full this year.
District Manager Kevin Crosson presented an update on the new Wastewater Treatment Plant progress. Due to winter weather conditions, a time extension was necessary for painting the facility. There will be an engineering fix to the mixers, which are submerged due to clogging at the headwaters. The design problem was addressed before construction and it has become apparent that the adjustment to mixer specs will be necessary. The cost of this fix is approximately $40 - $50 thousand and the amount was included in the original budget plan.
The topic of approving the high school to utilize the 18- hole golf course once again for their annual high school golf tournament was approved unanimously. The event is scheduled for August 26, 2010.
The risk management services agreement was approved unanimously.
The board made a motion, which unanimously passed, to informally discuss the the draft proposals for user fees for Holiday Island clubs and organizations.
After much discussion from the board, club officers and club organization members; Commissioner Linda Griswold made a motion to hold an informal public meeting for the community homeowners to discuss this one topic further. The motion died for the lack of a second on the motion.
The HISID BOC has repeatedly discussed this topic at work sessions and monthly meetings. It was announced today, March 12 that this topic will be on the agenda for the work session scheduled for March 15.
Assessment collections are delinquent, which represents 25 percent of the operation budget, said District Manager Kevin Crosson.
Crosson further announced that National Recreational Properties Inc. (NRPI) owes on 940 properties for 2009 and has not paid their Carroll County taxes for 2007, 2008 and 2009. There are an additional 350 lots that have not paid their 2009 HISID assessments.
In Other Business, it was announced that the Marketing Budget for 2010 includes a distribution fee for the Holiday Island News. Crosson reported that the district had purchased two more domain names:
holidayislandgolf (dot) com and eurekaspringsgolf (dot) com.
These domains were purchased in October 2009 and expire in October 2010.
Crosson also announced that The District has an agreement with Tom Dees until October 2010.
At the previous week's work session on February 17, Holiday Island Development Corp. President Tom Dees gave a presentation regarding foreclosures, NRPI, future marketing and stated, "This is the most serious meeting that we've had if you listen."
There were less than 10 building permits issued in 2009. Dees lined out three reasons people buy in Holiday Island and the very first reason is because it is exclusive. This is no longer true for Holiday Island since the board opened the golf course to public play.
Dees' other points were for investment and long term livability ownership. He announced that he did not sell a single lot in 2009.
"You either sell something or borrow money," he said.
Dees stressed the original Property Owner Referral (POR) program, which was the basis for the development of Holiday Island. Dees owns The Park, a business shopping area that services a wide segment of Arkansas and Missouri residents. He commented that this business venture was still in the red. He encouraged others to place ads as he has done. Getting the word out is the first hurdle.
It is his speculation that the District will get back 1,200 - 1,500 lots. Everyone is anxiously waiting to see if Capital Source, the management company for NRPI, will meet the March or April deadline to pay the back county taxes. If not, the county will be forced to foreclose and relinquish the property to the State of Arkansas. The State will be forced to hold the property for another two years.
Dees brought Tommy Kirk, who handles stressed properties throughout the State and Susan Clark from Stuart Title of Arkansas was also available. The group of three provided lots of information and answered many questions.
With over 40 years experience as a developer Dees expressed that he was at the work session to tell the board what he thinks and "if NRPI pays - it is a short fix."