Cypress Springs Homeowner’s Association

MSBU Presentation

June 21, 2011

CURRENT STATUS

Cypress Springs - Proposed MSBU

• Convert Delayed MSBU Ponds to County Maintained Ponds

• Total Ponds: 17 - Total Acres: 52

4 Ponds Restorations

2011 Assessment per Parcel - $ 173.56 /First Year

$ 103.46 for Pond Restoration (4 Ponds)

$ 70.10 for Routine Maintenance

Future Years in Accordance to MSBU Fee Adopted Schedule

CURRENT STATUS

Pond 6650

Pond 6651

Pond 6653

Pond 6975

CURRENT STATUS

Cypress Springs Retention Ponds Requiring Improvements

CURRENT STATUS

MSBU Retention Pond Date Schedule/ParcelDistrict 232 – Established July, 2005

Cost Cost

FY 05/06 $ 56.30 FY 10/11 $ 67.80

FY 06/07 $ 58.60 FY 11/12 $ 70.10

FY 07/08 $ 60.90 FY 12/13 $ 72.40

FY 08/09 $ 63.20 FY 13/14 $ 74.30

FY 09/10 $ 65.50 FY 14/15 $ 77.00

Thereafter, Annually Indexing the MSBU Rate Increase by Either 3% or the Consumer Price Index (CPI), Whichever is Less.

CURRENT STATUS

County MSBU Services

• Mowing / Trimming (Monthly)• Water Quality – Spray Operations• Restoration / Dredging (Determined by County staff)• Emergency Response 24/7

– Man Power / Equipment• Underdrain Repair• Outfall Structure Repair• Erosion Control

“Operation Functionality”

Cypress Springs Homeowner’s Association

MSBU Presentation

June 21, 2011