Coronado Village Homeowners Association (CVHOA) Announcement
At a meeting of the CVHOA Board of Directors on 24 Feb. 2005, a recount of votes revealed that there was not an affirmative vote by a majority of the Membership to incur debt and to pursue the dredging proposal presented at the General Membership meeting on 21 Feb. 2005. Although an initial quick count appeared to indicate affirmation, careful integration of new Memberships data by the Board Members showed that there was not a majority of the whole CVHOA Membership giving approval to incur debt.
We have received permission from NCDENR to impound water in Maynard Pond. The valve on the dam was closed on Thursday night, 24 Feb. 2005 and the Board is proceeding with testing of the dam and appurtenant structures.
Board Members will be starting a fundraising campaign to begin collecting funds for dredging work. The Board hopes to be able to do a complete dredge of the pond in the future when enough funds are in the repair fund. We hope that the Town of Cary will be a partner in this work.