In 1997, control of Bradford Farms was turned over by the Builder to the Community, to be handled by a Board of Directors following a set of Covenants and By-Laws. Each household should have a set of the Covenants and By-Laws that we operate by. Both documents are on our website www.bradfordfarms.com
The 2012 annual assessment will be $160 per household.
In the past 16 years the average annual assessment is approximate $135.00 per household per year.
We are glad to announce that 2012 assessment remains at 2011 level of $160. Even though the cost has gone up we were able to keep the same assessment. Thanks to the volunteers in helping keeping the Community one of the lowest assessments in the City of Madison. There are and have been many reasons why the Board has accomplish these low assessments. Three good reasons are as follows:
For you newcomers the reason why 2006 was so low is that in prior years the Board budgeted for a pond dredging fund. In 2005 we found out that pond dredging is the responsibility of the Town of Madison. The Board of Directors used the $9,000 surplus as a one-time bonus to offset the 2006 budget.
There will be projects in 2012 that will require Community volunteers. I will send out an email blast to all when those occasions arise.
All members of the community are encouraged to attend the board meetings. They are held the third Tuesday of every month at 7:00 p.m. at Madison Assembly of God church on Hughes Road. This is next to the front pond. The success of our community is dependent on your involvement, so I look forward to seeing you at our next meeting.Thank you,
Bradford Farms Homeowner’s Association