MPOA Preservation Fund

The Board of Directors of the Master Property Owners Association has established a restricted use Lake Preservation Fund. The purpose of this Fund is to have the cash reserves available to protect, restore, rebuild, or repair the lake and its associated structures from natural disasters or catastrophic events.

Fund assets will only be used for expenses related to any event that would have an anticipated serious impact on the lake.

Examples include but are not limited to: major dam repairs or failure, tornadoes, flooding, or any other natural or man-made event or situation that threatens the lake and its inhabitants in any way. Costs associated with regular annual maintenance and ongoing repairs for the dam or other areas of the lake are covered by the annual operating budget and not included in this fund.

This fund will be built primarily through contributions and/or a special assessment over time so that a reserve of funds would be available to cover the expenses for a catastrophic event or disaster. Any use of these funds requires MPOA board of directors approval.

The MPOA is asking for contributions to the fund from members and local businesses. You can drop off cash or checks or pay by card at the office. Watch for changes to the website to donate here soon. Our lake is the responsibility of all MPOA members - please help ensure we’re prepared for catastrophes. The board appreciates all contributions.