Detention Pond Update
Neighbors, We have recently received the engineer's findings on the conditions review and failure of the Longhorn Trail detention pond resulting from the storm on May 19-20.
Good afternoon, Neighbors, We have recently received the engineer's findings on the conditions review and failure of the Longhorn Trail detention pond resulting from the storm on May 19-20. We have shared that file with the Board of Directors as well as the insurance company regarding the ongoing claim which is still being processed.
Our next steps are to have additional conversations with insurance as to coverage amounts and limits, while also getting qualified contractors to bid the demolition and reconstruction of the detention pond. Depending upon the total amount of insurance proceeds, the Association may need to secure additional funds to pay for the reconstruction of the pond, whether through a special assessment, soliciting a loan, or a combination thereof.
We will continue to update you as things progress, and appreciate your patience and grace in the meantime.