Balance Sheet as of 12-31-2019
Message from longtime resident, Dan Roberson regarding the history of the River Oaks POA
I believe many River Oaks property owners are uninformed or misinformed about the River Oaks POA. I have purchased land and built about a dozen homes in River Oaks, from the very first phase through three fourths of the development. For one, the POA did not run out in the 80s. I built one of the first homes in the subdivision in 1986. The lot had Covenants and Restrictions (C&R) to run for, I believe, 40 years. All plans had to be approved by the POA, who happened to be the developer. The builder and original home owner were subject to the C&R, as well as subsequent home owners for the term, unless amended by vote of the River Oaks Property owners. From the time the development started until the final phases was a period of over 25 years, and each phase has its own C&R from the time the development plans were filed at the courthouse. I recall conversations with the developer about the maintenance and cost of the com...
