Update: Progress on Arrow Lake Dam Repairs

On the chance that you may not have been by Arrow lake lately, It is dry. The impoundment dam on the lake is in need of repairs. Specifically, the corrugated drain pipe has developed leaks, and needs replaced. Although the board has been anticipating this repair and has been diligent to save up for it without raising dues, the costs for repair is higher than we had been planning for. As a result the association’s reserve fund is insufficient to cover the costs for the repair. The cost of repairs is estimated at approximately $47,000 with approximately $22,000 in reserve, which leaves a shortfall in funding of around $25,000.