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Proposed:
Said assessment may be collected by suit, and by enforcing a special lien on said property. All delinquent assessments shall accrue a penalty of 2% per month compounded annually, which penalty may be collected and enforced the same as assessment. All delinquent assessments referred to a collection agency or attorney for collection, shall in addition to interest, have added to the outstanding balance, all costs of collection (either percentage or otherwise), attorney fees and costs of litigation, which may likewise be collected and enforced the same as provided herein.
Reason:
Late fees are below current market rates. This ballot item stands separate from ballot item 5.
Proposed: The Raintree Plantation Property Owners Association, Inc. on July 1, 2025, and monthly thereafter, shall have the right to assess the owner of each lot such sum as it shall deem proper. The funds raised by said assessments shall be used for the improvement, betterment, upkeep, and maintenance of the development, including the amenities, lakes, dams, roads, park, or other properties which are of use to the property owners in Raintree Subdivision. Said fund can also be used for the purchase of property, both real estate and personal, the payment of salaries and fees, and purchasing of any sort of materials, services, or any other item that the trustees may deem useful for the development known as Raintree Plantation.
•Up to 2 Total Lots without Residence – $50 per month
•Up to 2 Total Raintree Forest Lots without a Residence – $100
•Up to 2 Total Lots with a Residence – $100 per month
•Up to 2 Total Raintree Forest Lots with a Residence – $150 per month
•Up to 3 Total Lots without a Residence – $125 per month
•Up to 3 Total Lots with a Residence – $125 per month
•More than 3 Total Lots without a Residence – $150 per month
•More than 3 Total Lots with a Residence – $150 per month
•Raintree Condominiums – $300 per unit annually (contracted at 50% of a lot without a residence rate)
•The definition of a lot is based on how Raintree Plantation POA recognizes lots per the original development plot maps.
•The assessment covers all lots owned by the owner under a common name on the deeds, up to eight (8) lots; up to (2) lots for Raintree Forest. Multiple residences in a common deed name are assessed per residence. Excess lot ownership will start another assessment at the appropriate level for the lot owned.
Lots that are not commonly named on the deed represent a separate vote and thus a separate assessment.
The all-in assessment will include:
•road replacement and maintenance
•bio-dredging for all four lakes
•improved security
•no charges for stickers (documents will continue to be required)
•no charges for the Pavilion rental (deposit will continue to apply)
•construction bonds will be fully refunded, upon satisfactory completion of the project per the ACC approved plans, without any administrative fees, except for new home construction, seawalls and boat houses
•enhanced online tools for property owners will be available
The new revenues will be spent per the five-year+ financial plan, assuming adequate assessment payments are collected. In the scenario where inadequate assessment payments are collected the POA Board must adhere to the minimum expense spent on the following amenities.
These Covenants will be changed accordingly with the majority vote of Ballot Item 5. These Covenants do not change if Ballot Item 5 does not gain a majority of the membership vote.
Covenant 3, 3a, 3i
(i)
Levy a Censure Assessment (Censure Assessment as used in this section shall mean an assessment subject to lien against the Owner’s land, directly related to violation of Covenants, restrictions or rules and regulations), after notice and opportunity to be heard, for a violation of the Governing Documents in such amount as the Board deems reasonable and in keeping with its predetermined published violation grid, taking into account the nature, duration, and other circumstances of the violation, but not to exceed $1000.00 for the violation and not to exceed $50.00 per day or per incident that the violation continues after notice and opportunity to be heard. Any unpaid Censure Assessment shall be additive to annual monthly assessments and be enforceable in the same manner as other assessments under these Covenants and Restrictions
3g
The Board may submit a proposal for a Special Assessment to the Owners when there is a need for additional funds to preserve common property or to protect the interests of the community which shall be voted on pursuant to the methods set forth in Paragraph 4b. Voting may be at the annual meeting or a special meeting. The proposed Special Assessment shall identify the dollar amount, period of time and use of the proposed Special Assessment. Any and all Special Assessment funds shall be held in a separate designated account and shall only be used for the specific purpose. Upon approval by the membership, the Special Assessment shall be due no later than 90 days after written notice of said Special Assessment. Collection enforcement for nonpayment of special assessments shall be the same as those for annual monthly assessments under these Covenants and Restrictions.
Reason:
Budgetary items at large.
•Approximately $12,000,000 to get roads up to standard. Once complete ~10 years, there will be a $200,000 – $500,000 need for maintenance.
•Approximately $1,500,000 to get the lake treated properly. This can be paid upfront or over a 5-year period with interest. The cost after implementation would be reduced cost for maintenance and support only approximately $125,000/year.
•Security:
o $150,000 per year for security guard during evening and off hours. or
o $250,000 per year for security for 24/7 guards.
o $150,000 Upgraded Gates and Entrances with Enhanced Access control.
o Approximately $35,000 for Enhanced Camera support working with local police/government.
•Expense unknown – Catch basins for major waterways to lakes.
•If the All-In passes there is more room for donated products and labor for amenities or upgrades to Raintree if desired.
•Possible additional amenities:
o Expanded Beach
o Beach parking
o Storage lot for boats, trailers, and RVs
o Upgrades to live stream meetings
o Playground
o Upgrades to camping sites
o Mini Marina – short term storage, ice, fuel, etc.
Proposed:
The Architectural Control Committee shall be established and controlled by the Raintree Plantation Property Owners’ Association, Inc., or its successors and assigns. All plans and specifications must be approved by the Architectural Control Committee before building operations are started including but not limited to lot preparation for construction, road cuts, utility hookups or the like. There shall be no restrictions as to the cost of any residence, building or structure, but complete plans and specifications must be submitted for the approval of the Architectural Control Committee.
All building and construction in Raintree Plantation shall require a building permit issued by the Raintree Plantation Property Owners Association, Inc. The Board of Directors may, at their discretion, establish a regulatory policy to set the fee for the permit but same shall not exceed $7,000.00 $8500 per individual residence, divided between a maximum of $5000 from the property owner and $3500 to be paid by the builder for road cut repairs. The fee payment must be submitted in cash or equivalent to the Raintree Plantation Property Owners Association, Inc.’ s business office prior to the start of construction on any lot and the RPOA shall retain a portion of such bond permit, not to exceed $3000 $4, 500.00 for the Property Owner portion, to be placed in the general revenue funds Roads Fund for the purposes of assisting in the funding of capital improvements for the infrastructure such as roads, culverts, bridges, etc., affected by construction and refund the balance $2,500.00 of such $5,000 $7,000.00 bond. In addition, the RPOA shall retain a portion of the builder portion of the bond permit, not to exceed $1,000 $2,500 to be refunded twelve (12) months after road cut has been completed if the road cut is done satisfactorily. Or $3,000 if the If Roadcut is not satisfactory, the $2,500 portion is to be placed in the Roads fund for the purpose of repair of road crossing cuts and other damage to Raintree roads. Any owner, owning multiple lots shall comply with this requirement irrespective of the number of deposits, which have already been secured with the Raintree Plantation Property Owners Association, Inc.’ s business office. All buildings and landscaping must be completed within nine (9) months from the time of beginning construction (“beginning construction” shall be construed as no longer than three (3) months after plan approval), with a total limit of twelve (12) months to obtain an occupancy permit.
