Stephen Leighton--Vice President
Maureen Dore----Property Manager
CONTACT THE BOARD BY E-mail (click on blue)
CONTACT our Property Manager at: email@example.com
Lexington Lakes office: 772.781.4102
Lexington Lakes FAX: 772.781.3975
The President’s Report
Lexington Lakes is a new small beautiful gated community of 264 predominately owner occupied units in Stuart, Fl. Our monthly maintenance fees have remained fixed over our nine year existance at only $300. These fees pay for : our water, garbage disposal, cable TV, landscaping, insurance, reserves, and security.
The Board has never seen the need to impose a special assessment on ownership. We currently have only three delinquent accounts at our attorney for legal action. Our total assets are $ 1,508,873 about $819,377 of which is being held in our Reserves accounts.
December 2013 - Financial Report: ---The Report shows that our assessment income plus revenues exceeded expenses by $24,760 for the year 2013. This is the sixth consecutive year that your Board has met its operating budget. This surplus will be used to repair broken fences and to upgrade our landscaping. We are having an outside firm conduct an independent financial audit for the year 2013; this report will be available for owners'review in March 2014. Also, the December 2013 financial report is available on the "owner's only"page which can be accessed from this website.
Jerry J Lavish--President