Dear Sandy Pines Members,
In August of this year, Sandy Pines was contacted for the purpose of being offered the opportunity to purchase the home and lot on the property located at 2769 136th Ave, located immediately west of our property, on which the cell tower is located.
Subsequent to receiving direction from the Board of Directors at the August Board meeting and by way of negotiation, Sandy Pines came to an agreement wherein the Park was able to consummate a closing on September 9, 2019.
Although there are no immediate plans for the lot, it is believed that acquiring this property would be in the best long term interests of the Membership. Additional property, and particularly public road frontage, will likely offer Sandy Pines a number of future options we would not otherwise have the ability to pursue.
The Board’s authority is in compliance with Article IV, section 1; meaning, the property is immediately adjacent to park property and the funds to purchase this property is on hand. As stated in the bylaws, these are the conditions that allow the Sandy Pines Board of Directors the ability to purchase the property.
In addition to this short explanation of the opportunity, the Board of Directors recommends that the Membership wholly approve the purchase of this lot, and their appreciation for the same.
Thank you for your consideration, and as always, please let me know if you have any questions.
Gene Van Koevering