Learn More About the Sea Pines Referendum

Property Owners

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A Letter from Larry Movshin, CSA Board Chairman

October 30, 2020

Dear Sea Pines property owners,

Earlier this week, I communicated that the CSA Board of Directors voted to pursue a simple referendum to increase the residential property owners’ annual assessment as our primary source for long-term critical infrastructure funding. Over the course of this month, the CSA Board read your emails, comments and questions concerning our decision to pursue a Special Tax District – we heard you loud and clear. And since our decision to hold a simple referendum, the Board has been excited to receive renewed feedback of enthusiastic support for the $600 assessment increase – illustrating a spark of light at the end of the infrastructure funding tunnel.

Additionally, the Resort has voiced its desire to support the community by participating in this referendum, and I am pleased to report it has agreed to increase its assessment by an additional 25 basis points starting in 2022, representing a 50% increase in its annual assessment obligation. We are also continuing to work with commercial property owners on their contribution so that we can finalize the referendum terms and announce a ballot date at the November 17 Board meeting. Our goal is to hold a successful referendum in December.

To maintain this positive momentum, the Sea Pines CSA Staff has created a single online resource that provides information regarding the community’s funding deficit and the referendum. Please visit www.seapinesliving.com/referendum to see this new information as well as a list of frequently asked questions (FAQs).

As always, I urge you to seek accurate and whole information, and to email comments@csaseapines.com with any feedback or questions that are not addressed in the online resources.

I also want to remind you that we mailed out ballots for this year’s CSA Board election this afternoon (Oct. 30). Five candidates have offered their time and talents to serve on our Board for the next three years. I urge you to review the information that each of them has provided at www.seapinesliving.com/csaelections. I hope you will take the time to vote in the CSA Board election.

 

Sincerely,

Larry Movshin
CSA Board Chairman