Board Approves Funding Plan & Continued Work on I nfrastructure Preliminary Engineering  
At the August Board meeting, the Lakeside Chautauqua Board of Directors formally approved the Infrastructure Engineering Project and a funding plan for the initial work. 
 
After hearing from the community that homeowners shouldn’t bear the entire burden of the project, the Board agreed to split the funding, with $85,000 of the funding designated to come from sources other than the assessment. The Board also agreed that the assessment portion of the funding would be spread over six quarters instead of four, reducing the quarterly increase that homeowners will be billed. 
 
After receiving questions from the community, the project components and deliverables were reviewed from a legal perspective and were found to be consistent with the streets and sanitary definition of the lease.
 
The assessment will temporarily go from 3.08 mils to 4.38 mils, to be billed for the six quarters beginning with the current quarter July-Sept. 2019, billed in October 2019 and ending with the quarter Oct.-Dec. 2020, billed in January 2021. At the end of the six quarters, the homeowner assessment will revert back to the current rate of 3.08 mils.
Details of the Infrastructure Study
Throughout the Master Planning process, the community expressed concern about Lakeside’s overall infrastructure, most notably the streets and storm water system.
 
Improving Lakeside's infrastructure is a complex, long-term and significant project. Laying out an infrastructure plan involves:
  • Outlining the scope of the project and plans for the future
  • Determining a realistic timing of the phases of the project
  • Calculating the expected cost of the project
  • Gathering feedback from the community on project ideas
 
Please note that this type of detailed planning will need to take place for each Master Plan initiative.
Components of the Preliminary Engineering Work 
  • Aerial survey of Lakeside (entire site – 210 acres)
  • Topographical survey of a 3-street corridor (32 acres) involving multiple street types (residential, downtown, program areas, etc.)
  • Video inspection of sewers
  • Geotechnical engineering
  • Preliminary engineering (streets, storm water, etc.)
 
In addition to the project components, Lakeside hired a Senior Vice President of Municipal Services to manage the study as part of the overall responsibility for municipal service functions. The funding for this position will be partly covered by the funding for the preliminary engineering project, with the remainder being covered by the operating budget. 
Deliverables of the Preliminary Engineering Project 
  • Summary report of existing conditions, proposed improvements, alternatives and recommendations
  • Plan and profile sheets
  • Public and private utilities disposition, including relocation and/or burial
  • Lighting layouts and fixture selections
  • Typical street sections and materials
  • Typical intersection plans
  • On-street parking configurations, curbs and crosswalks
  • Major and typical traffic sign locations 
  • Phased construction recommendations including budget costs
Timeline of the Preliminary Engineering Project
The Board reviewed a timeline of the preliminary engineering work. Preliminary work with the aerial survey and hiring of the Senior Vice President of Municipal Services began earlier this year. The aerial survey needed to be conducted before the trees of Lakeside grew leaves this past spring. The remaining survey and engineering work will be completed in the fall and winter of 2019-2020.

Phased Improvement Plan
The results of the preliminary engineering work will be an infrastructure improvement plan with phased construction and a long-term funding strategy. This phased improvement plan and funding plan would be presented to the community, currently targeted for the summer of 2020, with plans being finalized after the community has had a chance to provide feedback.
Board Accepts 2018-2019 Audit Results
The Audit Committee of the Board presented the results of the 2018-2019 financial audit. Lakeside received a clean opinion with respect to their consolidated financial statements for the year ending March 31, 2019. The audited financial statements can be found on the website under the “State of Lakeside” page.
In the spirit of Chautauqua,
Lakeside Chautauqua, President/CEO
Kurt Geisheimer
Lakeside Chautauqua Board of Directors, Chair
Lakeside Chautauqua
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