2022 Pool Renovation

The Nashaquisset pool is rapidly approaching the end of its expected useful life, and without meaningful repair there is risk that it may not pass inspection by the Board of Health in coming years. We have finally identified a contractor, Oceanside Pools, to make the necessary repairs and improvements this Fall 2022 (hopefully in the month of October). The entire surface of the pool interior will be re-plastered and resurfaced with a pebble-tec finish; the red brick coping will be replaced with more modern bluestone pavers and the tiling just below the bluestone will be replaced as well. Other improvements and the details of the necessary homeowner assessment are described in the Q & A below:
 
Q: WHY IS THE BOARD INCURRING THIS LARGE POOL EXPENSE?
 
A: The pool is over 30 years old, and while we have maintained it as best we could, it is looking tired and its structure needs significant attention. There are cracks in the plaster sidewalls that we have epoxy-painted numerous times, but now it is time to replace the plaster itself. Likewise, the skimmers, those three inlets you see at the sides of the pool water surface to let water and surface debris flow out of the pool, are losing their functionality and have been cited by the health inspector. In addition, the tiling at the water’s edge is starting to fall off. Finally, tastes in pool surface have changed and we will change out the color and texture of the pool to a more modern “slate” pebble-tec design. We plan to restore the pool lights to working condition, as well as the perimeter ground lighting at the pool fences, and generally enhance the pool area. The Board feels that these improvements will support home values and rental appeal.
 
Q:  PLEASE EXPLAIN HOW THE ASSESSMENT WILL BE APPLIED
 
A: Every homeowner as of August 18, 2022 will be subject to the assessment. On average, the assessment will total $2,500 per home, but the actual assessment for each owner will be allocated in proportion to share ownership, so that some homes will be assessed slightly more than $2,500 while others will be assessed slightly less. All homes will be invoiced over five successive quarters in equal installments beginning with the 4th quarter invoice due October 1, 2022 and ending with the 4th quarter invoice due October 1, 2023.
 
Q: WHAT HAPPENS WITH THE ASSESSMENT IF I SELL MY HOME IN THE NEXT FIVE QUARTERS?
 
A:  Homeowners as of August 18, 2022 are liable for the full $2,500 (average) assessment. If they choose to sell their Nashaquisset home, the remaining balance of assessment, if any, will be due and payable from the current owner to the Cooperative upon sale, and seller and purchaser of the home should take that liability into consideration when negotiating their purchase price.
 
Q: WHY MAKE THE POOL A PRIORITY? WHAT ABOUT THE DRAINAGE PROBLEMS, THE FARMHOUSE IDEAS, AND THE ROAD RESURFACING?
 
A: The Board feels each of those projects is important, but we believe the pool needs are most urgent; we have been lucky enough to find a contractor to do the work right away; and the cost is small enough that we can accomplish the pool project without having to borrow externally and with minimal invasion of our reserve fund. The other projects are larger, more costly, require identifying available contractors we do not have at this time; and may require extended discussion among the community before implementation.