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The Oak Creek Board Meeting has been scheduled for March 8, 2023 at 7:00 PM via Zoom. Please check your email for the link to join.
Katy, Texas, September 1, 2022 — Inframark, LLC, a leading provider of integrated community management services across the U.S. for over 40 years, announced today the successful acquisition of Certified Management of Austin (CMA). CMA is a preferred provider of financial, administrative, and support services within the greater Austin, Texas market, serving 39 communities and more than 6200 residential units. CMA is the second company to join the company’s impressive Community Management portfolio, as well as the 7th overall completed transaction for Inframark since the start of 2021. The acquisition closed on August 31, 2022. The financial terms of the transaction were not disclosed.
According to Jim Irwin, Inframark’s SVP of Corporate Development, “The acquisition of CMA grows Inframark’s Community Management division in Austin by 300%. This investment demonstrates our commitment to aggressively expand our Community Management division via complementary acquisitions in markets of interest.” This transaction furthers Inframark’s commitment to building on its rapid organic growth in Texas and Florida while providing access to additional geographic markets across the United States. Chris Tarase, Inframark Vice President of Community Management, states, “CMA was selected because of its shared culture; valuing employees and being fully committed to providing best-in-class customer service to clients. We welcome CMA and its clients into our team of highly trained professionals who are honored to earn our customer’s trust and business each day. Our partnership, communication, and collaborative culture will only strengthen with CMA.” Lu Fonteno, Owner of Certified Management of Austin (CMA), stated, “I conducted an extensive search for the right partner to trust my clients and employees to and decided on Inframark because of their alignment on culture and approach to providing excellent service and support to our clients and employees. I am excited about the future and trust that my clients and staff are in good hands.” About Inframark Inframark, LLC (www.inframark.com) is a standalone American infrastructure services company focused on the operation and maintenance of water and wastewater systems, management of community infrastructure, and back-office services. With more than 40 years of experience managing water-related infrastructure, the company employs 2,500 people serving more than 400 clients in 21 states. Its North American operations manages facilities that can treat a billion gallons of drinking water and wastewater daily. It also manages 10,000 miles of wastewater collection and water distribution networks. Its infrastructure management services group serves 220 clients with financial, administrative, and specialized support services. About CMA Certified Management of Austin (https://www.cmaaustin.com) was created in 1986 and, at that time, was one of the only companies in the Austin area managing community associations. Since 1986 CMA has built a portfolio of 39 served communities throughout Austin. In May 2008, the company was purchased by Lu Fonteno and continued as a local, and family-owned business. CMA’s staff of professionals takes a personal interest in each association they manage. Currently, the Company employ four full-time managers, all of whom hold various designations through CAI, two office administrators, an accounting bookkeeper, a maintenance coordinator, and one roving maintenance person. Miguel Garcia, the community liaison for the Oaklands HOA, has reached out about the recent sale of the Sauls Ranch. The Oaklands have 10 properties that back up to the Sauls Ranch as our HOA has 52 properties. The Oaklands residents are wanting to combine efforts to negotiate with the City, County, and Development Company. Please reach out to him directly at OaklandsHOADevelopmentInput@gmail.com for your thoughts, ideas, and concerns.
DATE: January 19, 2022
TIME: 7:00 PM LOCATION: Oak Creek Clubhouse a) Establish quorum b) Approve minutes from Dec. 8, 2021 and Oct. 18, 2021 Board meetings c) Homeowner Forum – 3 minute limit per owner d) Oral summarization of items approved via conference call, email vote, or other permitted method since last meeting. Motion and vote to ratify actions taken outside of a meeting since last meeting: Email vote for KAH Contract for $15K e) Presidents reports f) Treasurers report g) Manager’s report Handled day to day operations Provided financial reports Performed monthly property inspections Processed ACC requests Fielded and resolved Homeowner inquiries Maintenance performed porter duties Working with landscaper concerning irrigation issues Continued to work with claim adjuster, to receive payment shortly h) Old business Approve Legislative rules update
Looking to change the violation notices from 3 to 2. (remove the courtesy notice) Schedule the return of deck furniture Discuss scheduling extra drive through during summer months. Renovation Updates from Stephanie Confirm next regular Board meeting II. Executive Session III. Executive Session topics may include: a) Delinquencies - Matters involving the invasion of privacy of individual owners IV. Report out of Executive Session V. Adjourn Dear Homeowners,
The Board of Directors of Oak Creek Homeowners Association has reviewed the 2022 budget and expenses and determined that there will be an increase in assessment fees in 2022. The monthly assessment for 2022 will increase by $1.40. The new monthly rate effective January 1st will be $29.40. The increase is necessary as the cost to maintain Oak Creek has continued to increase over the years. Add in the current rate of inflation; the cost of labor, supplies and gas are being passed on to the Oak Creek Association by our vendors as I am sure you are experiencing the same in your daily lives. Statements will be mailed to all owners. If you do not receive your statement by December 15th, please contact our office immediately. Please make checks payable to Oak Creek HOA, and mail to the address listed on the statement. Include your account number on the check to ensure timely and accurate posting. You can also elect to make your payment online by visiting www.cmaaustin.com. Please note that there is a fee for using the online payment option. Owners currently enrolled in automatic draft payments will continue to be drafted monthly. If you are using other methods of payment, please ensure you update your banking, credit card and bill pay to reflect the increased amount. For information regarding automatic draft payments, please contact our office at frontdesk@cmaaustin.com. We encourage all owners sign up for automatic draft or place your payments on bill pay as any delinquent owner will be assessed a $20 processing fee for any certified mailings related to delinquent balances. The fees are due and payable the first of January. Your Association assesses late fees if payment is received after the 10th of the month. Please pay in a timely manner to avoid these additional charges. Sincerely, Jennifer English, CMCA, AMS Certified Management of Austin, LLC On behalf of the Oak Creek Board of Directors KAH Architect has been hired to design renovations to our common areas. First phase of renovations to include clubhouse and bathroom expansion using existing concrete slab and roofline. Also adding a deck to the park side of the clubhouse. View the renderings below. If you have comments or questions please use the "Contact" link on our website. Hi Oak Creek neighbors, There will be a brief Board meeting on October 18, 2021 at 3:00 p.m. via conference call to approve rules and regulations due to changes in Texas laws. To listen in, please dial 1-720-740-9775, enter access code 3726229 to be connected. The agenda has been attached for your review. Thank you Oak Creek Board of Directors Good morning Oak Creek neighbors,
For the safety of the Oak Creek residents and their families, the Oak Creek pool will be closed from 8:00 a.m. to 12:00 p.m. on Wednesday, June 30th for final welding repairs to be performed. We appreciate your patience while the welder completes this project. Thank you Oak Creek Board of Directors Good evening Oak Creek neighbors,
I just heard from the Oak Creek gate vendor, they have been working diligently all day today to re-wire the gates. I am happy to report that the gate in the breezeway is operational which allows us to re-open the pool.The vendor will continue to work to get the gate adjacent to the parking lot working as well. We appreciate your patience while we worked through these issues. Thank you Certified Management On behalf of the Oak Creek Board of Directors |