Notice of Board of Director Action

Coach Homes III Members,

On Thursday June 4th, 2020, during the Special Board of Directors meeting the Coach Homes III Board of Directors acted in regard to the issue of continuing with flood insurance coverage for the exterior of the buildings.

The Board acted to discontinue future purchase of flood insurance coverage. The Board came to their decision after a year of considerations of disclosures, debate, research, and eventual authoritative verification of FEMA’s designation of Flood Zone X for the geographic area in which Coach Home III’s building are built upon. Explanation of said FEMA designation was provided by Manatee County Government, providing clarification as to why there is a difference in their map designation and FEMA’s designation. This letter spoke to FEMA’s LOMR that was provided to the Association as proof of flood zone designation. Both the FEMA LOMR and the County correspondence is attached to this notification.

Therefore, existing flood insurance policies for the exterior of buildings will discontinue on the dates as listed below:

510 Winding Brook Lane                        June 4th, 2020

411 Winding Brook Lane                        June 26th, 2020

7304 River Hammock Drive                    July 13th, 2020

415 Winding Brook Lane                        August 6TH, 2020

7308 River Hammock Drive                    August 23rd, 2020

7312 River Hammock Drive                    September 20th, 2020

419 Winding Brook Lane                        September 28th, 2020

7208 River Hammock Drive                    October 5th, 2020

7144 River Hammock Drive                    November 3rd, 2020

7148 River Hammock Drive                    November 3rd, 2020

7204 River Hammock Drive                    November 3rd, 2020

424 Winding Brook Lane                        December 16th, 2020

502 Winding Brook Lane                        January 27th, 2021

506 Winding Brook Lane                        April 13th, 2021

 

On behalf of the Coach Homes III Board of Directors.

Cordially,

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