To all POA members
A new corporation is being established by the LTVPOA for the purpose of constructing, operating and maintaining the new membrane bio-reactor sewer treatment facility.
While there are other significant reasons for this action, the most important is that this action will provide an additional layer of legal protection for the POA. This will serve to assure that the amenities and other assets of your POA would not be in jeopardy should there be some totally unforeseen incident at the new plant. The protection of the POA and its amenities represent the preeminent reason for the new corporation.
A stand alone corporation will be in a much better position to secure the needed additional funding for expansion to offer service to the homes of our private residents.
The intent of the new corporation is to protect our assets and ultimately make sewer service in Tansi a reality.
Your Board of Directors