Bella Vista
BELLA VISTA February 2011
Bulletin
Official Publication of the Bella Vista Homeowners Association
Volume 3, Issue 2
Holiday Decoration Winners!
CONGRATULATIONS TO D.J. AND VIENNA LEWIS OF 3206 ARGENTO PLACE FOR AN ILLUMINATING SHOW OF HOLIDAY SPIRIT
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Bella Vista Bulletin - February 2011
Bella Vista Important Contacts President, Veronica
[email protected] Vice President, John Shumaker........
[email protected] Treasurer, Bill
[email protected] Secretary, Shelley Lee............................
[email protected] Director, Brian Lott........................
[email protected]
NOT AVAILABLE ONLINE
HOA Management RealManage Resident Services (pool, issues, etc)..........................
[email protected] Association Manager: Kathy Frazier, RealManage, 10800 Pecan Park BLVD, Ste. 100, Austin, TX 78750 When calling 911 for assistance, let the dispatcher know we are served by Cedar Park Fire Station #2 on Cypress Creek.
mission statement Peel, Inc. Community Newsletters Our goal is to provide the Bella Vista community with one source of local news content that is provided by Bella Vista residents. Our goal is to help build Bella Vista by connecting local businesses with residents and residents with relevant neighborhood information.
"Be the Community."
Newsletter info Newsletter Publisher Peel, Inc......................................................... 512-263-9181
[email protected], 512-263-9181
article info The Bella Vista Bulletin newsletter is mailed monthly to all Bella Vista residents. Residents, community groups, churches, etc. are welcome to submit information about their organizations in the newsletter. Personal news for the Stork Report, Teenage Job Seekers, recipes, special celebrations, and birthday announcements are also welcome. If you have an article of interest to the community please submit to
[email protected] by the 8th of the month. The newsletter can also be viewed online at www.PEELinc. com.
Bella Vista Bulletin - February 2011
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Bella Vista
BELLA VISTA - JANUARY 2011 Board Report
The Board of Directors would like to address the concerns you may have regarding the fining policy that was mailed out in December. Most of our neighbors follow the Declaration of Covenants, Conditions & Restrictions (“DCCR”s) very closely and others do not. This policy is intended for residents that do not correct the violations after several notices have been sent to the home. An inspector for Real Manage drives through Bella Vista every two weeks and notes violations that have not been corrected in the previous two weeks. Over the course of almost two months, several notices will be sent to the home regarding an outstanding violation and if the situation is not corrected within that time, fines will be applied. Bella Vista DCCRs have 14 categories of violations and it is highly likely that each of us has received a letter in the past. The vast majority of us correct violations long before a subsequent notice is sent; therefore, the policy will not be applicable. Many of you have complained to Real Manage or a board member about a garbage container left out beyond Tuesday, a trailer parked nearby for more than 2 days, a lawn not maintained or some other chronic violation and the Board has taken the only action available to alleviate these unfortunate situations from continuing. By implementing the new fining policy the Board anticipates that these chronic problems will be resolved by the homeowners in a timely manner. If you have questions regarding the policy, please contact Real Manage or a board member to discuss. Sincerely, Bella Vista HOA Board of Directors
Go Green Go Paperless
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Bella Vista Bulletin - February 2011
11/29/10 3:19 PM
Bella Vista 9th Annual Cedar Park Swimming Kids Triathlon May 1st, 2011 at Elizabeth Milburn Pool • Event Information: This triathlon is a USAT sanctioned event. The purpose of the Cedar Park Swimming Kid’s Triathlon is to offer kids between the ages of 7 and 15 the opportunity to experience a multi-sport event in a safe and positive environment. The age you turn during the calendar year of 2011 is the age group in which you will compete in. While competition is always part of any race, it is not the primary focus of this race. The main focus of this event is for the kids, their families and the community to have FUN! • The event will take place at the Elizabeth Milburn Park in the City of Cedar Park, located at, 1901 Sun Chase Blvd., 78613, on Sunday, May 1st, starting at 8:00 AM. – Limited to 300-Participants (Continued on Page 5) ).&!.4 s 4/$$,%2 s 02%3#(//, s 02% + s +).$%2'!24%. s !&4%2 3#(//,
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Bella Vista Bulletin - February 2011
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Bella Vista Cedar Park Swimming - (Continued from Page 4) Distance • Juniors (7-10): 100m - Swim / 3 mile - Bike / 1k (.6 miles) Run • Seniors (11-15): 200m - Swim / 6 mile - Bike / 2k (1.2 miles) - Run Age Groups • Individuals: 7-8, 9-10, 11-12, 13-15 • Relays: Juniors (7-10), Seniors (11-15) • Relays can be all male, all female, or co-ed. Awards Every athlete will receive a finisher medal. Early registration participants will receive a FREE T-shirt. Trophies will be given for 1st through 3rd places per age group for boys and girls. Medals will be given for 1st through 3rd places for junior and senior relays. • Over 301 participants registered in 2010. • Over 20-local Cedar Park business’ donated money, gift coupons, or door prizes for all the participates • Over 100 of our Cedar Park Swimming families donated all the food & drink, and Silent-Auction items, as well as volunteered on race day.
• Web Site for Triathlon: www.leaguelineup.com/cptri • Race Director: Rob Alspaugh (1stvp@cedarparkswimming. org) 512-733-2490 • We are a year-round competitive swim club since 1995 sanctioned by USA Swimming and South Texas Swimming. A family-oriented club of 140+ swimmers, ages 6 – 20. • Learn stroke mechanics, sportsmanship, goal setting, and rules of competitive swimming while making new friends and building team unity. • Participate in some of the alternative athletic adventures of the club: • Cedar Park Kid’s Triathlon, Tubing on Guadalupe River, Schlitterbahn Trip, • Rock Climbing, Caving Expeditions • Practice Location: Elizabeth Milburn Pool, Mon-Fri • Contact: John Baltzell, Head Coach •
[email protected] 512.218.9664
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THE RADIANT CHURCH | WATCH LIVE services Sunday mornings or view any time at www.ghbc.org Sunday Morning Schedule 9:30 - Blended Worship | 11:00 - Contemporary Worship | 9:30 & 11:00 - Bible Life Groups (all ages)
Great Hills Baptist Church | 10500 Jollyville Road . Austin, Texas 78759 | 512.343.7763 Copyright © 2011 Peel, Inc.
Bella Vista Bulletin - February 2011
Bella Vista
FINANCIAL FOCUS
How Will New Tax Rules Affect You?
Now that the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 is law, you’ll want to familiarize yourself with how this new legislation affects you — both as a wage earner and an investor. Consider these key parts of the new tax laws: • Income tax rates remain the same. Under previous legislation, tax rates were scheduled to rise in 2011, but the new laws will keep all tax brackets the same. • Payroll taxes reduced by two percent. Your share of the Social Security payroll tax will drop from 6.2 percent to 4.2 percent for 2011. Consequently, you should see more take-home pay. . You may want to consider investing at least part of this savings in another retirement account, such as an IRA. • Top capital gains and dividend tax rates stay at 15 percent. The question of what would happen to capital gains and dividend taxes has been of great interest to most investors. For the past several years, the highest capital gains and dividend tax rate has been 15 percent. However, this 15 percent rate was scheduled to expire at the end of 2010; after that, dividends were to be taxed at one’s standard income tax rate, while long-term capital gains would be taxed at 20 percent for anyone above the 15 percent income tax bracket. But due to the new legislation, the highest tax rate for both capital gains and dividends will stay at 15 percent for at least 2011 and 2012. The capital gains and dividend tax provisions can have significant effects on your investment decisions over the next two years. You now still have a strong incentive to follow a “buy-and-hold” investment strategy, under which you’d earn the favorable 15 percent rate on capital gains
Bella Vista Bulletin - February 2011
from selling an appreciated asset, such as a stock, that you’ve held at least one year. And the 15 percent rate on dividend taxes will continue to provide you with good reason to seek out those stocks that regularly pay dividends; besides offering an advantageous tax rate, dividends, when reinvested can help build your ownership stake in the dividend-paying investments. (Keep in mind, though, that companies are not obligated to pay dividends and can reduce or discontinue them at any time.) • Estate tax exemption set at $5 million per person. Under previous tax laws, the estate tax was scheduled to be repealed entirely for 2010 only, and then return in 2011, with an exclusion amount of $1 million and a top tax rate of 55 percent. Under the new legislation, the exclusion amount for 2011 and 2012 is $5 million per person ($10 million for married couples), with a top tax rate of 35 percent. The new law also includes a “portability” provision which can provide increased flexibility in estate planning between married couples to attain full use of the $10 million exemption. You’ll need to see your tax and legal advisors to determine what, if any, changes you’ll want to make to your estate plans for the next couple of years as these laws will sunset at the end of 2012. • Gift tax exemption set at $5 million per person. Under previous tax laws, the gift tax exemption for lifetime gifts was $1 million. The new legislation increases the lifetime gift tax exemption to $5 million per person. You should work with your tax and legal professionals to determine whether the new exemption amount provides opportunities for you to consider during the next two years. As always, changes in tax laws can have a big impact on your financial future — so stay informed and take the steps you need to keep progressing toward your goals.
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Bella Vista At no time will any source be allowed to use The Bella Vista Bulletin contents, or loan said contents, to others in anyway, shape or form, nor in any media, website, print, film, e-mail, electrostatic copy, fax, or etc. for the purpose of solicitation, commercial use, or any use for profit, political campaigns, or other self amplification, under penalty of law without written or expressed permission from Peel, Inc. The information in The Bella Vista Bulletin is exclusively for the private use of Peel, Inc. DISCLAIMER: Articles and ads in this newsletter express the opinions of their authors and do not necessarily reflect the opinions of Peel, Inc. or its employees. Peel, Inc. is not responsible for the accuracy of any facts stated in articles submitted by others. The publisher also assumes no responsibility for the advertising content with this publication. All warranties and representations made in the advertising content are solely that of the advertiser and any such claims regarding its content should be taken up with the advertiser. * The publisher assumes no liability with regard to its advertisers for misprints or failure to place advertising in this publication except for the actual cost of such advertising. * Although every effort is taken to avoid mistakes and/or misprints, the publisher assumes no responsibility for any errors of information or typographical mistakes, except as limited to the cost of advertising as stated above or in the case of misinformation, a printed retraction/correction. * Under no circumstances shall the publisher be held liable for incidental or consequential damages, inconvenience, loss of business or services, or any other liabilities from failure to publish, or from failure to publish in a timely manner, except as limited to liabilities stated above.
LIVE
in concert
saturday February 26 2011 | 7:00 pm tickets on sale now at www.ghbc.org
THE RADIANT CHURCH | WATCH LIVE services Sunday mornings or view any time at www.ghbc.org Sunday Morning Schedule 9:30 - Blended Worship | 11:00 - Contemporary Worship | 9:30 & 11:00 - Bible Life Groups (all ages)
Great Hills Baptist Church | 10500 Jollyville Road . Austin, Texas 78759 | 512.343.7763
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Bella Vista Bulletin - February 2011
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Bella Vista Bulletin - February 2011
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