Preston Community Association, Inc.
 
 
 
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Welcome
 
 
Welcome to Preston Community Association
 
Homeowners: Register for our email list and access to the Homeowner section of our website here.
 
Homeowners wishing to submit project applications: please register or sign in, then see 'Architectural Review' to review guidelines and submit your application using the link on that page.
 
If you are a member of the association and have not registered on the website, we strongly encourage you to do so.  The members-only section contains board meeting minutes, financials and other sensitive information.   Also by registering your email we can contact you quickly and easily with little to no expense. 
 
Preston Homeowner's Annual Meeting
Welcome and instructions
Welcome to the documents portal for the Preston Community Association annual meeting to be held Tuesday Nov. 13 at Prestonwood Country Club.
 
Latest site update: 10.18.18 at 11:00 pm. 
Candidate information.
 
Below you will see information on the new candidate for the board as well as the association budget for 2019, reserve study and monument lighting study analysis.
 
More specifics on the monument lighting project will be coming soon. 
 
 
 


Board Nomination Form: John McAulay
 

PRESTON COMMUNITY ASSOCIATION

2018 Board Nomination

 

Name:  _John McAulay

Address:  101 Beaver Glen Ct., Morrisville, NC 27560

Email:  jfmcaulay@gmail.com

Why you are interested in serving:

I know the board has a need for people that are willing to serve and I believe my insights and experience would be an asset to the board.

Experience/skills/interests that you bring to the HOA:

Nearly 20 years in the financial services industry. Financial counselor to the United States military for more than five years. Helped deploying and returning troops thru DOD program.  Active in the community.

Volunteer service includes: Green Hope H.S. Athletics, youth coach – lacrosse and football.  Block captain and state delegate to party convention along with helping local charities I am supporting.

Other comments you would like to make:

Co-founder of Tri-Lacrosse. Horse and Buddy, Children’s Flight of Hope, East Carolina Educational Foundation and Christian Life Home. Member of the United Methodist Church, Cary Chamber and Prestonwood. CC.

 

**PLEASE NOTE**:  Please review responsibilities of the Board of Directors by visiting www.prestonpca.com  Article VI general powers and duties of the board

 

Date:  October 17, 2018         Signature:       J.F.M.

 



 
Board Nomination Form: Vanita Sehgal
Vanita Sehgal has withdrawn her name from nomination.
 
The board is receiving nominations for the 2019 open board seat.
 


 
 


Lighting Study Summary
October 2018
Assumptions:
1. Installation cost of $74000 in 2019 and $74000 in 2020.
2. Annual savings in light repair, $3000/year.
3. Annual savings in electric meters, electricity - $1400/year.
4. Impact on annual assessment $4/household.
5. Inflation rate 3% per year.
6. Cost of capital – 2% per year.
Conclusion:
At $4/household assessment cost and savings associated with light repairs and electricity, the project is paid for over 20 years without adversely impacting reserves.


Lighting Study Analysis
 


Reserve Study


2019 Budget


   Preston Community Association Upcoming Events   
Preston Annual Board Meeting
Tuesday, November 13th, 6:30pm-8:30pm
Candidate resumes, financials and monument lighting replacement information coming soon.
 

   Preston Community Association News   
New Board Members
Posted on Jul 20th, 2018 Comments (0)
Please welcome new Board members!
 
John McAuley & Suzanne Fitzpatrick.
 
 
Mail box painting
Posted on Jun 29th, 2018 Comments (0)
The mailbox painting for the homeowners that submitted payment will begin Monday July 2nd.    The crew will begin on Monday by marking all mailboxes to be painted with red tape.  All work will be in one section at a time, completing approximately 10 mailboxes per day.
The crew will be careful to cover any plantings around the mailboxes, however if you have vines wrapped around the post, it will need to be removed in order to paint the post.
Cary Parkway/High House Road Intersection Improvement Project Update
Posted on Jun 19th, 2018 Comments (0)

Construction Update – June 18, 2018 

An asphalt base, as well as new curb and gutter have been installed on the westbound High House Road approach.

Grading has begun on the northbound High House Road approach, and the asphalt base, curb and gutter is scheduled to be complete in two weeks. Grading will then progress to the eastbound High House Road approach. 

New fiber optic cable has been installed throughout the project. This new cable is scheduled to be spliced into service during the week of June 18. 

Visit www.townofcary.org/cphh for more information.

Mailboxes
Posted on May 29th, 2018 Comments (0)

Please be advised that as per the Covenants and Architectural (ARC) Guidelines, mailboxes are to be maintained using a black paint with a satin finish.  Numerals shall be white with an eggshell finish, 2 1/2" height, Helvetica font.  

Due to the large amount of mailboxes in need of painting at this time, the Board of Directors has communicated with Carolina Streetscapes and have been provided a reduced price for mailbox painting & numerals.  If post repair is required it will need to be discussed prior to painting and directly addressed on an individual basis with Jeff Harvell at Carolina Streetscapes, at 919-424-6404.

 

For detailed information please click here.


 
Landscape Projects
Bland Landscaping will be spraying a Bahia grass suppressant over the next couple of weeks in common areas.  This may result in some bare areas over the summer until we can aerate and over-seed in the fall.
 

Preston Community Association Management Company
The Preston Community Association, Inc. is managed by Community Association Services, Inc. (CAS)
 
Jeff Linn
Community Association Services, Inc. (CAS)
1930 North Salem Street, Ste 101
Apex, NC 27523-8204
(919) 367.7711 x1508
 
CAS Business Hours
Monday – Friday: 9AM – 5 PM