Brentwood_Today_Lake

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The TOP 4 REASONS BRENTWOOD RESIDENTS…

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CANNOT own the…

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Brentwood Today Lake

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Reason #1 We have no HOA

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The 1300 homeowners in Brentwood, including the 32 Brentwood Today Lake residents,

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do not have, never had, and never will have an HOA .

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Yes, we in Brentwood do great things – including…

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- build entrance gardens

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- have luminarias that line every street every Christmas Eve

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- partner with Raleigh Parks & Recreation to build beautiful gardens in the park

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But we have no: -membership lists -member rules -dues

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and we never have.

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Reason #2 Income

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Many residents are on fixed incomes.

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There is simply no more to give.

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Reason #3 Home values

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Currently the City owns and maintains Beaman Lake in Brentwood.

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Beaman Lake Brentwood Today Lake

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If Brentwood Today Lake requires HOA fees to live there,

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and Beaman Lake does not require fees, Brentwood Today Lake property will be worth less .

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Why? Because potential buyers will quickly learn this fact :

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“There are TWO lakes in Brentwood. On only ONE of those lakes, it will cost you HOA fees , and you’ll have liability issues.”

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Why would anyone want to buy a house on the lake that requires fees and liability?

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Our values will decrease .

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If the value of 32 homes in Brentwood decrease, it will surely also affect the value of all homes in Brentwood when “ comparables ” are determined.

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We absolutely, positively, do not want the City Council to…

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make a decision that will result in…

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lowering of our property values!

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We would like the City of Raleigh to do the right thing and...

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accept ownership of Brentwood Today Lake .

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Reason #4 Stormwater and Water Quality

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Brentwood Today Lake is an important part of Raleigh’s Stormwater System.

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The City of Raleigh has wisely invested considerable resources…

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to repair and rehabilitate Beaman Lake and prepare to repair and rehab Brentwood Today Lake .

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To throw away that taxpayer investment would be wasteful and unwise .

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The City did a great job rehabbing Beaman Lake...

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If Brentwood Today Lake is not fixed and is a stream…

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unabated silt will enter Beaman from Brentwood Today Lake , and ruin Beaman Lake …

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effectively undoing all the hard work the City did for Beaman Lake .

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In fact, that is happening now . Allowing it to continue makes no sense.

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The City agreed in 1998 to own the lake. That was a good decision.

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The City needs to once again make that good decision and follow through with it.

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So… Raleigh City Council members:

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Please DO THE RIGHT THING!

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Please accept ownership of the Brentwood Today Lake

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Thank you - from the residents of Brentwood Copyright 2012 All Rights Reserved

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