Friday, January 16, 2009

January 16, 2009

Important Sales Team News
We are eager to announce a re-structuring within the Sales Department, effective January 14th, 2009. Shannon Murray will be taking over day-to-day Operations, Marketing and the Re-Sale Program, and Geoff Wright handling all sales for Bear Lake Reserve.

Geoff brings with him an extensive background in Real Estate Development Sales, as well as experience in Resort Sales and Marketing. Together, he and Shannon should prove to be a great representation of what Bear Lake Reserve has to offer.


Construction/Maintenance Updates
· Installation of conduit on Southshore Drive is scheduled to begin on 1/19/09. Work was delayed due to phone cable problems on Grandview Drive that are being corrected this week.
· Engineers, in cooperation with Centex, have yet to submit water distribution permitting issues to the regulatory agencies. As previously stated, this should occur in the next few weeks.
· We will begin slope stabilization on Lake Forest Drive, near the Grandview Drive intersection, within the next few days. Previous attempts to correct the issues have been insufficient due to the uncharacteristic amount of inclement weather we have experienced.


HOA Happenings
Town Hall Meeting Recap
The 1st Bear Lake Reserve Town Hall meeting took place on Jan. 10, 2009 at the BLR Lake Club. Fourteen homeowners, representing several neighborhoods in the community, attended. The Owners Association spoke about:
Owner representation on the Board of Directors, taking the time to introduce Don McAliley, the newest Board member, who spoke for a few minutes.
Collection of past dues
· association working closely with collections Attorney
· development of member balance spreadsheet (snapshot for Board to review)
· development of resolution to suspend member privileges with past due amounts more than 90 days
· collection rates as of 1/1/09
1. master association 87%
2. cottages 89%
3. mountain lodges 91%
3. Development of ATV resolution for ATV usage
4. Emergency phone locations
5. Directory update
6. ARB update

Hospitality group spoke about:
Development of advisory committee with member representation
Status of docks in negotiation
New development in 2009
Fee increase



Emergency phones are in place and stationed at the following locations:
Bear Creek ParkLake Forest Drive & Harbor Ridge DriveJuneberry Lane & Whispering Falls Court

Friday, January 9, 2009

Bear Lake Communication - January 9, 2009

Note from the Sales Team
We would like to thank everyone who stopped in during the holiday season to visit our new location and reacquaint themselves with the sales team. We have already seen our first prospects in the New Year and are excited to be an integral part of Bear Lake Reserve!

Please note that going forward we will utilize this venue to keep everyone abreast of sales team activity. Stay tuned for more details to come.


Construction/Maintenance Updates
Due to inclement weather, we will begin power/phone/cable TV conduit installation along Southshore Drive at the beginning of next week, weather pending.

Water line permitting along the lower part of Crossvine, Shoreline, Southshore, and Lake Forest Drive is progressing well. Submittal of “as builts” to the state regulatory agency should be complete within the next few weeks.

Drainage modifications will have to be made to the Bear Lake Reserve Entrance on Shook Cove road. However, no adverse traffic conditions are anticipated during the construction.

Thursday, January 1, 2009

Bear Lake Communication - as of January 1, 2009

HAPPY NEW YEAR!

Construction/Maintenance Update
Inclement weather has continued to limit us to erosion control maintenance. We are scheduled to begin power/phone/cable TV conduit installation along Southshore Drive by the beginning of next week, should the weather cooperate.

Town Hall Meeting & Owner Event
January 10th at 10a.m.
All Bear Lake Owners are welcome to attend the first Town Hall Meeting of the year. Stick around after the meeting for an owner’s lunch provided by the Lure Restaurant at Bear Lake Reserve. There is no cost to attend. To RSVP, please call 828.293.7414.

Monday, December 22, 2008

Bear Lake Communication Update - as of December 22nd

Docks
Representatives from Centex and Terramesa recently met with representatives from Duke Power to discuss the dock permitting situation at Bear Creek Lake. Based on the information discussed at that meeting, Duke is reviewing its position internally. We do not anticipate having any further information on the matter until after the New Year.


The Community Advisory Panel
The Community Advisory Panel (CAP) had its first meeting on Dec 17th. The formative meeting set out to introduce each of the members, to set a meeting schedule over the year, and to identify an issue list and work plan for the year. The CAP is made up of nine owners that represent the different neighborhoods within Bear Lake Reserve. The chair of the CAP is Chuck Louisell, who will be representing Golden Farm/Mill Pond, as well.

The breakdown of locations and representation is as follows:

Chuck Louisell Golden Farm/Mill Pond
Bill Clarke Boulder Creek
Diane McGreevy Hedgewood, Juneberry, Whispering Falls
Fred Gray Bear Creek
Jeff Brown Phase I Mountain View Home sites
Dick Beaver Phase I Lakefront Home sites
Dan Brock Phase II Mountain View Home sites
Kurt Hartman Phase II Lakefront Home sites
Dave Schmidt Mountain Lodges

The group will work as a committee supporting the newly appointed owner member of the POA Board, Don McAliley. The group will meet four times over the year. The first meeting will be on January 10th at 11:00 AM following the Town Hall Meeting. The remaining meetings are linked to social events so that the group can meet and greet neighbors as part of the representation process.

Thursday, December 18, 2008

Bear Lake Communication Update - as of December 18th

Hospitality News
Christmas Dinner Cancellation

The Christmas Eve Dinner has been cancelled due to lack of reservations. However, the restaurant will be open on Christmas Eve between 11a.m. and 3p.m. The Lake Club will close at 5p.m. and will reopen on December 26th at 8a.m. Thank you for your cooperation.


Construction/Maintenance
-Over the last two weeks we have experienced a considerable amount of inclement weather, which has limited development construction to erosion control repair and site cleanup.

-W.G. Lapsley and Associates will begin to submit applications to the NC Department of Environment and Natural Resources during the first full week of January, 2009. This will serve as part of the verification process leading to installed water distribution lines and appurtenances within Phase 2. Additional water distribution construction cannot begin until the permit applications are approved.

Tuesday, December 16, 2008

Bear Lake Communication Update - as of December 16th

BEAR LAKE RESERVE SALES OFFICE TO OPEN ON PROPERTY
Staff Moves from Sylva Sales Office

TUCKASEGEE, North Carolina (December 10, 2008) The sales office of Bear Lake Reserve, a Terramesa Resorts community, will move from its Main Street location in Sylva to the property itself on December 12. “This will make our entire team immediately accessible to owners, guests and prospective purchasers,” said Mickey Luker, VP of Hospitality & Development of Bear Lake Reserve.

The vacation-home community of Bear Lake Reserve spreads over 2100 forested mountain acres and is designed for active families. With 13 ½ miles of shoreline, activities include swimming, boating, fishing, kayaking and water skiing. The community’s Lake Club has a fine-dining restaurant, a tavern, a theater room, a kids’ activity center, a fitness center and massage-treatment rooms. Outside, near the lakeshore, are a swimming pool and two hot tubs. In addition to a 9-hole Jack Nicklaus golf course, residents have access to over 23 miles of hiking trails, an outdoor amphitheater, a stocked trout pond and a park with tent platforms, teepees and other family-friendly features.

At the new on-property sales office, the sales team headed by Shannon Murray will be selling mountain lodges, cottages and custom home sites, at prices ranging from $200,000 to $800,000+. At full build out, it is expected that Bear Lake Reserve will have 800 residences. A rental program makes units available to guests on a nightly, weekly or monthly basis.

“We will miss our friends in Sylva, but we’ll still be a part of the community,” said Luker. “Our new location overlooking Bear Creek Lake gives folks a feel for why a home at Bear Lake is a vacation dream come true.”

The Bear Lake Reserve Sales Office will be open daily. For information and to arrange a property tour, call 828-293-0770 or 828-293-0880. Bear Lake Sales Office - 65 Southshore Drive/PO Box 96, Tuckasegee, NC 28783. www.bearlakereservevacations.com

ABOUT TERRAMESA
Terramesa Resorts is a privately held resort development and management firm specializing in exclusive active vacation destination communities. Its communities are easily accessible from major urban centers, and they offer real-estate options at a variety of price points. At each community the focus is on outdoor activities- from boating and biking to skiing and hiking- that lead to long-lasting memories for every member of the family. A wholly owned subsidiary of Macfarlan Capital Partners, in Dallas, Texas, Terramesa owns and operates resort communities in Texas, North Carolina, New Hampshire and Nevada. www.terramesaresorts.com, 214 932-3113. "Our Family Creating Memories for Your Family"

Monday, December 15, 2008

Bear Lake Communication Update - as of December 15th

Property-Wide Developments

New Sales Office
The Bear Lake sales team has a new home! The new sales office is located within the South Shore Mountain Lodges in unit B1-1. As of Monday, December 15th, the old office in downtown Sylva with be closed and all business will be conducted through the on-site office.

Contact Information, as of 12/15/08, for the Bear Lake Sales Office:

(828)293-0770 - office
(828)293-0880 - fax

Hospitality News


Christmas Dinner

It is not too late to make reservations for Christmas Dinner on December 24th. Please call 828.293.3906 to reserve your table at the Lake Club.
Please note: You must RSVP by December 17th, 2008. If there is not enough response to the dinner, Bear Lake Reserve will be forced to cancel the event and you will be notified promptly.