About FECA including details on Dues
The Fairway Estates Community Association (FECA), Inc., is a voluntary neighborhood association and a Florida non-profit corporation. FECA was formed in 1958.
The objectives of the corporation are to:
- protect and advance the mutual interests of its members;
- encourage friendly relations between its members;
- improve and beautify common areas of the subdivision.
An all-volunteer Board of Directors is chosen to represent the members at regularly scheduled board meetings. Each director is expected to serve a term of three years. Each year, the directors elect four officers and appoint heads of the various committees, who in turn, may appoint committee members subject to board approval.
If a vacancy occurs for any reason among the officers or directors, the remaining members of the board shall elect a successor for the unexpired term by majority vote.
An annual voluntary assessment fee of $55.00 supports the mission of the Association and is collected in January each year and due by February 1.
Click Here to download and print a copy of the Dues Payment Form. The dues cover, among other things:
- Maintenance (43.1% of annual budget)
- Landscaping, tree-trimming, and lawn maintenance of the common areas
- Maintenance of the FECA owned share of Lake Saundra’s water quality and invasive aquatic species. Please note that homeowners along Lake Saundra ALSO pay for their share of the maintenance of the Lake in addition to contributing for the common area.
- Lighting and maintenance of the monuments at all entrances and the park
- Liability, Directors & Officers insurance & bonds as required by our Bylaws (36.1% of annual budget)
- Admin – Accounting/tax filings, and state corporation filing, bank fees, PO Box, Website Expenses, New Resident welcome packets, Annual Dues Notice Printing/Mailing, Annual Meeting Expense (11% of annual budget)
- Events (8.5% of annual budget)
- Newsletters three times per year (1% of annual budget) –Effective with the January 2024 Newsletter, A Black and white limited content edition will ONLY be printed and mailed via US Mail to Owners who have not provided an email address but who HAVE paid their $55 Annual Dues. If you opt not to pay your dues, your options to view it will be either on the website or by providing an email address. The online version is full color and contains more photos and information.
The President may appoint a committee, to include and be chaired by the Treasurer, to prepare a budget for the association. This budget shall be presented to the board at its regular meeting in January. An approved budget shall be adopted by a majority vote of the members of the board present and voting, and presented to the membership at large at the annual meeting in February.
If you think that any of your personal information has changed including your mailing address, phone numbers or email addresses please Click Here to complete the form to provide your updated information. Forms can be printed out and completed or completed on your screen and saved as a file to your computer and then emailed to treasurer@fairwayestates.org. If you aren’t able to print the form or complete it on screen and email it on, feel free to just email any changes.
Special Note to Lenders and Title Companies – as we are a voluntary Community Association, we do NOT prepare Estoppel Letters.