The 2024 Reseve Fund Study is now complete for the Silver Vally Condominium Association.

Reserve Fund Studies (RFS) are conducted periodically by an approved, professional third party to evaluate the overall condition of the community buildings and infrastructure. Our current RFS, like its predecessor several years ago, was conducted by Reserve Advisors, a company specializing in the preparation of these studies.

The RFS inventory, evaluation, and recommendations are then used as a general guidline by the board to make both short and long term plans for the maintenance, repair, or replacement of our buildings, infrastructure, and assets. The study helps identify issues, direct board actions, and estimate costs and the funding required to properly maintain our community.

Download your copy here.

Requests for Change Requirements and Approval Process

Here's an explanation of how Request for Change forms are processesed.

• All changes to the common area or unit exterior require a Request for Change.
• Please fill out the Request for Change completely, and sign it. Requests for Change that are not signed by the unit owner will not be considered. NOTE: The Board is less likely to approve any request that is short on specific details, and may return it to the unit owner for clarification.
• Any Requests for Change that involve structural changes, repairs, or additions (e.g. decks, doors, and windows) require detailed drawings/explanations. Where needed, the project must also be submitted to the city for permits and inspections.
• Please submit all Requests for Change to the management company at least one month before the project is to begin (two months is better); if an expedited vote is needed for special circumstances, please specify the reasons—in detail—to the property manager when making your request. Do so in writing.
• The property manager gathers all Requests for Change as they are received, and then adds them to the agenda for the next scheduled meeting.
• The Board meets monthly (except in May and December).
• The Board may elect at its discretion to review and vote on a Request for Change between meetings. The Board discourages this approach: by Ohio law, all email votes require unanimous Board approval; a motion to approve a Request for Change at a regular Board meeting can pass with a simple majority.
• There are 111 units in our Association. Your request is probably not the only one the Board is asked to review and approve at any given time. 
• Download your Request for Change

SVCA Balance Sheet 6.30.2024

Crews will be out next week (June 10-14, 2024) to trim and remove dead trees at various locations in the association.

If you have an issue or concern about a specific tree (or trees), please place a work order on the Portal so we can address it.

Not sure how to add a work order request?

First access the Portal, by clicking the big red Help button on this page,

• When the Portal opens, log in to your account,
• Click on Quick Actions in the main menu,
• Select My Work Orders from the submenu
• Click the + Work Order box, then fill in the form it opens and submit it.
  

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The association will contuniue its repair of several more concrete/masonry stairs on June 17, and proceed as weather permits.

The following addresses will have stairs repaired:

• 108 Olson Spur
• 136, 142, 148, 154, and 168 Lake Terrace Drive

Dear Silver Valley Residents,

Effective March 1, 2024:

The association has been notified that the trash service provider, Hometown Services, has been purchased by 123 Disposal. 

In addition, 123 Disposal has requested to change the trash pickup day from Tuesdays to Thursdays. 

This change will not take effect until April.

Therefore, the first Thursday trash pickup will be on Thursday, April 4^th and then every Thursday after that. 

If you have any questions or concerns, please feel free to contact Renee (This email address is being protected from spambots. You need JavaScript enabled to view it.) at Associated Property Management.