Logo

POSSUM KINGDOM LAKE ASSOCIATION

"Serving the People...

Protecting the Environment"

 BACKGROUND

In 1971 the Association was formed as a non-profit organization by people who were dedicated to the preservation of our lake.  The Association name and Association mission statement have changed with time to align with community needs.  The revisions were made to define a community organization with an active interest in the concerns of the PK community and with the identities that serve the community.  Membership is open to all interested in joining with others to cause a significant increase in community presence to address common concerns and coordinated community involvement.

 MISSION STATEMENT

The Possum Kingdom Lake Association is organized as a group to protect the lake's environment and bring people together as a community of shared interest or need. Possum Kingdom Lake Association will build awareness of shared needs through promotion and outreach by providing forums for community involvement with a priority of protecting the lake's resources and lake community.

POSSUM KINGDOM LAKE ASSOCIATION INFORMATION

Please direct your comments and concerns to Monte Land, Association President at pklandmine@yahoo.com


The Brazos River Authority Directors will meet in Waco at 10:00 a.m on Monday 26 July 2010.  A list of Items selected from the agenda that are related to Possum Kingdom were sent in an Alert E-mail to members and can be reviewed on this site. Type or cut and paste www.pklakeassn.org/july23alert.html or (Click Here)


26 April 2010  Possum Kingdom Lake Items at BRA DIRECTOR'S MEETING

Agenda item #6.
Report on Divestiture by Nicole Castro, lawyer in Austin hired by the BRA
SURVEYS
She reported that the surveys on the roads were not complete because they had to go back and resurvey many roads in an effort to give the county a wider easement.  They are hopeful that all the surveys will be complete by the first of next week.  This is important for closing because lot surveys cannot be completed if there is a road that is connected to the lot.  Surveys need to have all the "points" to complete their paperwork on each lot. Ms. Castro said that after the boundaries are established then each individual survey must match the master survey and be approved.  They expect to receive the draft of the final survey around May 1, 2010.

ENCROACHMENTS
She also reported that with the completion of the surveys, there are encroachments that have been identified.  There are two kinds of encroachments:
    1. Lot by lot encroachments-This is were neighbors need to work out a "new boundary line" 
    2. FERC encroachments-Something is found within the the FERC buffer area. 

Ms. Castro said that both BRA and Patterson will send out letters to leaseholders identifying the FERC encroachments.
Lessees will then have the opportunity to submit evidence that improvements existed before the May 15, 1980 Amendment to the FERC License or that the improvements were approved.
BRA will then submit an application to FERC on or before January 2, 2012 to request approval for certain encroachments to remain in place and to document pre-1980 improvements.
If FERC does not consent to encroachments,  they will have to be modified or removed. (Note: Additional information detailing "FERC Curative Work" is presented in the Patterson Resale Contract on page 7 in paragraph 9.C. SURVEY).
 
PATTERSON RESALE CONTRACT
Patterson has received 906 signed Resale Contracts that account for 59 percent of the BRA leases. Ninety-three percent of these leaseholders  requested contemporaneously closing and  85 percent chose preferred lender financing.

TIME-LINE TO CLOSING 
(Please Note: Update information is as of 7/7/2010, Check the Patterson web site for the latest information) 
May 1, 2010    >  Final survey due on this date. If not completed by this date, the closing date may have to be extended.
                            Update > Actual was late June 2010
June 15, 2010 > Contemporaneously closing resale contracts will continue to be submitted to Patterson.
June 15, 2010 > Lessee resale surveys due 45 days before closing.
                            Update > Now scheduled for 1 August 2010
July 30, 2010   > Anticipated date for closing, may be extended depending on date final survey is completed, but no later than
                              December 31, 2010
                            Update > Now scheduled for 15 September 2010

Voting for the proposed Property Owners Association will close May 5 th.
                            Update > Patterson message of 10 May 2010   "Based upon the results of the poll, we are not going to create a POA now.
                                              We do reserve the right to create a modified POA in the future."

PK Tax Lawsuit was heard in Eastland Appeals Court.  There is no timeline for a ruling in the case.
 
Agenda item #7
Costello Island residential lease agreement was approved with a timeline that will allow them two years to correct septic issues on the Island.  The leased properties will be transferred to Patterson, but the leaseholders cannot purchase the property from Patterson until the septic systems issues are fixed.  Many of the structures on the Island have been there since the 50's and no one realized that some of the lateral lines are close to the 1000' lake line.  Costello has agreed to hire an expert to look into modernizing the septic systems. 

Agenda item #8
Termination of Palo Pinto Stipend for law enforcement was approved by the BRA Board.  Kent Rindy advised Palo Pinto Judge Smiddy and Sheriff Mercer that BRA will pull back from full time law enforcement and focus on lake issues,protection of the dam and BRA properties.



Association Newsletter    Click on the Newsletters tab on the left to view all newsletters.
   
   To view complete FERC Order Denying Request to Change Project Boundary (Click Here)

    To view resolutions related to Possum Kingdom that were adopted by the BRA Directors on 27 July 2009 click on a topic below below.       
     FERC Encroachments Click here      
      Contract For Sale to Successful Bidder Click here
      Residential Lease Rate Methodology.pdf Click here
      Commercial Lease Rate Methodology.pdf Click here
      Decommissioning The Hydogeneration Facility Click here 


   Please click on the Calender Tab on the left for important meeting date


RESIDENTIAL LEASE INFORMATION SUMMARY > 2006 - 2008

In July and October of 2007 the Authority Directors  adopted a new methodology for residential lease rates, canceled the lease discount  for those over 65 with homesteads and adopted multiple significant revisions to the "new" Residential Lease Form adopted in 2006.  In May of 2008 a moratorium on issuing all new BRA leases was adopted because of the concept of selling BRA land to a third party was being considered.  Lease information details available under the "Lease Information" tab on the left. 



DIVESTITURE SUMMARY PREPARED AND POSTED BY THE BRAZOS RIVER AUTHORITY
The Brazos River Authority posted  on their web site (www.brazos.org) a document  titled POSSUM KINGDOM LAKE DIVESTITURE.  The document has four section headings: Historical Timeline, Frequently asked Questions, Board Action regarding Divestiture and AG Opinions. The BRA Staff has done a great job preparing this information so you can understand the past, present and future actions and positions of the Authority.  A direct link to the document is:  http://www.brazos.org/pk_Divestiture.asp (cut and paste in your browser).

Palo Pinto Appraisal District Lawsuit
July  2010 Update

Oral arguments 15 April 2010. No time table on the ruling. 

Make Your Vote Count - Vote at Possum Kingdom
 Click on "Vote at PK" on left for Information on Voter Registration at Possum Kingdom

SITE Updated7/23/2010

 kwm