River Island Estates

History of River Island Estates
The property on which River Island Estates now stands was purchased in the early eighties by a group of investors. Their vision was to develop a special and unique living experience along the Willamette River which included amenities such as a swim and tennis facility. This, of course, explains the street address at River Island Estates – “Wimbledon Court.” The plan to build the athletic facilities did not materialize and a portion of the original property was sold. However, the original plan to build a community of beautiful, quality condominiums facing the Willamette River was completed.

Board of Directors
The River Island Estates Homeowners’ Association is governed by a Board of Directors comprised of five positions: Chairman, Vice-Chairman, Secretary, Treasurer, and one Member-at-large. Board members are elected to two-year positions by homeowner vote at the annual meeting. Term expiration dates are staggered, ensuring that an entire Board will not turn over in any given year.

The Board of Directors manages the affairs and business for River Island Estates Homeowners’ Association. They are responsible for preparing an annual budget, providing for the operation and maintenance of all common areas, and determining, enforcing, and amending rules and regulations. The Board meetings are typically held either the 2^nd or 3^rd Wednesday of each month, at noon, at the Bennett Management Company offices, 980 Willamette Street, Eugene. Notice is provided to owners each month by email and by posting. Meeting notices are posted on the mailboxes, on the bulletin Board in the midrise, and on the website at least three days prior to the meetings. Residents are invited and encouraged to attend.

Annual Meeting
River Island Estates holds its annual meeting each year in February. A notice will be mailed to all homeowners in advance, as well as posted at RIE and on the website. The budget for the coming year is distributed and presented at the annual meeting, Board members are elected, and a Board recap and report is given. Contact information for your current Board is posted on the website at riverislandestates.com.

Committees
The River Island Estates Board of Directors has established five committees to assist with operations and planning as needed and determined by the Board. Homeowners and residents are encouraged to participate as the work of committees is vital to the well-being of the River Island Estates community. Current committees are:

Communications – Maintain and update welcome packet, maintain website, including adding current information, and developing any other communications avenues that will contribute to the well-being of our community.

Finance – Develop annual budget and review on-going contracts and services on a scheduled basis.

House Rules – Review house rules on an annual basis, make recommendations for changes as needed, and provide a process for reviewing issues or infractions.

Landscape – Participate in a quarterly walk-around with landscape provider, develop a plan for on-going landscape maintenance, and plan for special projects as needed.

Maintenance – Develop and prioritize items for on-going maintenance including cost projections and timelines.

2008 – 2012 Construction Project
Beginning in 2008 and completed in 2012, River Island Estates Homeowners’ Association undertook a major 1.9 million dollar construction and renovation project. In the townhomes, new roofs including sheathing and composite roofing were installed. This involved replacing and adding drainage, new deck railings, some stucco repair, and window replacement. A new roof was constructed over both the north and south towers of the midrise and a new fire alarm system was installed. The entire complex was painted. The project was funded through capital reserves, HOA fees, and a special assessment levied against homeowners.