innoatie - Homes for Sale in Montgomery County, TX · The Woodforest Community Foundation, Inc.,...

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Transcript of innoatie - Homes for Sale in Montgomery County, TX · The Woodforest Community Foundation, Inc.,...

innovativeA combined effortThe Foundation will contribute to a wide variety of innovative

projects and enriching programs that will have an enormous

impact on the quality of life of Woodforest residents, and by

extension, the community at large. The Foundation is expected

to generate substantial funds on an annual basis. Those funds

will support primary areas of focus, including, but not limited to,

the following:

A. Preservation and maintenance of natural areas, wildlife preserves and conservation areas

B. Sponsorship of educational programs that contribute to the understanding, appreciation and preservation of the natural environment in Woodforest

C. Recreational leagues, cultural programs, festivals and holiday celebrations, community computer network and recycling programs

D. Social services, outreach programs and other charitable causes

E. Enhancement and/or improvement of infrastructure within Woodforest

The Woodforest Community Foundation, Inc., (the “Foundation”) is a

Texas non-profit corporation established in 2009 to invest in the future

of Woodforest. Designed to supplement and complement the functions

of the Woodforest Owner’s Association (WOA), the Foundation enhances

services and resources to the community through the sponsorship

of programs, activities and events in and around Woodforest.

The Foundation is an entity entirely separate and independent from

Woodforest Development and the Owner’s Association.

The Foundation’s Mission

All residents of Woodforest benefit from the funds. The Foundation’s

Board of Trustees shall determine

areas of need and interest within

the community.

Who benefits fromthe funds?

future

together

You and your neighbors fund the Woodforest Community Foundation

through foundation fees that have been assessed on every real estate

transaction in Woodforest since January 2009. The maximum

foundation fee is equal to 0.005 (1/2) percent of the sales price of

a home. The fees remain as a deed covenant; therefore, when a home

is resold in the future, a 0.005 (1/2) percent payment is made to the

Foundation at closing. This allows

the Foundation to grow as

Woodforest grows.

Who funds the foundation?

community

A proven track record

generations

While the Foundation is on the vanguard, it is patterned

after successful models in outstanding residential communities

throughout the country including:

n Sienna Plantation and Riverstone in Missouri City, Texas

n Tuscan Lakes and Edgewater in League City, Texas

n Spring Island in Beaufort, South Carolina

n Summerwood in Panama City Beach, Florida

n WaterColor and WaterSound in Santa Rosa Beach, Florida

n Wood Run in Lynn Haven, Florida

n Bonita Bay near Naples, Florida

n Mariner Sands in Stuart, Florida

n Celebration in Orlando, Florida

n Castle Hills in Dallas, Texas

n DC Ranch in Phoenix, Arizona

n Grayhawk in Scottsdale, Arizona

FirstService Residential5295 Hollister Street

Houston, Texas 77040

800.932.9449

fsresidential.com