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7/10/2025 10:13:47 AM
 
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Section 4: General Subject: Osprey Pount Msg# 1230136
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As part of the second turnover agreement, Chase reserved that section for itself while trading part of the land to allow the yacht club to expand its marina. Chase eventually sold most or all of its holdings to Balfour who then sold parcels to different sub developers. I had left by that time so I don't know the details of that particular transaction. I don't even know whether that development is part of OP in terms of assessment payments and voting rights. If not, I guess it wouldn't be subject to the OPA's no fence limitation.
I do know that as part of that turnover agreement negotiation, I encumbered that land with a reservation so that the sight views from the YC to the bridge wouldn't be blocked. I remember mentioning that years ago on the Forum and Joe's response was something like, "big deal. You out traded the board on everything else." I disagreed then...and now. |
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For reference, the above message is a reply to a message where: Ed, I am directing this to you since you were involved in the development of op, but anyone can chime in. What is the deal with Osprey Point having a gate? They have their own set of docks and a gate. I know they have their own separate condo fee in addition to the opa assessment , but so do a lot of the subdivisions. Why are they allowed to restrict entrance? |
| Calendar |
OPA Board Meeting - Golf Clubhouse
7/26/2025 - 9:00 A.M. |
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Annual Meeting - Assateague Room
8/9/2025 - 9:00 A.M. |