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Owner Information Form

Download the Owner Information Form

Get a Map

Click the image to download a free pdf map of the Silver Valley Community.

Associated Property Management LLC
5090 Park Avenue West
Seville, OH 44256

  • p. 330.722.3000
  • f.  330.722.3396
  • toll free 866.575.0025

Property Manager: Renee Hambach, CMCA ()

Looking for something specific? Just enter a keyword in the Search bar below the menu, and you'll get a list of links to related content.

Painting your garage door? Visit the Get Help page for a list of paint colors.

The Munroe Falls Website is a great source of information about local events and city services.

Please download, complete, and submit the Complaint Form to APM using email or postal mail..

Send a Maintenance Request

  • Send a Maintenance Request

Send a Maintenance RequestClick the button to open the Maintenance Request Form to report a problem or request a repair.

 

The Board has a fiduciary responsibility to request a periodic reserve study that inventories the state of the association's capital assets, and projects costs for their continued maintenance and repair, both short and long-term. The normal interval for updating a reserve study is five years, and we are due.

At last year's annual meeting, a presentation explained cost estimates to fully fund our community's financial needs, based on the most recent reserve study in 2011. At that meeting, we noted that the annual funding requirements seemed to be somewhat high, compared to the far smaller assessment for the recent capital assets program of 2014-15. We also estimated that unit owner failure to approve fully funding was attributable in part to the large financial burden it would add to monthly fees.

At that meeting, we also promised to catalog the capital improvements effected during 2014-15, and include them in a detailed request for a more targeted 2016 reserve study update. The goal: to derive fair estimates for fully funding that are more affordable but equally effective.

To that end, the Board has recently assembled and submitted a proposal to Reserve Advisers, asking them to conduct a reserve study update that better represents our current and long term needs, based on local costs. Since the update is a renewal, the fee for the service is one-half that of the original study, and is already included in the 2016 budget.

Fully funding simply means that we set aside enough money to properly repair, maintain, and replace our capital assets. Fully funding helps maintain property values, makes units more desirable and easier to finance for prospective buyers, and ensures that we can maintain the association as a viable, attractive community, without the need for special assessments, some of which may be quite large and painful.

The choice to fully fund or not to fully fund is, of course, up to the unit owners, and cannot be implemented without their vote. But the Board wants to provide sound actionable information so each of us can make an informed decision.

Those who are interested in the details, can download these pdf documents from our website: (Both links are case sensitive.)

www.silvervalleycondos.org/downloads/ReserveCoverLetter2016.pdf

www.silvervalleycondos.org/downloads/Reserve2016.pdf

These two documents catalog recent capital asset repairs and replacements, many of which were originally recommended by the 2011 study. It also lists many of the preventive maintenance measures implemented to extend the service life of our assets.


 

Message Board

  • Garage Doors Are Your Responsibility

    Many of our garage doors are in bad shape. In fact, lower panels on several units have lost their paint entirely, and are starting to rot. We ask that all unit owners accept responsibility for cleaning and painting their entrance and garage doors, as needed.

  • Guest Parking

    Guest parking is for guests. Please do not use the guest parking spaces for personal vehicles.

  • Children at Play

    We have children playing on our streets. Please drive slowly, put down your cell phone, and watch for kids who may run in front of you.

  • Pets to be Leashed

    All pets must be leashed when outside the condo unit. Dogs and cats. This is both a condo regulation and a city ordinance.

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