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> Dreamland Villa Retirement Community (DVRC)
Dreamland Villa Retirement Community (DVRC)
Dreamland Villa Retirement Community (DVRC) is a non-profit corporation. It maintains the common properties in Dreamland Villa and maintains the 55+ age-restricted status the community has. Prior to 2017 it was called the Dreamland Villa Community Club.
History . Dreamland Villa Community Club was a non-profit Corporation created in 1961. The 1961 Articles of Incorporation stated the Corporation was organized to provide a wide choice of civic and recreational activities and for other non-profit purposes. In 2017 the Corporation changed its name to Dreamland Villa Retirement Community.
Purpose . The Corporation owns, maintains and operates the Farnsworth Hall and Read Hall campuses as well as the Nature Walk. The Corporation provides recreational activities at the Farnsworth and Read Hall campuses for residents who have paid an annual fee and have a current year kee card. Since 1980, the Corporation also maintains all the records to comply with the 55+ age-restricted status.
Annual Fee is the primary source of income for DVRC. The non-mandatory fee is requested for each person living at a residence. A "Kee Card" is provided to each person paying the annual fee. It provides access to DVRC community properties including: pools; activity rooms; and Read hall. The kee card permits attendance at board study sessions and meetings and voting. The Annual meeting in January and specially called meetings are open to all DVRC members.
Voting . Voting membership in the Corporation is set forth in the By Laws, available in the Digital Library Official Documents. Voting Membership is available to those Dreamland Villa residents who pay the annual fee and have a current year kee card.
No HOA Means No Steady Income Since Dreamland Villa does not have an HOA, DVRC cannot require its residents to pay the annual pay fee needed to maintain our community facilities and the records required to maintain our 55+ status. Every year DVRC must conduct an annual dues fund drive to obtain financial support from its residents. Funding the community facilities should be a priority for every homeowner as the facilities are provided for their use and use of all future property owners. One common argument is "I'm not using any of the facilities so why should I pay the annual fee?". The community facilities were developed for the use of all Dreamland Villa residents. If they are not maintained, and our Senior Citizen Overlay is not supported, our community would no longer be the wonderful senior haven it is today. The nominal annual fee is the lowest in Valley and is a small price to pay for the many benefits DVRC provides.
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