More about the Villas
of Rocky Ridge Ranch
Condominium Corporation No. 9811303
Our
condominium has no amenity buildings and our
only common spaces are the roadway and
landscaped areas beside a few of our homes.Every
owner pays their own utilities: natural gas,
electricity, water,
wastewater treatment, telephone and
cable/internet service. When our Corporation was
established, each unit was assigned the same
number of Unit Factors (which represent the
'shares' in our Corporation). This
reflects the fact that, regardless of the size
of a unit or plot of land, every owner receives
the same benefit from our Corporation.All 56
owners are paying identical monthly
condominium fees of $444.71, as
of September 1, 2025. This fee covers the
maintenance of our landscaping and irrigation
systems (each unit has its own system),
roadways (ours is a private road, not a city
street), driveways, sidewalks, snow
removal, street lighting, and exterior
maintenance. The fee also pays for management
services provided by Quarter Park
Management, along with full
replacement-cost insurance on our buildings, the
collection of garbage, recycling and
compostables, as well as
making a significant contribution to the Capital
Replacement Reserve Fund.
The business of the Villas of Rocky Ridge
Ranch Condominium Corporation No. 9811303
is currently handled by a six or seven member Board
of Directors chosen each November by our
owners.Many
members of our Board have served multiple
terms, so there is a good overlap of
experienced individuals and new talent willing
to devote their time and energy to the welfare
of our Corporation.In fact,
over the years our Board has initiated several
volunteer-driven maintenance and repair
projects that have saved our Corporation a
great deal of labour expense.Such
projects serve not only to keep our
condominium fees low but also to provide
opportunities to build community with our
neighbours.
In
2015 our bylaws were rewritten to accommodate
two major changes.First,
betterments & improvements were no longer
to be insured by the corporation's policy but
must, instead, be insured by the unit owner.
Second, when flood damage results from water
leaking from within a unit the owner must have
insurance to cover the $50,000
deductible that applies with the Corporation's
policy. A 2019 bylaw amendment prohibits
smoking marijuana outside our buildings and
growing it anywhere on our land or in our
buildings. Owners overwhelmingly endorsed
these changes.