Landmark Community

A residential community near Belgrade, Montana
 
Our community website was developed to serve as an informative resource for both our neighborhood and our local community. Please feel free to contact us with your comments and suggestions.
 
The Landmark Homeowners Association welcomes you to Landmark, a residential community three miles southwest of Belgrade, one of Montana's fastest growing cities.  Our neighborhood is composed of 240 single family homes on half-acre lots.  Three park areas are available for residents, and paved pathways for walking, running and bicycling wander through the subdivision. Landmark lies in the heart of the Gallatin Valley just west of Bozeman and north of Yellowstone National Park.  Surrounded by the Bridger, Spanish Peaks and Tobacco Root Mountain ranges, the area is home to world class fly fishing, snow skiing, hunting and other outdoor recreation.
Neighborhood News
HOA Takes Next Step To Road Maintenance RID
On Tuesday, March 23, 2021 homeowners participated in a zoom meeting with the HOA Board to discuss the creation of a Rural Improvement District to provide funding for subdivision road maintenance.  James Nickelson, RID Project Engineer, with Morrison Maierle Engineering presented information regarding the proposed RID.
 
The HOA Board is in support of establishing a Rural Improvement District for our community roads.  In order to move forward, we have to receive a yes vote from 51% of our homeowners. We are reaching out again with the RID information so you can make your final decision.  Ballots will be mailed out from Morrision-Mairele Engineering by the end of May so you can cast your vote.
 
Our streets are 18 years old. Asphalt pavement typically requires some surface treatment in 16-24 years. Based on an on-site evaluation, the current road will require a pavement overlay in 2028 or 2029. The estimated cost for pavement overlay is $819,045.64.  Annual ongoing costs are approximately $20,000 to maintain the streets. This includes snow plowing, pavement preservation maintenance, and right of way weed spraying.
 
With this in mind, homeowners will decide how to fund the maintenance. There are two options: 
 
The first is self-managed by the collection of reserve funds through a special assessment and management of required maintenance through the HOA. 
 
The second option is to partner with the County and create a Rural Improvement District (RID). This must be voted on and approved by the membership. If approved, starting in November 2022, each lot would pay $635 annually. In 2030 that number would decrease to about $250.
 
What is a RID?
A Maintenance Rural Improvement District (M-RID) is a legal funding mechanism through which a subdivision can raise reserves for on-going maintenance and improvements. The RID program provides planning, management, engineering services, and administration of the fund. For more info please click on the links below.
 
 
What are the Advantages of a RID?
Scheduled Maintenance: The RID program develops a maintenance schedule and funding to ensure that our roads have good maintenance to extend the service life well into the future. 

Competitive Bidding: Each year multiple RID improvements are competitively bid to qualified contractors. These bids are lower than those received on smaller projects due to the increased volume of work bid out for the combined RID projects. The HOA Board cannot take advantage of these savings, so must assess much higher amounts.

Tax Deduction: Most accounting firms consider the assessment a tax deduction so there is an advantage to fund road maintenance with RID funds vs. HOA funds. 

Interest Accrual: Funds in the account do accrue interest comparable to the market for secure investments. 
 
Savings: Implementing this RID will save us at least $20,000 a year on annual expenditures to maintain the roads. We will be able to allocate those funds towards much needed improvements in the community that we would like to see done. We currently do not have the extra funds to make those improvements. Plus we will be able to keep our HOA dues at an affordable price!
 
What if we don't approve the RID Project?  
If we do not implement a RID, the only option is to create a special assessment per lot.  This amount will probably be at least $1,000 per lot, per year over the next three years or more to accumulate enough funds to repair the road. The special assessment funds collected will only be allocated for road repairs and will not be available to use for normal operating expenditures.
 
Please note, per the HOA governing documents, a special assessment must also be voted on and approved by the membership.
 
If a special assessment does not pass, once the roads deteriorate the County will step in and create a SID tax that all homeowners will be responsible to pay. The cost will be much higher than the proposed RID or special assessment.
 
Please contact board members, Luna Properties, LLC, or James Nickelson with any questions. 

 
 
 
Concerned About Water Rates?
If you are concerned about the water rates charged by the Landmark Water Company please complete the Public Service Commission complaint form and send it to Luna Properties via mail or email.
 
MAIL TO: Luna Properties, 40 East Main St., Suite 210, Bozeman, MT 59715
 
 
Landmark Water Company is a privately owned company that supplies water to the subdivision through water distribution lines they own within the subdivision.  Landmark Water purchases water from the River Rock Water & Sewer District. The Landmark Homeowners Association is not affiliated in any way with the Landmark Water Company.
Homeowner Notices
Landmark HOA Annual Meeting
 
The Landmark HOA Annual meeting will be Tuesday, May 25th at 7pm via Zoom. If you cannot attend the meeting please fill out the attached Proxy and have it returned to Luna no later than May 25th at 5pm. Additional meeting materials will be sent as we get closer to the meeting.

Topic: Landmark Annual Meeting
Time: May 25, 2021 07:00 PM Mountain Time (US and Canada)

Join Zoom Meeting
https://zoom.us/j/98836009185?pwd=Skg3VHJYSnpSVlphZVpNbnZRSERaUT09

Meeting ID: 988 3600 9185
Passcode: 145309
One tap mobile
+12532158782,,98836009185#,,,,*145309# US (Tacoma)
+13462487799,,98836009185#,,,,*145309# US (Houston)

Dial by your location
+1 253 215 8782 US (Tacoma)
+1 346 248 7799 US (Houston)
+1 669 900 6833 US (San Jose)
+1 301 715 8592 US (Washington DC)
+1 312 626 6799 US (Chicago)
+1 929 205 6099 US (New York)
Meeting ID: 988 3600 9185
Passcode: 145309
Find your local number: https://zoom.us/u/abSwmi0Kxf
 
Community Spring Clean-up Begins May 7th
 
On May 7th the HOA will provide two dumpsters for Landmark residents to use for annual spring clean-up.  The dumpsters, located at the Red Barn Park, will be marked and monitored, so please be sure to use the correct one:
 
Dumpster 1 - construction material 
Dumpster 2 - landscaping debris 
 
PLEASE NOTE THAT THIS SPRING THERE WILL NOT BE AN AREA TO LEAVE TREE BRANCHES. Do not place tree branches in the dumpster or leave them for disposal.  Do not leave appliances, dirt or root balls at the dumpsters.
 
Home Improvement & Construction Projects

'Tis the season for project completion! If you are considering maintenance such as landscaping, fence staining, remodels, new builds, construction, etc., please review the procedures for Landmark HOA's review process. Procedures can be found under the Lot Improvements page under the Homeowners section on the HOA website.

If you have a question about your association’s covenants and design regulations, you will be able to find these documents under the Welcome to Landmark tab on the homepage. 

RECREATIONAL EQUIPMENT STORAGE
 
Per Amendment 2 of your covenants, Article IX Section 4. Recreational Equipment, all campers, motorhomes, and ATVs need to be removed from the driveways and/or concrete pads next to the driveways and enclosed in a garage or otherwise screened area from October 15th-May 1st. Trailers, boats, motorhomes, and any other recreational equipment may not be parked on the roads at any time. Thank you for your anticipated cooperation. 
Upcoming Events
Landmark HOA Annual Meeting
Tuesday, May 25th
Landmark HOA annual meeting via Zoom.  See Homeowner Notice for details.