2016 Welcome Letter

January 06, 2016

To Fishers Island East End Landowners:

Your annual property assessment for 2016 was mailed on January 19th. Property rates, which are unchanged from 2015, were last increased in 2009.

A separate mailing with 2016 East End sticker rates will be sent to all Fishers Islanders in February 2016 and we will also post the rates on the website. Sticker rates will increase modestly in 2016, the categories will be simplified, and bicycles will continue to be free of charge. Our practice has been to adjust sticker rates every other year to offset normal increases in security and road maintenance costs. Sticker rates for all categories of cars and trucks can be expected to increase again modestly in 2018.

I would like to take this opportunity to update you on several matters of interest.

 

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Operations

I am pleased to report that FIDCO had a good year in 2015. Our revenues and expenses tracked closely to our budget and we were able to increase our cash reserves. Major projects scheduled for 2016 are expected to include additional grading and brush removal along our dirt roads, continuing efforts to improve road safety, including additional signage on more of our dirt roads, and developing preventive maintenance programs for our vehicles. In addition, we expect to deploy a license plate recognition system at the Gate House to improve security as well as begin to streamline the Gate Pass and Sticker programs. As part of this technology upgrade, we intend to transition to an online registration and fee payment platform within the next two years.

Safety

Safety continues to be FIDCO’s most important priority. Over the last several years, there has been a concerted effort to create a safer environment on the Island. The Recreational Path, speed bumps at the Gate and the Club, and improved signage have made a big difference. Nevertheless, we continue to have periodic accidents, which often involve speeding or driving under the influence of alcohol.

FIDCO will continue to promote safety in our messaging to the Island community and will experiment with other techniques to enhance safety. I would ask that everyone support these efforts and lead by example. Please slow down, drive responsibly and encourage your friends, relatives and neighbors to do the same.

Fire Department and Emergency Vehicle Access

Please remember that all lots improved with a building or structure must ensure that access for fire and emergency vehicles is at least 15 feet in width and at least 15 feet in height. FIDCO routinely inspects our East End roads to verify that we meet these requirements and it is important that property owners do the same. The Fire Department must be able to gain swift access to your home in the event of a fire. If you have any doubt about the sufficiency of access to your property, I would encourage you to check with the Fire Department.

Covenants and Architectural Review Guidelines

I would remind everyone that FIDCO’s Architectural Design Guidelines are applicable to all East End properties and are available here on the FIDCO website.

 

Chris Finan has completed his second year as our General Manager and is doing an excellent job. Please do not hesitate to contact Chris with any questions you may have about FIDCO’s policies. I would also like to recognize our staff of Aaron Rice, Mary Horn, Patty Faulkner, Cheryl Wheeler, Jim Wall, Mike Imbriglio and John Bergquist, all of whom will be returning in 2016. Please take a moment to thank them for all that they do.

Happy New Year to all and best wishes for 2016.

Sincerely,

P.B. Weymouth III, President