Fellow Townhome Owners: 

My name Kate Fialkowski and I'm a townhouse owner in Valley Glen, Elkins Park -- within the "Village of Valley Glen Condo Association." Over the past five years, I have invested an estimated $30,000 into our neighborhood through condo fees and special assessments alone.

Despite our collective significant financial commitments, my fellow homeowners and I are left in the dark about how these funds are really being managed. And more importantly what expenses await us in the future. As homeowners, we deserve transparency and accountability from our Condo Association.

The recent letter from the management association notes a 6.6% annual increase AND a 1600$ special assessment. When we have a special assessment, it is typically a specific infrastructure investment (like roofs). This purpose of this year's special assessment is simply to "balance expenses." We were not provided with any further details. "Expenses" should be paid for by our condo fees which means that we have a significant shortfall. 

Condo fees have almost doubled without a very short period without clear explanation or justification. This shortfall has not been noted as a one-time event or an ongoing under investment that has deep financial implications to homeowners. 

I have asked repeatedly for the board to have a special in-person (zoom option) neighborhood meeting about finances. This request has been ignored. In speaking to others, I know we are all deeply concerned about the value of our homes, whether there will be sufficient funds to maintain our neighborhood in the future, and whether we will be able to afford to continue to live here.  The lack of clarity regarding financial situation and decisions threatens not only our peace of mind but also the stability of our investments. 

Therefore, with this petition, we call upon the Village of Valley Glen Condo Association to hold a special meeting regarding this year's financial shortfall noted in the annual assessment letter. We demand full disclosure on how our money is being used and assurance that it is being managed appropriately. Further we require a detailed accounting of the planned expenditures in a five year plan. And we require written updates how we are progressing according to the plan.

If you are one of the ~60 Townhome Owners in the Village of Valley Glen Condos in Elkins Park, PA ....Please sign this petition -- so we can have more transparency from those managing our hard-earned money and assets. Let's protect both our homes' value and integrity of the Village of Valley Glen Condos (the Townhomes) community together! Let's hold the board and the condo association accountable. 

Thank you.

PLEASE NOTE I DONT KNOW WHY CHANGE ASKS YOU TO PAY 8$ DO NOT PAY ANY MONEY -- NO MONEY IS NECESSARY TO SIGN THIS PETITION!!!!!!!