The Board of Directors voted at the August board meeting the following:
Residents are made aware of of these guidelines through the current proclamation displayed on a bulletin board in the hallway and by a memorandum distributed by the manager.
Since this is an independent living facility, residents have a choice of how much isolation, socialization and compliance they choose to do, being considerate of others and the keeping the communal environment in mind.
The board meets the last Tuesday of the month and at each board meeting discussion will take place concerning the current re-opening guidelines and data before voting on changes in our current policy.
Regency is an apartment style community exclusively for people age 55 and over. It is also a non-profit corporation (501c3) under Iowa state law. A person must meet three criteria to qualify for Regency ownership:
A five-person Board of Directors chosen by the Members. Three resident Directors and two local community members serve and are chosen at an annual meeting. A Manager and staff carry out the Board’s policies.
Regency is an owner occupied community with prices based on square footage. Those who purchase, own a membership with voting rights in the non-profit corporation. Ownership gives one a membership certificate of title, the apartment of their choice, an elegant and lovely community room for socials and personal use, and free laundry amenities.
Some utilities are included (water, sewer). Since everyone’s usage is different, our Members have currently voted to pay their own personal gas and electric. Just another way our Members can choose to control their own costs, without subsidizing the expenses of others. Computer & Internet access is FREE!
Laundry facilities are included and free.
Below are optional for additional fees:
You and your personal physicians continue to handle your health decisions. Regency welcomes all “in home” care and service providers that you or your physicians choose, such as Homeward, At Home Care, Home Instead, Hospice, and others.
Residents can plan and organize activities independently. There is coffee in the community room for visiting and birthdays and holidays are typically celebrated with pot lucks or other activities. During the winter months, the manager may schedule a program or entertainment to help with the winter “blahs” and give residents something to look forward to.
Questions? Please contact Vicki at 515.382.6169 or email@example.com
|Expenses||Your Current Monthly Estimates||Your Regency Estimates|
|Electric & Gas (Per Usage)||$250||$100 (estimated)|
|Computer & Internet Access||$60||Included|
|Routine Maintenance (Plumbing, electrical, mowing, snow removal||250||Included|
|Major Repairs / Replacements (appliances, fictures, windows, roof, siding, paint)||100||Included|
|Transportation Costs (vehicle upkeep, plus $2.50/gal for gas) + Garage||100||As Requested|
|Monthly Dues||n/a||$820 – $1051|
|Peer Friendships, Convenience, Security, Privacy, Social Options||n/a||Included & Priceless!|
|Total Monthly Estimate||$1,260||$930 – $1,161|