Not connected in any way with the official HVLA site
Alternative information you won’t get through “official” sources.
Made with Xara
1968 - Started by Boise Cascade
1970 - Control assumed by HVLA
1970’s - Few houses. Many people
came to golf, use the Lake and
camp. Many bought lots for later
development - after retirement.
1980’s - Still a small community.
Loosely governed by Board of
Directors. Late 80’s - Receivership
1990’s - Investors/Speculators
purchased properties. Many became
delinquent in dues and taxes.
Late 1990’s - Concerns for fiscal
survival loomed. Efforts made toreduce delinquencies, largelyunsuccessful, but falsely portrayed as successful!
Recent 2000 - 2017
Bernie Madoff fooled thousands of
people for years. In HVLA
thousands of people have been
fooled for 15+ years. Self-absorbed,
narrowly-focused leadership causedserious damage to HVLA.From about 2000 through early 2015HVLA suffered from seriousmismanagement and corruption.Lack of standards and consistencyin fiscal management, personnel, contracting, facilities managementand long-term planning prevailed.Corruption in contracting, fiscalmanagement and personnel becametypical.Since 2015 improvements have beenmade (thorough audit; independent reserve study), but damage caused by losses from the 2000-15 period hasremained mostly ignored - $10-15 Million!