Capital improvement program
(cip)
ABI property maintenance and operations are funded through deed-mandated annual lot assessments, regulatory annual user access fee, and optional amenities fees for vehicle passes, ramp launch passes, dinghy dock storage passes, watercraft storage rack passes, and through various fundraiser opportunities. Larger property maintenance needs to ensure the integrity of our valuable infrastructure require funding beyond the nominal annual deed-mandated lot assessments.
ABI private beach PROPERTIES
Beach 1/Tuefel park
Total Tax Account Responsibility: 167,584 sq ft (3.85 acres)
Total Property Assessment Value: $4,616,639
Beach 2/kayak beach
Total Tax Account Responsibility: 99,950 sq ft (2.29 acres)
Total Property Assessment Value: $2,753,444
Beach 4/Ramp 4
Total Tax Account Responsibility: 67,827 sq ft (1.56 acres)
Total Property Assessment Value: $1,868,512
beach 5/easements
Total Tax Account Responsibility: 238,305 sq ft (5.47 acres)
Total Property Assessment Value: $6,564,876
total estimated ABI PROPERTy value
These estimates are provided for illustration purposes only based upon the current property value per acre for residential waterfront in Arden on the Severn. Note that ABI properties are identified for recreation and are not assessed a tax equivalent to a residential lot based upon their deeded designation for beach and amenities not permitted for residential construction.
Total Property Acreage & Estimated Property Value.pdf