Autumn at the Lakeshore East

Lakeshore East park FALL

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Tennis anyone?

Maggie Daley ParkBeautiful autumn view from The Lancaster, Maggie Daley Park in the distance and the changing leaves in the Park at Lakeshore East.

Should the new Maggie Daley Park build 6 tennis courts? How would you weigh in?

http://www.redeyechicago.com/news/local/redeye-maggie-daley-park-tennis-courts-peanut-park-20141008,0,77941.story?track=rss

Balconies of Lakeshore East

A preview of some views from balconies at Lakeshore East. Contact Ginger Menne for more information at GingerMenne@bairdwarner.com

This page will be updated with new views bi-weekly.

Balcony AquaBalcony view from the Aqua.

 

Balc view Lancaster Balcony view Lancaster 2 Balcony Lancaster

Views from the Lancaster.

 

Balcony Aqua 2

East view from the Aqua.

 

Lakeshore East Special Assessment Information

(Reposted fromhttp://www.neweastside.org/LSEassessment2.html)
Background  (This information prepared in 2013 by the 340 On The Park Finance Committee)
 
Ever wonder about the extra property tax we all pay for the “Lakeshore East Special Assessment”? We looked into it, and would like to pass along what we learned.
 
History
In November 2002 the Chicago City Council passed an ordinance authorizing the city to issue a series of three municipal bonds totaling $58.9 million to build out the infrastructure of what has become known as Lakeshore East. The bond series was to be paid back by residents of the neighborhood over thirty years.
 
Now after 11 years, one of those bonds has matured; the second has 9 years to go, and the third has 19 years to maturity. The blended interest rate on the two outstanding bonds is about 6.7%. All three bonds have a pre-specified pay-down schedules such that the individual tax bills paid by neighborhood owners do not change much over time, despite the sequential payoff of the bonds. Please see the attached Appendix for more details on the bonds.
 
Our Share
340 On The Park was allocated responsibility to repay 8% of the total bond issue. Each owner in our building shoulders a pre-specified portion of this obligation in proportion with his or her unit’s fraction of ownership of our common areas. The fractional ownership is recorded in our association’s Declaration, and will not change over time.
For more information on this topic see these links:

The Amazing Ladies of The Lancaster

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Featured Guests: Catherine Cooper of Bon Macaron Chicago and Dr. Tracy M. Campbell, F.A.A.D. with Ginger Menne

Featured Guests: Catherine Cooper of Bon Macaron Chicago and Dr. Tracy M. Campbell, F.A.A.D. with Ginger Menne.

Gluten-free, handmade macarons, brownies and chocolate chip cookies from Bon Macaron Chicago

Gluten-free, handmade macarons, brownies and chocolate chip cookies from Bon Macaron Chicago

Gift bags from Dr. Tracy M. Campbell filled with beauty and skin protective products.

Gift bags from Dr. Tracy M. Campbell filled with beauty and skin protective products.

A bountiful crudité table was perfect for an evening of guiltless indulging

A bountiful crudité table was perfect for an evening of guiltless indulging

Crudités

Crudités.

Cheese board

Cheese board

Crudités with hummus.

Crudités with hummus.