WHOA Magnolia Delaware (Woodfield)
PO Box 253, Magnolia DE 19962-0253
Investment Property Services
102 Larch Circle Suite 302
Newport DE 19804
302-394-3907
18236 Coastal Hwy
Lewes DE 19958
302-291-2139
www.ipsde.com
Woodfield is a residential development within a residential neighborhood, and has been incorporated as such.
Storm Water Pond Maintenance
Kent County Conservation has taken over our MAJOR pond maintenance: that is pipes, grates, connections, pond interiors and more. Each pond (and we have 7 of them) has a projected failure exposure of at least $100,000.00
Woodfield still keeps mowing the grass, trimming/removing the trees, removing the growth in the pond centers and performing other cleanup items. This is MINOR pond maintenance.
Since we were already carrying out these minor tasks, the benefit to us becomes the lack of extreme monetary exposure for pond failure. That exposure would have been passed along to each property owner in the form of a special assessment.
