Shadow Wood Community Association, Inc. (SWCA) is the master association for the Shadow Wood Community located in Estero, Florida. All SW homeowners, by virtue of owning a home in Shadow Wood, are members of Shadow Wood Community Association. The association is dedicated to preserving the beauty and integrity of Shadow Wood. Shadow Wood Community Association is responsible for maintaining the common property and enforcing the provisions of the Declarations of Covenants, Conditions and Restrictions for Shadow Wood which are designed to preserve and enhance the character of the community. The association also has the fiduciary responsibility for keeping financial records and sound investments through continuous improvements and enhancements in the operation and maintenance of all the assets of the community.
The Association’s operation is funded by annual dues. The capital expenditures for major repairs and replacement to maintain the common areas are paid from a separate Replacement Fund. The sources of revenue for the Replacement Fund are from capital contributions from home sales, services provided to SW neighborhoods that do not have their own homeowner’s association and interest income on the Fund’s investments. The Replacement Fund needs and sources of revenue are reviewed and updated annually using a projection period of 30 years.