MSBU
Meeting
Next Meeting: 13 Sep 2022 @ Crosspoint Bluewater
The Bluewater Bay
Municipal Services Benefit Unit (MSBU)

MSBU

“The Bluewater Bay Municipal Services Benefit Unit” or the “MSBU” was established as a special district under the authority of F.S. § 125.01(1)(q). The purpose of the MSBU is to provide improvements and services within the MSBU which specially benefits the properties within its boundaries. The MSBU shall consist of all parcels within the boundary of the property known as “Bluewater Bay”, in unincorporated Okaloosa County. For more information reference:

MSBU Guiding Documentation

The purpose of the Bluewater Bay Municipal Services Benefit Unit (MSBU) is to supplement various community services provided by Okaloosa County and the State of Florida. The MSBU Ordinance, adopted by residents on 1 January 2004, established an annual tax assessment on each parcel, funding services for right-of-way improvements, landscaping, repair & maintenance of irrigation systems, community sign repair, and streetlights. An elected Board of Directors oversees the MSBU.

The annual BWB MSBU tax assessment that all Bluewater Bay residential and commercial property owners will pay for FY2022 (1 Oct 2021 – 30 Sep 2022) is $82.68 up from $78.75 paid in FY2021.

The MSBU can increase assessments by up to 5% each year. For an annual increase of more than 5%, the county would require voters to approve the increase. The assessment is collected with each property owners annual property tax each year.

MSBU Mission

The mission of the Bluewater Bay MSBU is to preserve and enhance the quality of life of its residents, to preserve and enhance property values along with the natural environment, and to manage the MSBU’s mission in a cost-effective manner.

MSBU Vision

Our vision is to maintain Bluewater Bay as an outstanding residential community by promoting a strong sense of community and enriching the quality of life for its members. Our desire is to ensure the community is attractive, well-maintained, and safe, by providing safe and attractive roads, sidewalks and park-like areas for residents to enjoy. We wish to contribute positively to the members’ investment in Bluewater Bay by preserving property values while ensuring the guiding principles result in the pursuit of excellence.

MSBU Board of Directors

The MSBU Board of Directors approves projects in accordance with MSBU guiding documentation. The purpose of the MSBU Board of Directors is to ensure the best possible quality of life for current and future residents of Bluewater Bay. An association manager is under contract to oversee completion of approved projects as well as monitor the status of landscape upkeep and Bluewater Bay safety.

The Florida-licensed association manager or ‘management’ that is under contract with The Bluewater Bay MSBU is Bluewater Association Management, LLC.

Typically, management oversees the day-to-day functions of running Bluewater Bay, including maintenance and repair of the community’s common areas, equipment and systems. This includes handling resident communications and other related management tasks, in accordance with the MSBU’s budget and available resources.

Management is also tasked with implementing and executing the decisions of the MSBU Board of Directors and carrying out its policies. They also must to be knowledgeable in finance, governance and compliance. They provide dedicated service and care to the residents of Bluewater Bay, as well as programs and services that fall within the MSBU’s budget.

Bluewater Association Management, LLC, is a full service, third-party residential and resort condominium association property management company. Should you see any issues related to the common areas in Bluewater Bay that you believe need to be maintained or repaired, please contact the MSBU Association Manager by sending them an email.

Bluewater Bay Municipal Services Benefit Unit (MSBU)