Each property owner is assessed annual dues to support the Owners Association (to include the owners of vacant lots within the limits of the subdivision). The dues are set each year at the annual membership meeting and approved by a vote of the membership. The amount of the dues is based upon the projected budget which is based upon historical expenditures and known requirements for capital improvements. Notification of dues owed is sent out by the management company each January. The collected dues are used to pay for the upkeep of the common areas (landscaped medians, right of ways, mailbox areas, entrance sign), capital improvement projects to maintain the value of the subdivision, Owners Association insurance, the management company, utilities, and any unexpected expenses that are the responsibility of the Owners Association.
Dues currently are set at $100 per lot. Failure to pay one’s dues will result in a lien being placed on the property by the Owners Association. The lien will include not only the dues owed but associated administrative fees as well.