We've compiled a list of some Frequently Asked Questions (FAQ's) below. If you can't find the question/answer you are looking for on this page, select Search - we'll search the entire site for you. If you'd like to ask your own question, goto Ask A Board Member at Resident Services > Forms and we'll get back to you with an answer.
Q: What is a Homeowner's association?
A: It is a non-profit corporation registered with the State and managed by a duly elected Board of Directors. Its purpose is to maintain all common areas and to govern the community in accordance with the provision of the legal documents: the Bylaws and Articles of Incorporation. The governing legal documents for the association may be viewed online within the Resource Center page of this site. The corporation is financially supported by all members of the homeowners association. Membership is both automatic and mandatory.
.: Q: What are the Covenants?
A: : Our Covenants, or Conditions and Restrictions are apart of our By-Laws and are guidelines for residents in the maintenance of their property. The By-Laws were recorded by the Douglas County Register of Deeds and are included in the title to your property. Failure to abide by the By-laws may result in a fine to a homeowner by the Association. The By-Laws for the association may be viewed online within the Resource Center page of this site.
Q: What are the Bylaws?
A: The Bylaws are the guidelines for the operation of the non-profit corporation. The Bylaws define the duties of the various offices of the Board of Directors, the terms of the Directors, the membership's voting rights, required meetings and notices of meetings as well as other specific items that are necessary to run the Association as a business. The Bylaws for the association may be viewed online within the Resource Center of this site.
Q: Are there any other rules?
A: Yes, Treat your neighbors as you would like to be treated.
Q: If I am having a problem with a neighbor for a violation of the Policies and Guidelines, what can I do?
A: If residents cannot resolve a situation between themselves they may contact the Association. Should you have a situation that does not appear to be resolved through neighborly means, and you are willing to actively participate in the enforcement provided by the By-Laws, you may complete a Covenant Violation form online. The violation form may be found within the Resident Services > Forms page on this site. If the situation is deemed in violation of the Policies and Guidelines, the Board of Directors will institute the enforcement policy.
Q: Are Board Meetings open to all residents? If so, where and when are they held?
A: Yes. Notice of the time and place of any regular board meeting will be noted in the community newsletter, or accessed online on the Calendar page.
Q: If I want to serve on a committee, how do I find out what committees are active and how I can get involved?
A: The Contact Us page of this website will inform you of the status of current committees organized and committee contact information. If you are interested in volunteering, please contact the committee chair or fill out the online volunteer form found on the Management Office page of this site.
Q: What are my Associations Dues
A: The Association Dues are an annual fee due from each homeowner to cover the operating expenses of the Park, the Lake, Round-abouts, Entrances, the Dam, Social Activities and to provide for reserve funds for replacement of common facilities and dredging the Lake in future years. Your assessments are due in March of each year. Statements will be sent for dues as a reminder of the amount due.
Q: How is the amount of my Dues determined?
A: The Board of Directors develops a budget for each year to determine the upcoming expenses. Homeowners' dues are based on the anticipated expenses. The Association By-Laws outline the distribution of expenses for the care and maintenance of the Lake between the off-lake lots and the on-lake lots..
Q: Will my Dues go up?
A: The dues are based on anticipated expenses. When these expenses increase our dues increase. The Association By-laws limit annual dues increases to 3% without a vote of the homeowners. The By-Laws for the association may be viewed online within the Resource Center page of this site.
Q: What happens if I don't pay my Dues?
A: The expense for the maintenance and care of the Lake, Park and Common areas incurred by the Association are dependent upon timely receipt of the dues from each homeowner. Late payments will result in a late charge as assessments are due each March. The By-Laws permit the Association to charge 14% interest and file a lien for non-payment of Dues. The By-Laws for the association may be viewed online within the Resource Center page of this site. |