Friday, August 15, 2014

HOA Update - July 2014



Hello everyone!  We have been working with Community Association Management for 4 months now and the Board is happy to report that our relationship with CAM has been consistently professional and beneficial.

Recently, CAM provided the Board with the most recent detailed financial statements.  I want to share some of the highlights here and offer to provide the full copy to any homeowner who requests one (with PII redacted).
  • One notable item is the repair of the entrance lamp by the Jasper Heights sign.  It had been dark due to electrical issues for some time, we went ahead and paid $275 to have it repaired and now it shines with a warm and inviting glow as you pass by!
  • Cash on hand = $8,910.49
  • Money Market savings = $1,708.71
  • There are 28 of our 68 homes that still owe and we expect to recover about $12,800.00 in the months ahead from those assessments, legal fees, etc.
CAM does do random drive thru inspections and the Board will take homeowner complaints, verify them, and pass them to CAM.  So please ensure you are following applicable covenants and laws so you don't get hit with a warning, a fine, or a ticket!  A few things to remember...
  • Don't park on the street.
  • Keep your lawn trimmed.
  • Dogs should be on leashes.
  • Shape those front yard trees to look like trees, not big bushes.
  • Keep mailboxes rust free and painted.
  • Large commercial vehicles are not to be parked in suburban neighborhoods by County Code.
  • Power wash that siding to remove mold and mildew.
These things are not to impose burden upon you, but to help ensure that the property values for our neighborhood are the best they can be!

If you have any questions, or comments, please contact us.  We will be glad to assist!

Sincerely,

Jason Glover
VP

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