Membership Dues for 2008 will be considered late if not received by April 15th 2008. A monthly installment will be assessed in the amount of $2.50 plus 10% of the unpaid balance for accounts not paid by that date. Money received for dues payments will be credited to any older balance first, and then applied to current assessments.
Any member whose 2008 dues are not paid, will not be allowed to use Neighborhood Amenities until their account is paid in full. This is the only fair solution to those members who make their payments as required. (That means the common areas, picnic tables, and yep...the swimming pool too.)
Please submit your dues payment timely. MANY...many members in our neighborhood paid their dues early in the quarter. And your Board Member Officers who consequently volunteer our time without any compensation have paid in full.
Everyone has their own burdens (including us) but we all need to contribute to our obligations responsibly as we should.
Thanks for those who have already..and I appreciate those who will get their dues submitted promptly.
Closing Attorneys and Realtors
Closing Attorneys and Realtors may contact Tyrone Tavelez, Treasurer for Association Membership status and balances due (if any) for properties, subject to closing tyronetavalez@att.net
2013 Membership Dues - $350.00
2013 Membership Dues - $350.00
Annual Membership Dues
Dues for the Calumet Woods Homeowners Association are paid Annually.
The Association Fiscal Year is January 1, through December 31.
The Annual Membership Dues are due March 1, however cover the current calendar year.
Payment of Dues past the Due Date, will result in a Late Fee of 10% of any upaid balance of annual dues. As a result, a $2.50 per month installment fee is added to all unpaid balance, plus Interest in the amount of 10% per annum of the total unpaid balance.
Please consider this....
When a member home is delinquent in paying annual dues, that homeowner is for all practical purposes using the association as a creditor (just like a credit card company.) In fact, borrowing an amount of money equal to the Association Dues. The "borrowing" of this money from the Association does not come without a cost.
The Association Fiscal Year is January 1, through December 31.
The Annual Membership Dues are due March 1, however cover the current calendar year.
Payment of Dues past the Due Date, will result in a Late Fee of 10% of any upaid balance of annual dues. As a result, a $2.50 per month installment fee is added to all unpaid balance, plus Interest in the amount of 10% per annum of the total unpaid balance.
Please consider this....
When a member home is delinquent in paying annual dues, that homeowner is for all practical purposes using the association as a creditor (just like a credit card company.) In fact, borrowing an amount of money equal to the Association Dues. The "borrowing" of this money from the Association does not come without a cost.
The Board of Directors would prefer to not collect one dime in late fees and/or penalties. Payment in full by the Due Date will defer all of those costs. There will be no exception, or discount of late fees.
Members "In Good Standing"
Members who have paid dues current and met their obligations, are eligible for full membership priviledges of the Calumet Woods Homeowners Association. Member homes who are not in compliance are prohibited from use of amenities or any other rights or priviledges afforded to members in Good Standing.
