Calumet Woods Homeowners Association, Inc.: April 2008

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 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.

Friday, April 11, 2008

Membership Meeting - Work Day

In order for the pool to open on May 19th, a lot of work has had to be done. Additionally, more needs to be done. As has been said in recent correspondence, The Board of Directors isn't asking for anymore money...we just need your hands and backs for help.

Saturday May 17, 2008, we will hold a Membership Meeting at the Pool. The time will be announced later, (but it will be before noon) A few items need voting on by the Membership. Following the meeting we will hold a work session to get a few items in order, and we will have lunch provided for all those working. Please...we need your attendance.