THINGS TO KNOW ABOUT OWNING

AND

LIVING IN HEMLOCK FARMS

 

Dues

Dues for membership in the Hemlock Farms Community Association pay for the management and operation of the Association, its facilities, and services.  Items included in dues assessment include:  Administration, Public Safety, Advanced Life Support, Public Works, Refuse Collection, Snow Removal, Community Development, Conservation, Recreation, Risk Management, Mail Room, Hemlock News, Taxes and Capital Reserve.  Also, the following facilities:  Clubhouse, Teen Center, Fawn Hill Recreation Center, Aquatics, Tennis and Library.  In accordance with Deed Restrictions on all land and property in Hemlock Farms, payment of dues and membership in the Association is required of all property owners.

Dues are charged to property owners by a formula which takes into account usage (improved property owners are more likely to use more services) and allocates a lower portion of costs to unimproved property owners (who benefit from the availability of services in terms of property value).

HFCA 2008 Dues are $1,738 for improved lots, $739 for lots adjacent to other owned lots and $1,109 for unimproved lots.  Dues include a contribution to the Replacement Reserve for 2008 of $308 for improved and unimproved lots and $205 for adjacent lots.  Adjacent and unimproved lot owners also pay a $74 water system availability charge and $64 storm water fee. Bylaws Section 6.3 requires dues to be paid by March 1st, or by means of an Installment Plan, available upon request.  Interest charges will be applied as of March 2nd.

 

Dues Payment Installment Plan

All prior year balances must be paid in full before members may apply for an installment plan.  Installment plans must be requested in writing and accompanied by a $25 administrative fee.  A written installment plan will be handed or mailed to the member for signature.  It must be returned to the Community Manager for ratification, and 25% of the annual dues must be paid, no later than March 1.  Payments will be made in equal monthly installments including interest, due no later than the last day of each month, March through November.  Members may prepay at any time. 

Members will lose NO membership privileges if they comply with the terms of an installment plan and have no past due balances on their account.

 

Budget

The HFCA 2008 budget of $7,252,050 is allocated as follows:

	Amount	% of
	Allocated	Total
Administration	909,990	13
Public Information	187,640	3
Public Safety	1,049,270	14
Advanced Life Support	332,760	5
Mail Room	11,800	0
Community Development	223,320	3
Community Conservation	120,600	2
Refuse Collection	405,980	6
Public Works	1,161,630	16
Recreation	238,620	3
Clubhouse	293,490	4
Teen Center	25,090	1
Cultural Arts	82,496	1
Day Camp	85,420	1
Aquatics	231,810	3
Tennis	35,820	1
Library	7,550	0
Custodial	169,210	2
Risk Management	224,350	3
Uncollected dues & fees	72,000	1
Contingency	238,254	3
Capital Expenditures	23,350	0
Replacement Reserve	1,121,600	15
Total	7,252,050	100%

*Day Camp Program is covered entirely by its registration fees.

Other recreation program costs may be partially offset by registration fees.