The Gleneagle North Homeowner's Association currently collects two recurring
assessments from each homeowner:
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Annual Operational Assessment - $50/year
-
Trash Removal and Recycling - (currently under contract negotiation)
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| The Annual Operational Assessment is collected once a year in
the January/February timeframe. The assessment amount is evaluated each
year by the Board of Directors to fund annual operating
and maintenance costs of the Association. The annual assessment was
raised from the original amount of $25 to $50 in 2003, when
the Association took over ownership and maintenance of the greenbelt common
areas throughout the Association. For more detailed information on
the Association annual expenses, see the Budget posted on
this web site. |
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| Additionally, the Association began consolidated trash service for
the homeowners in 2005. The Trash Removal and Recycling assessment
for 2010 is currently under contract negotiation. This
assessment will be collected in two half-year increments in January and
July. Recycling is an additional trash removal service option and is voluntary.
Thus, recycling is only charged to those wishing to use the recycling option. |
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| The Board of Directors also has authority to levy Special (one time)
Assessments from time to time to fund special expenses (see the
Bylaws and Rules for more information). To date,
there has only been one Speical Assessment levied since the inception of the
Association. In 2006, A Special Assemsment of $75 was levied
for Community Improvement projects. |
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| Title Companies and Realtors should see our statement
requests page for information on how to request current dues status on
any GNHOA property. |