Association Dues
Association dues are currently $495 per year, with $247.50 due on January 1
and $247.50 due on July 1 for the year 2009. In 2010, the dues will be
$510 for the year, an increase of only 3%, with $255 due on January 1,
2010 and $255 due on July 1, 2010.
Dues are assessed bi-annually, in January and July, and are equally
assessed
for each unit in Arbor Hills. Revenue from the Association dues
provide funds to manage and maintain Arbor Hills common elements,
to cover the Association's operating costs, and replenish reserves.
Arbor Hills Condominium Association has a number of common elements
it is responsible for, including mailbox stands, street lighting,
roads, snow plowing, storm water sewage, and common areas.
Annually, the budget is reviewed to set the amount assessed for the
Association dues.
The management company, Select Community Management, handles
the billing and administration
of the Association dues. Notices and payment coupons are sent out
in December and June, and payments are due in January and July.
Dues can be sent in by mail or paid in person at the
management company office. Dues can only be paid electronically
if you set up automatic electronic payments.
Automatic Electronic Payments
If you wish to have your Association obligations paid
automatically, they can be electronically debited to a
bank account of your choice.
You can set up automatic electronic payments of your
Association account bills
by completing the following Direct Bill Payment Authorization
Agreeement form and submitting it to the management company.
Please read the terms of the form carefully, and direct
any questions you might have regarding the Direct Bill
Payment Authorization Agreement to the management company
or your bank, as appropriate.
One time E-check or Credit Card Payment
One time electonic check/debit or credit card payments can be made
directly through the Assocaition's bank, Mutual of Omaha - Community Association Banc.
Please access the
Homeowners section of the Community Association Banc
and follow the corresponding instructions.
If you have questions regarding making Association payments or what your Association account's current
balance is, please contact Angela Webb, Accounts Receiveable at Select Community Management.
Late Fees
Prompt payment of Association dues and outstanding Association
account balances is expected.
Late fees are charged monthly on
any Association account carrying a balance, until the balance is
paid in full (including all late fees.)
All accounts carrying
an outstanding balance are invoiced monthly and billed to the
homeowner's
address on file with Select Management.
Accounts that are past due for over 90 days are subject to further
actions. Please refer to
the information under the Policies
section for detailed information
on the collection of Associaton fees and service charges.