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We are a self managed community.
The board members are working very
hard to make our community a desirable place to live.
Section 3.06 Duties of the Board of Directors.
The Board of Directors shall
provide for the management, administration, operation, maintenance, repair,
upkeep and replacement of the Common Area in the Subdivision, and the collection
and disbursement of the Common Expenses.
These duties may include, but are
not limited to:
(a) management, maintenance,
repair and replacements of the common area;
(b) procuring of utilities used in connection with the common facilities,
removal of garage and waste, and snow removal from the common areas and, if the
Board of Directors deems prudent, from public streets in the Subdivision;
(c) landscaping, painting, decorating, and furnishing of the Common Areas;
(d)
maintaining sidewalks;
(e) assessment and collections from the Home Owners of the pro rate share of the
Common Expenses;
(f) preparation of Annual Budget;
(g) preparing and delivering annually to the home owners a full accounting of
all receipts and expenses incurred in the prior year, such accounting
shall be delivered to each Home Owner as soon as possible after the end of each
fiscal year.
(h) keeping a current, accurate and detailed record of receipts and expenditures
affecting the property, specifying and itemizing the Common Expenses. All
records and vouchers shall be available for examination by a Home Owner upon
reasonable notice during normal business hours;
(i) to procure fire and extended coverage insurance covering and improvements on
or to the Common Area to the full replacement value thereof and to procure
public liability and property damage insurance and Workman's Compensation
Insurance, if necessary, for the benefit of the Owners and Association; and,
(j) assessment and collection of Special Assessments from any or all of the
Owners.
Section 3.07 Powers of
the Board of Directors.
The Board of Directors shall have all powers as are reasonable and
necessary to accomplish the performance of their duties. These powers
include, but are not limited to, the power:
(a) to employ a managing agent or
a real estate management company ( either being hereinafter referring to as "
Managing Agent") to assist the Board in performing it duties;
(b) to purchase for the benefit of the Association such equipment, materials,
labor, and services as may be necessary in the judgment the Board of Directors,
(c) to employ legal counsel, architects, contractors, accountants, and others as
in the judgment of the Board of Directors may be necessary or desirable in
connection with the business and affairs of the Association;
(d) to include the costs of all of the above and foregoing as a Common Expense:
(e) to open and maintain one or more bank accounts in the name of the
Association;
(f) to determine rules and procedures for hiring and firing of personnel
necessary for the maintenance, repair and replacement of Common Areas and for
approving the payment of vouchers, invoices and the like;
(g) to adopt, revise, amend and alter from time to time reasonable Rules and
Regulations with respect to use, occupancy, operation, and enjoyment of the
Common Areas;
(h) to grant easements and other rights over Common Areas;
(i) to impose non-discriminatory fines upon any Owner or Owners if they, or any
members of their family, quests or invitees, shall violate any rules or
regulations adopted by the Association, such fines shall be collectible by the
Association in the same manner as payment of the Annual Assessments is
collectible, and shall be secured by a lien on the Owner's Lot and subject to
late charges and interest to the same extent as a late payment of the Annual
Assessment; and,
(j) to do such other acts and things as are in the best interest of the majority
of Home Owners and which are not contrary to law.
We have hired Elite Property Management Services of Indiana (Affordable H.O.A) to manage the Accounting & Financial responsibilities for
Glennwoods. They will only be responsible for accepting home owner
association fees and paying any bills related to the Glennwoods
Community. Please do not call them with questions about the association.
You may call the Associations Phone Line at 241-5933 with any questions
or concerns you may have.
Elite Property Management Services of
Indiana Inc 5162 Stop 11 Road Suite #4 Indianapolis In 46237 Phone
534-0200 Fax 534-0201
If you would like to make
payment arrangements please contact
Katie Alexander at Phone 317-534-0200
A Big Thank You to our Homeowners
that have maintained their property and paid dues on time. We truly appreciates
each and everyone of you. |
