When is the assessment due?

 

Assessments are due on December 1 each year. Statements are mailed in October. A $20 Late Fee charge is applied for payments postmarked after December 1.

How is the amount of my assessment determined?

 

Each year, the Board of Directors prepares a budget based on the anticipated expenses for the upcoming year. These costs include utilities, landscaping, administration, etc. These amounts are then divided by 290, the number of homes in LRM.

What does the annual assessment fee go towards?

 

Your annual fee goes towards multiple expenses such as:

  • Care of landscaped areas owned by LRM
  • Accounting fees for dues collection, bill paying and taxes
  • Liability insurance
  • Water bill for sprinklers
  • Electric bill for light posts at the front entrance
  • Yearly trash service
  • Management company

What is an assessment?

 

The assessment is the periodic amount due from each homeowner to cover the operating expenses of the association and provide for reserve funds for replacement of common facilities in future years.

ANNOUNCEMENTS


LRM Carnival Block Party

Saturday June 1st 4-7pm

Corner of Kenwood and Kingston Drives.

Trash Service Bulk Item Pickup Update

Constable has changed LRMs bulk item pick up date to the second service week of each month.

For more details please visit Constable’s website and review their bulk item pickup calendar: HERE

Proposed DCCR Changes Voting Update

 The previous open voting period closed 9/15 with 126 votes captured. Thank you to all those who have cast their vote.

You should have received an e-mail for and/or mailer with voting instructions from Inspectors of Election.

Please READ THIS LETTER regarding voting on the Proposed document changes, and use this link:

SIDE BY SIDE DCCR COMPARISON, to open the document showing a side by side comparison of the changes.

*If you have not yet voted and/or need assistance with voting instructions please reach out to CAM (cassiedurham@camkc.com) or the HOA Board for assistance.

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