A one-time Initiation Fee of $400.00 is charged to all new homeowners. Please have your attorney contact the office prior to any real estate closings for current dues and assessments information.
Dues and Assessment bills are mailed four times a year. Residence and property dues are payable on the fifteenth of February, April, June and August. A $25.00 late fee is charged if payment is not received within fifteen days of the due date.
At the age of sixty-two, Senior Citizens are entitled to a 10% discount on their Dues & Assessment bills. Proof of age must be provided to the office.
Military veterans and active personnel are eligible for a 10% discount on their Dues and Assessment bills. Proof of service through a military identification card or discharge forms are required. This discount shall not be applied if the account is currently receiving a 10% Senior Citizen Discount.
There is a $50.00 fee charged for all returned checks.
Any member who’s account is sent to an attorney or collection agency for non-payment will be required to pay reasonable attorney’s fees and court costs in addition to the outstanding balance.
Any member who is experiencing a temporary financial hardship can apply to the Trustees for a special payment option. The Trustees will work with the member to avoid late fees, not to reduce the Dues & Assessments owed.
The LCPOA publishes a Quarterly Newsletter which is mailed four times per year and contains the Agenda for any scheduled meeting.
The Budget for the upcoming year is published in the Fourth Quarter Newsletter and is then voted on at the Fourth Quarter General Meeting.
Special Assessments are not included in regular membership dues. The LCPOA Board of Directors has the authority to impose special assessments to cover one-time expenses for any major repair or improvement.