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10% Annual Assessment Increase Approved for 2015

Posted on December 4, 2014 by QCHOA Posted in Board Meetings, Board Related, Financials

2015-increase

By unanimous consent of the Board, a ten percent (10%) increase in the Annual Assessment was approved during December 2, 2014, Regular Meeting of the Board.  This is an increase of $29 bringing next years annual dues up from $290 to $319.  While the Association runs on a fiscal calendar from October through September and while homeowners are billed for the Annual Assessment in June, the Assessment actually begins on January 1, which is the Board is required to vote in December.

Article 4.3(b) grants the Board the sole and exclusive authority to increase the annual assessment each year by as much as 10% over the preceding year’s annual assessment.  Any increase over and above that increase must be by expressed approval by the Members in writing.

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Upcoming Events

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    May 26
  2. RISD Board of Trustee Meeting

    June 20 @ 6:00 pm - 10:00 pm
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    June 21 @ 7:00 pm - 10:00 pm
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    July 18 @ 6:00 pm - 10:00 pm
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    July 19 @ 7:00 pm - 10:00 pm

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About Quail Creek

Quail Creek is a subdivision in McLendon Chisholm Texas, in Rockwall County made up of sixty-nine, one to three acre homesteads, divided into two phases of development.

Board Meetings

The Quail Creek Board of Directors meets on the third Tuesday of every month. All homeowners are welcome to attend. Anyone interested in being added to the agenda for a Board meeting must send a request at least five days before the meeting to hoa@quailcreekrockwall.org.

HOA Board

-Bob Steinhagen, President
-Ken Daulong, Vice President
-TBD, Secretary
-Shana Nalls, Treasurer

Members-At-Large
-Herb Harker
-Beverly Stibbens
-Daryl York

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