About the Association.The purpose of the Valley Stream Homeowners Association is to:
The Board of Directors meets approximately monthly and has an annual meeting in May. You are welcome to attend any meeting. If you have an agenda item for the meeting, please give advanced notice to the president. You are encouraged to join the Board. The Welcoming Committee distributes a small package of information to new residents. For more information contact the board member in charge of welcoming. Homeowners associations are quite common in Michigan, especially where the subdivision has common areas that need to be maintained after the developers sell the last lot. We collect annual dues of $175.00 from the 110 residents in the subdivision. This money is used primarily for maintaining the grass at the subdivision entrances and cul-de-sacs, and maintaining the trees in those areas. The Subdivision Association has the legal right to place a lien on a resident's property for not paying dues. Mortgage lending institutions usually include association dues in the closing statement. The official name is Valley Stream Subdivision Association, but it's commonly referred to as Valley Stream Homeowners Association. |
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