November 16, 2023
Hello Lake of the Woods Community Club Members (HOA)!
At the Annual Membership Meeting on November 4, 2023, the membership ratified (approved) the Annual Budget for 2024.
Per the Membership vote for the Budget for 2024 our Homeowners’ general and special assessments will be a total of $605.87) a year per lot. The yearly assessments consist of Community Operations expenses $ 278.98 (includes $50 for security), $286.89 for our Water Systems expenses and $40.00 ($16 Community Reserve and $24 for Water Reserve) per year per lot for the next year to reach our Reserve Fund Goal of full funding in five years. This year’s assessment is only $11.07 per month more than 2023. The cost of materials purchased, insurances and the need to hire more contractors has impacted the budget. Keeping our assessment lower than other communities in the area has been due to the hundreds of volunteer hours of our Board Members and community volunteers who take on work projects instead of the HOA having to hire people. More help is needed!
The 2024 homeowner assessments go into effect January 1, 2024. The assessment payment options are annually ($605.87) or paid monthly at $50.49 per month. Included in this packet are instructions on how to pay your assessments either annually or monthly. (See back page of this letter). Not sure if your 2023 assessment are currently paid up, contact HOACS for more information.
We are beginning year four of five from our current Reserve Study. Our reserve Funds are in addition to our operating and maintenance budget. Because the major maintenance, repair and replacements costs for our water system are significant, but infrequent, it is not practical to include them in our annual budget. A copy of our Reserve Study is on the community website at www.Lakeofthewoodskpn.com.
Thank you.
Lake of the Woods Community Club www.Lakeofthewoodskpn.com
13014 142nd Ave NW
Gig Harbor, WA 98329
“A Refreshing Place to Live”
Board of Directors for 2024
Karen Gore – President [email protected] 425-761-3632
Dave Tyler – 1st Vice President – Water [email protected] 253-884-9951
Vacant – 2nd Vice President – Maintenance [email protected]
Anna Hernandez-French – Secretary [email protected] 707-599-9591
Barbara Dommert-Breckler – Treasurer LOTW[email protected] 253-468-1901
Garrett Lebby – 520-370-2496
Danna Burnett 253-255-7341
Katelynn Graham – 360-265-8960
Frank Benson – 928-897-0761
Lake of the Woods Community Club Payment Options/Instructions
Looking to shorten your to-do list? Set up automatic payments and never worry about remembering to pay your bill again. There is no risk of payments being lost in the mail and potentially being charged a late fee. Enrolling is fast, easy, and free. HOA Community Solutions is excited to offer several options for payment of your assessments. Please see options below to find one that best suits your needs:
Pay Online with Recurring Payments – Create an account, set-up recurring payments and never worry about making your payments on time again! Go to the HOA Community Solutions website at www.hoacommunitysolutions.com. Once there select Pay Online, Setup Account, and create your recurring payment. You will need your bank’s routing number and your account number for the recurring payment, as well as information from the coupon at the bottom of a statement or your payment coupon book.
• Management company ID – 6835
• Association ID – LWCC
• Your Account # – see coupon book or statement for your 5-digit account number
- Note – If your assessment amount changes, your online payment amount will automatically be updated, and a notification will be sent to you via email from Alliance Association Bank.
Pay Online with One-Time Payment – You can pay with an E-Check, debit, or credit card through the HOA Community Solutions website at www.hoacommunitysolutions.com. Once there select Pay Online and make a one-time payment. You will need your bank’s routing number and your account number for the E-Check option, as well as information from your payment coupon at the bottom of a statement or your payment coupon book (please see instructions above.)
Mail in Payment – You can submit your payment by mailing in a personal check, money order, or pay through your bank’s online bill pay services. Please mail payments to the address below and remember to include your payment coupon (if applicable) when sending personal checks:
Lake of the Woods Community Club
c/o HOA Community Solutions Processing Center
P.O. Box 97974
Las Vegas, NV 89193-7974
Please include your Association’s ID and your account number in the memo line on your check.
Want to say goodbye to extra clutter?
If you have set up recurring payments online and would like to “opt out” of receiving coupon books and/or statement mailings, please send an email to [email protected] with your name, association name, & account number to opt out of future billing mailings.
If you have any questions, please do not hesitate to contact HOA Community Solutions at: Phone: (253) 985-3812 or Email: [email protected]