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Lakemont January 2018

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www.grahammanagementhouston.com<br />

What are duties of the Board member?<br />

Board members must carefully review and understand all the HOA’s<br />

governing documents, such as the bylaws, articles of incorporation, covenants,<br />

conditions, restrictions (CC&Rs) and day-to-day operating rules.<br />

The Board members are responsible for the affairs of the association,<br />

preparing the annual budget, providing for maintenance of common<br />

areas, hiring personnel necessary for upkeep of the association and<br />

common areas, enforcing rules, keeping books, obtaining insurance,<br />

collecting assessments, adopting rules. HOA Board members act fairly,<br />

in good faith, in the interest of and for the benefit of the HOA.<br />

What is the benefit of being the Board member?<br />

The Board members are volunteers and the greatest reward Board<br />

members most of the time is the satisfaction of a job well done when<br />

the community prospers.<br />

What are deed restrictions?<br />

Deed restrictions are rules and regulations that govern one or more lots<br />

or parcels of land within an HOA governed subdivision. They are imposed<br />

by the land developer prior to creating the HOA. Deed restrictions<br />

are contained in a document that is recorded with the county register<br />

of deeds records where the property is located. Deed restrictions are<br />

permanent and they bind all current and future owners of the lots. Deed<br />

restrictions are created to protect property owners and property values.<br />

Where can deed restrictions be found?<br />

Each homeowner will get deed restrictions from their title company<br />

when they buy a home. <strong>Lakemont</strong> deed restrictions can be found on<br />

<strong>Lakemont</strong> Community website at www.lakemontcommunity.com.<br />

What is the annual assessment?<br />

The Annual Assessment is the dollar amount that an HOA will collect<br />

from each home that is part of the HOA. The amount is designated to pay<br />

for annual operations and maintenance, which typically includes items<br />

such as landscaping, lake maintenance, pool maintenance, insurance,<br />

streetlights and water. The annual assessment is due on <strong>January</strong> 1 st of<br />

each year and it becomes delinquent on February 1 st .<br />

How is annual assessment calculated?<br />

At the end of each year, the Board will prepare the budget for the<br />

following year. An HOA operating budget is a projection of the funds<br />

needed by the association to cover its operating expenses and provide<br />

adequate reserves for repair. Once the projected amount is determent<br />

it is equally divided between homeowners.<br />

Why are upkeeping and maintenance of commune area important?<br />

The value of a home is directly affected by the quality of common areas,<br />

maintenance of the amenities, the enforcement of the rules and<br />

regulations, the adequacy of reserve funds and the community spirit.<br />

MANAGEMENT COMPANY<br />

Most people believe that the exterior appearance of a home speaks<br />

volumes about the people who live in it. When you see a well maintained<br />

and attractive home there is an automatic assumption that the<br />

interior is also well maintained and attractive. Failure to maintain a<br />

home properly affects its value and the overall value of homes in the<br />

neighborhood.<br />

As a part of our contractual agreement with the Association, the<br />

management company visits the community monthly noting deed<br />

restriction violations. On each visit, the management company repre-<br />

HELPFUL NUMBERS<br />

COMMUNITY CONTACTS<br />

<strong>Lakemont</strong> On-Site Office Hours<br />

Monday thru Friday 11am-6pm<br />

closed for lunch 12-12:30PM<br />

Closed Saturday and Sunday<br />

<strong>Lakemont</strong> On-Site 832.595.6808<br />

<strong>Lakemont</strong> Patol 832-719-1047<br />

GRAHAM MANAGEMENT<br />

Community Manager - Tracy Graham<br />

tgraham@grahammmanagementhouston.com<br />

Onsite Manager – Jessica Delgado<br />

jdelgado@grahammanagementhouston.com<br />

Assistant Manager – Amy Conley<br />

Aconley@grahammanagementhouston.com<br />

Please visit our new website:<br />

www.grahammanagementhouston.com<br />

713-334-8000<br />

We encourage all residents to register for access<br />

to view your account information, community forms,<br />

and governing documents.<br />

EMERGENCY NUMBERS<br />

Ft. Bend County Sheriff’s Dept. 911<br />

Ft. Bend County Animal Control 281-352-1512<br />

Community Fire Station #3 281-578-6444<br />

Poison Control 800-222-1222<br />

Hurricane Preparedness/Red Cross 713-526-1536<br />

CenterPoint Energy/Natural Gas 713-659-2111<br />

Crest Management Company<br />

(for after hours emergencies) 281-579-0761<br />

NON-EMERGENCY NUMBERS<br />

Ft. Bend County MUD 281-290-6500<br />

Ft. Bend County Sheriff’s Dept. 281-341-4665<br />

North Ft. Bend Annex 281-238-1400<br />

Ft. Bend County Appraisal District 281-344-8623<br />

Ft. Bend County Tax Assessor 281-341-3710<br />

Ft. Bend County Vehicle Registration 281-341-3709<br />

Ft. Bend County Voter Registration 281-341-8670<br />

Ft. Bend County Library Cinco Ranch 281-395-1311<br />

Texas Driver’s License Office Katy 281-391-4874<br />

Best Trash LLC 281-313-2378<br />

On Site Management Office 832-595-6808<br />

LOCAL SCHOOLS<br />

McNeill Elementary 832-223-2800<br />

Briscoe Junior High (7th-8th) 832-223-4000<br />

Wertheimer Juior High (6th) 832-223-4100<br />

Community Newsletter | <strong>January</strong> <strong>2018</strong><br />

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