Crescent at Cherry Lane Homeowners Association

The annual meeting of the members (homeowners) of the Association will be held at 7:30 p.m. on October 16, 2012, at the First Baptist Church of Laurel. The purpose of the meeting will be to hold an election for one open position on the Board of Directors and to solicit member feedback on the Association’s proposed budget for 2013. The Association’s bylaws require 30% of the members to attend this meeting (or submit a proxy) for the required vote to be held. Please make plans to attend this important meeting. If you cannot attend, please complete the proxy.

Election of Board Member

Carl Isler's term on the Board of Directors is expiring. Accordingly, an election will be held at the annual meeting to fill his position on the Board. Members in good standing (no more than 60 days behind in any dues payments) are eligible to vote in the election.

If you would like to nominate yourself or someone else for a Board position, please complete the enclosed Candidate Nomination and mail to Tidewater at the address above, or by fax to the number below by October 13, 2012. All other nominations will be taken from the floor. Interested candidates are asked to be present at the meeting and be prepared to speak for a couple of minutes about why you would like to serve on the Board. Please note that your resume will be posted on the Association’s website and distributed at the meeting for review by each resident.

Discussion of Proposed 2013 Budget

The proposed budget will be posted on the Association’s website (http://crescentatcherrylane.webs.com) before the meeting. If you would like a paper copy, please contact Tidewater Property Management at the number below. All members who attend and who desire to speak on the proposed budget may do so. The Board of Directors will meet at 7:30 p.m. on November 13, 2012, at the First Baptist Church of Laurel to approve a 2013 budget and elect the Association’s officers.

As a reminder, quarterly assessments are due on or before October 1. If your payment is not received by October 15, additional late fees and interest will accrue.

Quarterly Assessments are as follows:

Alleyway Homes $197

Non-Alleyway Homes $119

A number of homeowners are behind on their assessment payments. Please contact Tidewater to bring your account current or if you are unsure if your account is past due.

We have received an update from Elm Street regarding the remaining lots in the community.  Elm Street is currently negotiating a contract with Ryan Homes to build the remaining 19 single-family houses and 7 townhouses.  They hope to have construction started on the first house in September.  When we learn more information, we'll share it.

As a reminder, quarterly assessments AND annual on-lot maintenance assessments are both due on or before April 1.  If your payment is not received by April 15, additional late fees and interest will accrue.  Assessments are as follows:

Quarterly Assessments
Alleyway Homes $197
Non-Alleyway Homes $119

Annual On-Lot Maintenance Assessments
Townhomes $60
Single-Family Homes $90

In January, the Laurel City Council approved an ordinance amending the City Code to add parking restrictions in the community. The ordinance prohibits parking on the north side of Breckenridge Street between First Baptist Lane and Rockcastle Street, on the west side of Breckenridge Street between Rockcastle Street and Cherry Lane, on the west side of Rockcastle Street between Archsine Lane and Breckenridge Street, and on the west side of Hardcastle Street. The restrictions became effective immediately upon passage and vehicles parked in these areas are subject to ticketing. First Baptist Lane should also be striped this Spring as discussed in our December update.

Residents are encouraged to park their vehicles in their garages or on their driveways to leave sufficient street parking available for guests. In addition, residents are reminded that the Covenants prohibit parking in the alleyways and all vehicles parked in the alleyways are subject to immediate towing.

The Board of Directors is continuing to seek a volunteer to serve as Secretary of the Association. The primary job of this officer is to attend and prepare a record of each meeting of the Association and the Board. This is a great opportunity to become involved in the community and meet more of your neighbors. Please email us at [email protected], if you are interested in volunteering.

The Board of Directors will hold a regular meeting on Tuesday, March 6, 2012. The meeting will be held at 7:30 p.m. at the First Baptist Church of Laurel. The Board intends to discuss a potential turf refurbishment program to enhance the look of the common areas, pending applications for architectural review (if any), and parking restrictions.

After discussions with the Board, the City has agreed to stripe First Baptist Lane.  In the next month or so, a yellow stripe will be painted off-center on First Baptist Lane.  This will clearly mark the two traffic lanes and one parking lane in the outbound direction.  Vehicles parking on First Baptist Lane on the inbound side will be parked in a travel lane and will subject to ticketing and towing.

The Board continues to work with the City on parking issues on Hardcastle Street, Breckenridge Street, and Rockcastle Street.  We hope to provide an update in the near future.

To date, one nomination has been returned to the Board of Directors.  The candidate nomination form is posted below for residents to review:

Robin McCormick

The proposed 2012 budget for the association is now available.  The budget will be up for discussion at the October 13, 2012, annual meeting.  The Board will further discuss and approve a 2012 budget at the November 17 Board of Directors meeting.