Services for
Lodgepole

A) ACCOUNTING AND BOOKKEEPING SERVICES:
1. Maintain the Association financial accounts, books and records.
2. Bill owners for dues and/or special assessments.
3. Collect and record owners' dues payments.
4. Invest trust accounts attempting to maximize security and yield.
5. Prepare and mail to the Directors on a monthly basis: a monthly financial statement with a comparison to budget, a year-to-date financial statement with a comparison to budget, and a balance sheet.
6. Prepare a dues delinquency report on a monthly basis.
7. Pay all approved Association bills when due and keep records of such payments.
8. Pursue collection of all funds due the Association, using all legal means up to releasing the case to an attorney for litigation.
9. Prepare audit work papers and cooperate with auditors if requested by the Board.
10. Prepare an annual budget proposal for the Directors about 30 days prior to the start of the fiscal year.
11. Complete long-term reserve studies utilizing information provided by Board.

B) MEETINGS:
1. Coordinate meetings, (up to 4/year).
2. Attend meetings to present financial information, answer questions and assist in decision making process if requested. (Up to 4/year.)
3. Take minutes and mail to homeowners, at an additional charge.

C) ADMINISTRATION:
1. Distribute new owner information to owners upon purchase.
2. Complete affidavits to facilitate sales. (Mortgage requests forms and affidavits.)
3. Maintain and update homeowner listings.
4. Complete corporate reports as required by the Colorado Secretary of State.
5. Provide limited secretarial service to the Association President.
6. Solicit and review bids for insurance, cable TV, accounting support, and trash removal. Present recommendations to the Board.
7. File insurance claims for the Association doe $150/claim.
8. Enforce covenants after being notified of suspected violations.
9. Coordinate the repair and maintenance needs of the Association as directed by the board of Directors.
10.

D) MAINTENANCE COVERAGE:
1. Maintain keys to all units to the extent they are provided by the homeowners.
2. Provide 24 hour per day - 7 day per week coverage in the event of a maintenance
emergency or a lock-out.